Top 11 FinTech Startups in India

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In a country where cash has usually been the go to medium for both small and large transactions, the growing number of FinTech companies in India are gradually introducing the country to a digital world of financial services. Though cryptocurrencies are currently seeing a rise globally, it is still the more traditional services like lending and access to banking through […]

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Paytm Developments in The Last Week

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Paytm, Indian e-commerce marketplace owned by One97 Communications, is enhancing their marketplace with 1,000 new brands, which includes Dell, Puma, Samsung, Samsonite, HTC and more, to help them in developing a stronger online presence With their strong payments user base of about 125 million users, Paytm believes that they will be able to carve a percentage from the nation’s marketplace pie. Paytm aims to […]

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Uber Partners with Paytm and Alipay for Travellers

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From today, Chinese and Indian nationals travelling abroad will be able to pay for Uber rides using a payment service that they are already familiar with. Uber has inked a new partnership with China’s Ant Financial Services Group (previously known as Aiipay) and India’s One97, which powers Paytm. With this, Chinese customers will be able to use the payment service […]

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Visa Launches Singapore Innovation Centre

Visa Inc., global payments processing network, has launched their first Innovation Centre in Asia, located in Singapore. This is Visa’s second regional Innovation Centre after their first in One Market Square, San Francisco launched in July 2014. The Singapore Innovation Centre spans 7,000 square foot and is located on the 8th floor of Visa’s Singapore office at Robinson Road, right […]

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TranServe, digital payments company raises US$15 million

TranServ, Mumbai-based digital payments company, announced the closing of their US$15 million (Rs 100 crore) Series C fundraising round.  The round was led by Venture Capital, DFC Spice fund and Micromax Informatics Ltd, India’s top smartphone manufacturer. Previous investors such as Nirvana and Faering Capital India also joined in the round.  The funding will be used for scaling and accelerating […]

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