Monday, November 28, 2022
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YES Bank digitizes payments for Nashik Smart City

India's YES Bank launched a cashless payment solution for Nashik Smart City to aid the government’s dream of a less-cash economy. Read more: www.finextra.com

World First launches in India

World First today announces the launch of its award-winning service in India as the business accelerates its international growth strategy. Read more: www.finextra.com

Softbank looks to sell Snapdeal’s FreeCharge for less than 50%

Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m. Read more: www.fintechroundup.com

Chancellor Philip Hammond wants to sell British FinTech to India

Britain's top financial policymakers begin a two-day visit to India on Tuesday, hoping to promote Britain's booming FinTech sector abroad as Brexit looms. Read more: uk.businessinsider.com

WhatsApp mulls foray into digital payments with India launch

Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally. Read more: www.reuters.com

Perfios nabs $6.1m to crunch data for banks

FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Read more: www.fintechroundup.com

Despite reports, India’s bitcoin policy hasn’t changed

Media sources in India reported this week that the government had deemed bitcoin illegal, causing a stir that appeared to be overblown. Read more: www.coindesk.com

Perpule closes seed funding for queue-jumping payments

In-store payments app Perpule has secured $650,000 in Seed funding led by Kstart – a sister company of VC Kalaari Capital. Read more: www.fintechroundup.com

A FinTech startup risks quick loans to salaried folks

You aren't eligible for a bank loan unless your employer is among the 3.3% of the companies vetted by Indian banks. Read more: www.techinasia.com

PayU to set up its Digibank service, release payment product

PayU recently announced plans to launch its own Digibank services in the country. Read more: thetechportal.com

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