PeLocal Raises $2 Million to Expand Its WhatsApp Payment Solutions
In a significant leap towards transforming the digital payments landscape, PeLocal, a fintech startup that facilitates secure payment solutions within WhatsApp, has raised $2 million in seed funding. The round was led by Unicorn India Ventures, marking a key milestone in the startup’s journey to simplify digital…
In a major development for India’s growing health-tech sector, QubeHealth, a Mumbai-based healthcare payments startup, has raised funding from two prominent investors: Unicorn India Ventures and CanBank Venture Capital Fund. The undisclosed investment comes as part of QubeHealth’s pre-Series-A funding round, marking a significant milestone in the company’s growth trajectory.
What makes…
Digital payment systems enhance convenience, security, efficiency, and growth for small businesses.
Explore nine benefits of digital payment systems for small business success.
In today’s fast-paced digital world, small businesses must adapt to stay competitive. One of the most significant shifts is the transition to digital payment systems. Not only do these systems streamline transactions, but…
Zaakpay, a prominent payment gateway by MobiKwik, has announced an exciting integration with Meta that will enhance conversational commerce on WhatsApp. This collaboration aims to create a more convenient and efficient payment experience for both businesses and consumers.
Empowering Businesses and Consumers
The integration allows users to make payments directly within WhatsApp chats, offering a…
Effective cash flow management is crucial for the success of any startup, especially when resources are limited and competition is fierce. With unpredictable cash flow often resulting from irregular sales cycles or delayed client payments, many small business owners find cash flow management to be their biggest hurdle. A 2023 QuickBooks survey found that 61% of small business owners struggle with…
Payments Firms Face GST Scrutiny
Major payment aggregators, including BillDesk and CCAvenue, have recently been served notices by the Goods and Services Tax (GST) authorities. The notices demand that these firms pay GST on fees charged to merchants for processing digital transactions under Rs 2,000, as reported by The Economic Times.
Vishwas Patel, Joint Managing Director of Infibeam Avenues…
Infibeam Avenues, a leading fintech company, has announced a strategic partnership between its flagship digital payments platform, CCAvenue, and ShopSe India, a prominent digital-first EMI/BNPL marketplace. This collaboration aims to offer a more flexible payment solution to consumers across India, enabling seamless transactions on countless merchant websites powered by the CCAvenue payment…
Indian fintech startup Fampay has unveiled its latest innovation, the Namaspay app, aimed at transforming how foreign travelers make payments while visiting India. This Unified Payment Interface (UPI)-powered application is tailored specifically for tourists from Europe, Africa, Australia, and the United States, offering a streamlined payment experience in a country where digital transactions are…
Indian fintech startups have experienced unprecedented growth over the past decade, with a staggering 500% increase and over $31 billion in investments, according to Prime Minister Narendra Modi. Speaking at the Global Fintech Fest 2024, Modi highlighted the transformative impact of fintech innovations on the Indian economy and society. The event, organized by the National Payments Corporation of…
At the recently concluded Global Fintech Fest (GFF) 2024, Google Pay made significant strides in enhancing digital payments with the introduction of several new features and partnerships. The three-day event showcased Google’s commitment to transforming the way Indians manage their finances and make payments, with a focus on convenience, security, and inclusivity.
Key Announcements from Google…
