Introduction: The Future of School Fee Payments in India
In a game-changing move for the education sector, GrayQuest, a Mumbai-based fintech startup, has just raised Rs 80 crore (approximately $9.3 million) in a Series B funding round. This fresh capital will allow GrayQuest to enhance its digital fee payment platform and extend its reach across India’s educational institutions.
If you’ve ever…
Mintoak Raises Rs 71 Crore to Revolutionize Merchant Payments: What You Need to Know
Mintoak, a rising star in the world of merchant SaaS platforms, has just raised Rs 71 crore (about $8.2 million) in a secondary funding round led by Z3Partners. This fresh capital will fuel the company’s expansion plans and push its product development forward. So, why is everyone talking about this Mumbai-based…
The Mumbai-based Fintech Startup Gains Big Backing from Z3Partners to Power the Next Wave of Digital Payments
Mintoak Secures Rs 71 Crore to Boost Merchant Services and Expand Global Reach
Mintoak, a Mumbai-based SaaS platform that powers digital payments and banking solutions for small and medium-sized enterprises (SMEs), has raised Rs 71 crore (approximately $8.2 million) in its latest…
In a major move for the Indian financial technology sector, cricket legend Sachin Tendulkar has partnered with Kissht, a Mumbai-based digital lending platform. This collaboration sees Tendulkar not only as a strategic investor but also as Kissht’s first-ever brand ambassador. This partnership is set to reshape the way millions of Indians access financial services, with Tendulkar’s iconic…
Cashfree Payments, one of India’s leading homegrown payments and API banking platforms, has announced a major brand collaboration with Bollywood actor Rajkummar Rao. The actor will be the face of their exciting new campaign, “Move Fast,” aimed at showcasing the platform’s quick, reliable, and efficient payment solutions.
This collaboration highlights Cashfree Payments’ growing focus on…
MobiKwik Cuts IPO Size Again—Price Band Set at Rs 265-279 Per Share
MobiKwik, the popular digital payments and fintech company, has made another adjustment to its much-anticipated Initial Public Offering (IPO). Originally filing for a massive Rs 1,900 crore IPO in 2021, the company has now trimmed the size to Rs 572 crore, marking its third revision. While this latest cut may raise some…
Paytm’s Big Move: Selling Stake in PayPay to Boost Cash Reserves
In a significant business decision, Paytm, India’s leading fintech company, is selling its stake in the Japan-based PayPay Corporation to SoftBank Group for a whopping $250 million (over Rs 2,000 crore). The move is part of Paytm’s strategy to streamline its investments and strengthen its balance sheet. The sale will likely see…
Introduction: PhonePe’s Bold Move to Discontinue Third-Party Partnership with Juspay
PhonePe, one of India’s leading digital payments platforms, has announced it will end its partnership with Juspay, a payment orchestration platform. This decision is a part of PhonePe’s strategy to directly offer payment solutions to its vast network of merchants. As a result, PhonePe will now handle the…
In a ground-breaking partnership, Vegapay and Yes Bank are introducing a new way to access credit directly through UPI. This collaboration aims to make credit more accessible to millions of Indians, especially in a country where only a small percentage of the population has access to traditional credit cards.
A Game-Changing Partnership for Financial Inclusion
In a major move to expand credit…
India’s leading digital payments platform, Paytm, has just made traveling abroad a whole lot easier. The company, owned by One97 Communications, has expanded its Unified Payments Interface (UPI) service to several international destinations, including the UAE, Singapore, France, Mauritius, Bhutan, and Nepal. This move allows users to make cashless payments at UPI-accepting merchants across these…
