NewsIndian central bank tightens regulations for digital lending startupsIndian digital lending market was USD 75 billion in size in 2018. 3 mins read
OVO’s CEO comments on the quick adoption of cashless payments, the importance of supporting the government, new payment products, and a possible partnership with Facebook. Q&AOVO’s new users increased by 267% during the pandemic: Q&A with CEO Jason Thompson6 mins read
Pintek will use the fresh funds to expand its technology and platform to meet the needs of underserved students and schools during COVID-19. NewsIndonesian student loan platform Pintek bags seed funding2 mins read
In a similar move, Amazon Pay launched credit service to its users. NewsWhatsApp to launch credit facility in India3 mins read
Lending startups are staring at a tough time ahead as getting loan from NBFCs and collecting money from debtors is going to be a tough nut to crack. NewsDigital lending startup Capital Float raises USD 15 million2 mins read
With the fresh funds in its kitty, SmartCoin plans to double its user base to 10 million in the next one year. NewsIndian micro-lending startup SmartCoin bags USD 7 million from LGT Lightstone Aspada2 mins read
The startup provides several services to streamline aquafarming in Indonesia. NewseFishery teams up with Alami Sharia to launch sharia-compliant pay-later program for Indonesian fishermen1 min read
The startup aims to lend about USD 138.3 million (INR 1000 crores) by the end of the next financial year. NewsIndian lending startup SMEcorner raises USD 30 million2 mins read
Rupeek plans to use fresh funds to upgrade technology and acquire customers. NewsGGV Capital co-leads a USD 60 million funding round in Indian fintech startup Rupeek2 mins read