Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! To get a […]
Paytm counts costs of regulatory clampdown as losses swell
One 97 Communications, the parent company of India’s leading digital payments platform Paytm, reported a widening of its consolidated net loss to $66.1 million in the quarter ending […]
India weighs delaying caps on UPI market share in win for PhonePe, Google Pay
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar […]
India scrambles to curb PhonePe and Google’s dominance in mobile payments
The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various […]
Cross-border fintech stands out in Y Combinator’s Winter 2024 cohort
Cross-border fintech is hot right now. The cross-border payments market is forecasted to reach over $250 trillion by 2027, according to the Bank of England. And experts say […]
Griffin Bank has a license to thrill
Welcome to TechCrunch Fintech (formerly The Interchange)! I’m filling in for Mary Ann, who is on a much deserved break. This week, we look at Griffin Bank getting […]
India’s Paytm secures third-party app license ahead of bank unit curb
The National Payments Corporation of India, the firm that built the eponymous UPI rail in the country, approved Paytm’s application to participate in the payments ecosystem as a […]
When startups fail, these startups clean up
Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk […]
Vijay Shekhar Sharma steps down from Paytm Payments Bank board
Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, has stepped down from the board of the troubled unit days after the Indian regulator signalled continuity […]
Google Pay takes its QR sound-box to small merchants in India after trial run
Google said Thursday it plans to roll out the SoundPod, its portable speaker designed to instantly validate and announce successful payments, to small merchants across India over the […]