Category: Fintech
Fintech
Paytm target slashed by Macquarie on regulatory woes
Macquarie dramatically cut its 12-month price target on One97 Communications Ltd., the parent company of digital payments firm Paytm, citing heightened regulatory scrutiny. Macquarie, which [more…]
Maybe we’ll finally see a fintech IPO in 2024
Welcome to TechCrunch Fintech (formerly The Interchange)! We’re back after a brief hiatus, and I can tell you that judging by the volume of pitches [more…]
Indian parliamentary panel red-flags PhonePe and Google Pay cornering 83% of India’s UPI payments
An Indian parliamentary panel has urged the government to support the growth of domestic fintech players that can provide alternatives to the Walmart-backed PhonePe and [more…]
Here are the fintech startups that could go public in 2024
Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. F-Prime — a VC firm with [more…]
PayPal suggests it will be ready to offer ‘offline’ payments when DMA goes into effect
PayPal is working on a new consumer app for its mobile customers, and suggested that it will be “ready” to take advantage of the new [more…]
Plaid’s new president hails from Cloudflare, has IPO experience
Plaid has named Jennifer (Jen) Taylor, who most recently served as Cloudflare’s Chief Product Officer, as its first president. The move is notable in that [more…]
Indian central bank defends ‘proportionate’ action on Paytm
India’s central bank said Thursday it takes supervisory actions and imposes business restrictions only after “persistent non-compliance” with rules, its first comment after a clampdown [more…]
SUMA Wealth grabs $2.2M as its financial platforms reach 1M users
SUMA Wealth’s platforms have seen 62% annual user growth, while revenue increased nearly five times in the past year. © 2024 TechCrunch. All rights reserved. [more…]
Finally, now with $10M, adds AI for better insight into small business accounting
In the last year, the company introduced an artificial intelligence-powered ledger, offered business banking functions and built a new version of its bookkeeping app. © [more…]
CRED to acquire mutual fund startup Kuvera in wealth management push
Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of an expansion into wealth management. [more…]
