Business

NPCI’s Massive Revenue Surge Reveals the Power and Pressure of India’s UPI Boom

NPCI’s UPI Journey Reaches a New High The National Payments Corporation of India (NPCI), the force behind India’s digital payments revolution, is riding high on the success of platforms like UPI, IMPS, and BBPS. For the financial year ending March, NPCI reported a huge jump in its annual surplus — a sign that India’s digital payments ecosystem is thriving like never before. While NPCI…
Read more
Business

OpenFX Comes Out of Stealth With $23M and a $10B Disruption Plan for Cross-Border Payments

A Fintech Rocketship Emerges from the Shadows In a fintech world crowded with promises, OpenFX just made a jaw-dropping entrance. After quietly building in stealth mode for less than a year, the startup has burst onto the scene with $23 million in fresh funding — and a staggering $10 billion in annualized transaction volume already under its belt. Backed by heavyweights like Accel, NFX…
Read more