RBI imposes Rs 5.39 cr penalty on Paytm Payments Bank for KYC norms violation
In a regulatory twist that's sending shockwaves through India's fintech universe, the Reserve Bank of India ...
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Tag: fintech
a16z-backed fintech Synapse lays off 40% of its staff
Even the brightest stars can experience turbulence in the fast-paced finance industry, where innovation rules supreme. ...
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SoftBank plans to sell part stake in PB Fintech in fresh block deal of around $105 mn
With its most recent strategic move in the field of financial technology, Japanese IT giant SoftBank ...
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UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case
Think back to the turbulent times of the 2008 financial crisis, a period of economic anarchy ...
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Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood
Alphabet, the parent company of Google, recently revealed a large drop in its ownership share in ...
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PayU plans to list in India next year sees a valuation of $6billion dollars
PayU, a fintech and payment processing startup funded by Prosus, is preparing for an Initial Public ...
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SoftBank Monetizes Investments in India: The Impact on Paytm and the Startup Ecosystem
A significant player in India's startup ecosystem, SoftBank, a well-known Japanese investor has invested in over ...
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Fidelity continues markdowns, cuts fair value of Gupshup and Pine Labs
According to its SEC filing, Fintech major Pine Labs has become the most recent Indian unicorn ...
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Visa’s $1 Billion Acquisition of Pismo Expands Footprint in Latin America
With the purchase of Brazilian fintech platform Pismo for $1 billion in cash, payments behemoth Visa ...
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Nasdaq Makes a Splash with $10.5 Billion Adenza Deal in Fintech Drive
Nasdaq, the prominent exchange operator, has announced its largest acquisition to date, with plans to purchase ...
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