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This follows MatchMove’s recent announcement to bid for a digital full bank license in . NewsMatchMove acquires strategic stake in e-commerce platform Shopmatic1 min read
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Facebook’s chatting platform WhatsApp is preparing for a nation-wide roll out of payment service in the country. NewsFacebook is in talks to acquire a 10% stake in Indian telecom giant Reliance Jio2 mins read
TransferWise will be able to tap into Alipay’s customer base, which includes more than 1.2 billion people worldwide. NewsTransferWise partners Alipay to enable money transfers to China1 min read
Paytm will shell out USD 168 million for advertising and brand building, while PhonePe will cough up US 112 million for marketing initiatives. NewsPaytm and PhonePe to go big on their marketing initiatives3 mins read
Besides engineering, Uber is investing in transforming the Hyderabad center into a full spectrum tech site. NewsUber sets up 100-member team for Uber Money in India3 mins read
A B2B payment gateway company, Cashfree provides services like money collection, wage disbursement, and instant refunds. InsightsCashfree is making life easier for online companies in India: Startup Stories4 mins read
WhatsApp, with over 400 million users in India, is now a formal contender to Alibaba-backed Paytm, Google Pay, Amazon Pay, and Walmart-owned PhonePe. NewsWhatsApp Pay is back in the game, gets India’s nod to roll out payments3 mins read
NewsDeals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more
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