Can Fintech Companies Make Rural India Digitally Savvy?

Several fintech companies are working to make banking and digital payment easy and swift for the people in Tier-3 and Tier-4 cities and rural areas through retailers and shopkeepers.

Fintech industry to be valued at over $150 billion by 2025: Niti Aayog's Amitabh Kant

India’s fintech industry has raised a cumulative funding of $27.6 billion and is expected to be valued at over $150 billion by 2025, Amitabh Kant, CEO, NITI Aayog said at Razorpay’s FTX 2021 event. Kant explained that the fintech ecosystem can now focus on lending for both consumers and MSME-based.

Indian fintech Uni raises $70 million for its pay-later cards offering

Bangalore-based Uni is among a handful of startups in India that is attempting to bring the benefits of credit cards to the masses. Even as nearly a billion Indians have a bank account, only a sliver of this population is covered by the country’s young credit rating system.

M2P Fintech launches ‘Better Half’, World’s first half a day employment programme for women

‘Better Half’ is a carefully curated program to re-start one’s professional journey, those selected are expected to contribute 5 hours in a day, making it the first company to make Half a day work mainstream. The program comes packed with benefits including formal upskilling, participation in ESOPs, and all other benefits that accrue to a person seeking full-time employment.

Paytm signs MoU with skill development ministry to train over 6000 youngsters in fintech

Paytm has signed an MoU with the skill development ministry to train over 6000 young Indians in fintech through a 6-month course and even offer employment to eligible candidates.