Fintech Startup Nimbbl Raises $3.5 Million to Boost Market Presence
Fintech startup Nimbbl said on Tuesday it had raised $3.5 million in funding from financial services platform Groww, Sequoia Capital India and Global Founders Capital...
Tag : Unified Payments Interface (UPI)
Philippines and Morocco Start Adopting Aadhaar Structure
A senior official confirmed that the Philippines and Morocco had become the first two countries to start building similar unique identifier systems for their citizens...
SBI to Launch UPI-Based Real-Time Cross-Border Remittance Service
On February 22, the State Bank of India (SBI) said it would allow real-time foreign inward and outward remittance services through the Unified Payments Interface...
RBI Introduces Single Block and Multiple Debit Features in UPI
On Wednesday, the Reserve Bank of India (RBI) announced the introduction of single-block and multi-block debit functionality in the Unified Payments Interface (UPI). Customers can...
Payments Council Launches Common Icon Library for Uniformity, Fraud Prevention
The Payments Council of India (PCI), the apex body for payment and settlement players in the country, has launched an initiative called ‘Project Pratima’ to...
UPI Transactions Surpass Record Rs 12 Lakh Crore, Volume Tops Rs 700 Crore
Transactions through the Unified Payments Interface (UPI) hit a new high of Rs 12.11 lakh crore in October and crossed the Rs 10 lakh crore...
PhonePe Acquires Indus OS, Settles with Affle Global
Digital payments and financial services company PhonePe said on July 29 that it had completed its long-term acquisition of mobile platform OSLabs following a settlement...
UPI, RuPay Cards will Soon be Accepted in France
Unified Payments Interface (UPI) and RuPay cards will soon be accepted in France, as NPCI International Payments Ltd (NIPL) announced Thursday that it had signed...
RBI Allows Linking Credit Cards with UPI Platforms, Starting with RuPay
On Wednesday, the Reserve Bank of India allowed credit cards to be linked to the Unified Payments Interface (UPI), which will enable more people to...
Slice Raises $50 Million Led by Existing Investor Tiger Global
Lending and payments platform Slice has raised $50 million, led by existing investor Tiger Global, as part of a Series C round aimed at propping...