E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India
Enabling UPI users in India to make domestic and international money transfers through Sticpay’s platform.
Enabling UPI users in India to make domestic and international money transfers through Sticpay’s platform.
The move seeks to offer “new and accessible payment services to everyone, especially the unbanked population in Peru”.
The investment follows the $110 million raised by the Pune-based firm in its Series D round in 2022.
The app has been launched in beta and is currently inviting “user input for refinement”.
Emirates NBD will implement Pine Labs’ Credit+ solution.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
SBI – the largest bank in India – is to utilise the HCLTech subsidiary’s HCL Unica platform.
The bank will continue to provide services to its existing customers.
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
The collaboration with Axis Bank represents Moneythor’s first large-scale deployment in India.
The bank’s new digital capabilities are being powered by the open finance platform eMACH.ai.
We delve into how and why Asia has surged ahead in the global race for CBDC development.
The agreement was filed with the National Stock Exchange of India this week.
Negi has acted as BharatPe’s interim CEO since Suhail Sameer’s departure last year.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round was led by UK-based LeapFrog Investments and supported by Aavishkaar Capital.
Zand’s CEO claims the move will enable “seamless deployment of digital assets, AI, and blockchain technologies.”
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The Indus PayWear app will enable the bank’s customers to tokenise their cards for use with wearables.
CBB hopes the partnership will help boost its operational efficiency and growth.
The solution will replace SBI’s current CMP platform and will be implemented over the next 12 months.
The investment builds on Perfios’ $229 million Series D and reportedly now values the firm at over $1 billion.
The French bank plans to leverage CTX’s real-time liquidity management capabilities.
The bank has also implemented Oracle’s Banking Digital Experience and Oracle Payments solutions, among others.
The integration marks the start-up’s attempt to improve the market agility of its digital loan services.
It’s thought that 57,028 of Bank of America’s customers have been impacted.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Juspay plans to enhance its offerings for the banking, financial services and insurance industries.
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
The move is a continuation of Indian PM Narendra Modi’s vision of “taking UPI global”.
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
The RBI attributes its order to “persistent non-compliances and continued material supervisory concerns in the bank”.
The bank is set to replace its homegrown Maarvel core system with Flexcube.
UPI has been recognised as a key accelerant in the real-time availability of financial services in India.
The fire sale deal follows reports in December last year that ZestMoney was closing down.
The bank has partnered with FinOS to access its composable banking capabilities and increase operating ability.
Using PayMate’s tech, NBO plans to digitise, streamline and automate its B2B payment processes.
“Industry veteran” Anup Neogi has also been appointed as the new managing director and CEO of the acquired business.
The company’s initial plans for a $255m IPO in 2021 were scrapped due to weakening market conditions.
Pai joins PhonePe from TerraPay, where he served as president of product and solutions for three years.