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Kiwi raises $13 mn led by Omidyar Network India
Bengaluru: Homegrown fintech startup Kiwi on Tuesday said it has $13 million (about Rs 108 crore) in a Series-A funding round led by Omidyar Network...
Razorpay launches AI-powered payments routing system
'Optimizer' will protect businesses from annual losses of over 7,000 crore due to transaction failures
Tech sector emerges single largest contributor to economy
Google’s $10 billion India Digitisation Fund is a game-changer
P2M transactions driving UPI growth in India, average ticket size...
The unified payments interface (UPI)-based transactions reached 9.3 billion in June 2023 from 151 million in January 2018, primarily driven by the...
42% consumers to use UPI for festive shopping
New Delhi: Digital payment methods are on the rise in India, with 42 per cent of consumers saying they will choose unified payments interface...
Teen-focused neo-banking platform Akudo to shut down operations
Leading US-based investment firm Y Combinator-backed Akudo, a teenagers-focused neo-banking platform, is shutting down its core UPI and card business,...
Bank of Baroda enables UPI LITE
UPI LITE enables customers to seamlessly make multiple, small value transactions instantly during peak hours
Global non-cash transactions to hit 1.3 trillion, UPI usage at record...
Non-cash transaction volume is likely to reach almost 1.3 trillion globally by this year, a nearly 16.6 per cent (year-over-year) growth rate, as...
