Friday, April 26, 2024
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Axis Bank

The funding round saw the participation of NB Ventres, Cred founder Kunal Shah, and actress Moun Roy

Focused on young, aspirational, and tech-savvy Indian consumers, Fibe (previously EarlySalary) has disbursed more than 5.7 million+ loans worth over Rs 18,000 Crore

Flipkart's in-house marketplace will provide a variety of financial products, including personal loans up to Rs 5 lakh

Kiwi app users can seamlessly access the RuPay lifetime free Axis KWIK Virtual credit card

The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement

The move is to comply with RBI's guidelines and ensure a secure payment experience for Visa cardholders

The American bank worked on a model that was favourable for fast-paced start-ups. If the Indian banking sector can emulate that model, while retaining its cautious approach towards lending, it can keep local start-ups insulated from upheavals like the one at...

The funds raised will be used for tech enhancement and business growth across different parts of the country and for building partnerships

This has been the bank’s first-ever partnership with a fintech player to launch a fully digital current account

The orders came after the Securities Appellate Tribunal (SAT) had set aside SEBI's insider trading charges against certain individuals in the WhatsApp leak case in March 2021