FinTech
To Boost China’s Inbound Tourism to China, Ant Group, Mastercard, and E-Wallets Launch ‘International Consumer Friendly Zones’ in Shanghai
China's inbound tourism:
Ant Group and Mastercard Launch International Consumer-Friendly Zones Program in ShanghaiAnt Group and Mastercard, along with 12 overseas payment partners of Alipay+...
Paytm has surged to its 5% upper circuit limit for the third consecutive session
Paytm Surges to 5% Circuit
One97 Communications, Paytm's parent company, experienced a 5 percent upper circuit at the opening of trading on May 31. This...
DNA Payments facilitates acceptance of Alipay+ for 50,000 UK merchants
DNA Payments Introduces Alipay+ Integration
This introduction empowers over 50,000 UK merchants utilizing DNA Payments’ POS terminals to seamlessly accept direct payments from global travelers,...
InCred Capital Empowers Vikram Agarwal, Former Executive Extraordinaire, as Chief Operating Officer
InCred Capital Names Vikram Agarwal
InCred Capital, the wealth and asset management division of InCred Financial Services Ltd, has appointed Vikram Agarwal as its Chief...
BharatPe and PhonePe, prominent players in the fintech industry, reconcile over the ‘Pe’ suffix
Fintech Giants Resolve 'Pe' Dispute
Fintech unicorns BharatPe and PhonePe have reached a settlement in their longstanding legal disputes regarding the usage of the 'Pe'...
Turkish FinTech Colendi raises $65 million in a funding round led by Citi Ventures.
Colendi, a Turkish FinTech startup, has effectively secured $65 million in new funding.
Turkish startup in the FinTech realm, Colendi, has secured $65 million in...
Permissionless Blockchain with Global Regulators:Circle Promotes
Blockchain
Last week, Circle submitted its response to the Basel Committee on Banking Supervision’s proposed standard governing crypto assets. The Basel Committee plays a critical...
Digit’s IPO concludes with a subscription of 9.6 times, with QIBs submitting the highest number of bids
Digit IPO Subscribed 9.6 Times
On May 17, Go Digit General Insurance, an Insurtech unicorn, witnessed a subscription of 9.6 times for its public issue...
Policy Bazar Fintech’s top two Executives at Plan to Sell 1.86% Stake
Policy Bazar Fintech Execs to Sell 1.86% Stake
Yashish Dahiya, chairman and CEO, and Alok Bansal, vice-chairman of Policy Bazar Fintech, the parent company of...
FinLocker raises $17 million in Series B funding to enhance the homeownership journey
FinLocker Secures $17M in Series B to Improve Homeownership
Radian Group led the investment in FinLocker, with continued support from existing shareholders, marking a significant...
Paytm Leads the Way: Prioritizing UPI Lite for Seamless Low-Value Transactions
Paytm's Focus: UPI Lite for Low-Value TransactionsOn Monday, One97 Communications, the parent company of Paytm, announced its focus on the UPI Lite wallet to...
UPI: Fostering Growth and Collaboration – The RBI governor collaborates with stakeholders to explore strategies for expanding the scale of the UPI ecosystem
The RBI explore for UPI ecosystem:
On Wednesday, Reserve Bank of India Governor Shaktikanta Das engaged in discussions with stakeholders of the United Payments Interface...
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UBS Global Real Estate Bubble Index 2025: Dubai and Madrid with strongest bubble risk increase
According to this year’s edition of the UBS Global Real Estate Bubble Index, Miami shows the highest bubble risk among the cities in this...
Alipay+ and Mastercard bring overseas NFC payments to Kakao Pay users
Alipay+, a global wallet gateway under Ant International, supports Kakao Pay, a leading South Korean mobile wallet, in launching NFC (Near-Field Communication) payment for...
Innovation’s Excellence Awards 2025 “Empowering the future of Banking in the Kingdom: Innovation, Transformation, and Growth
The International Centre for Strategic Alliances (ICSA) is proud to announce
the 22nd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025,...
SMBC Group and Jefferies Significantly Expand Their Global Strategic Alliance
Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and SMBC Nikko...