Gemini Receives US License for Prediction Markets

Today, Gemini Space Station, Inc. (Gemini) (NASDAQ:GEMI) announced that Gemini Titan, LLC (Titan), an affiliate, received a Designated Contract Market (DCM) license from the Commodity Futures Trading Commission (CFTC), which will allow Gemini to begin offering prediction markets to U.S. customers. Gemini first applied for a DCM license on March 10, 2020. “Today’s approval marks … Read more

PhonePe integrates ChatGPT: Indian users get AI-powered assistance in-app

Digital payments giant PhonePe announced on Thursday, 13 November, a strategic collaboration with OpenAI to integrate the popular generative Artificial Intelligence (AI) model ChatGPT into its ecosystem. With this move, AI-powered assistance will become widely accessible to millions of Indian users across the payments platform’s ecosystem, including the PhonePe app, PhonePe for Business, and the … Read more

Visa and Mastercard near settlement with merchants, would lower fees

U.S. payment firms Visa and Mastercard are nearing a settlement with merchants by lowering fees stores pay and giving them more power to reject certain credit cards, the Wall Street Journal reported on Saturday (November 8, 2025), citing people familiar with matter. Visa and Mastercard would trim interchange fees, typically 2% to 2.5% per transaction, … Read more

Zarin Daruwala joins Prabhudas Lilladher Capital as Group CEO

PL Capital, a financial services organisation that’s part of the Prabhudas Lilladher Group, has appointed Zarin Daruwala as group chief executive, effective October 13. “Zarin’s arrival marks an important milestone in our mission to build an enduring, institutionally governed organisation–one that combines heritage and trust with capabilities and scale,” said Amisha Vora, chairperson and managing … Read more

Pine Labs sets sights on mid-November listing

Fintech company Pine Labs, backed by Peak XV, is targeting a listing by the second week of November. The company’s $700 million initial public offering (IPO) is expected to open in the first week of November, according to three people familiar with the plans. “The company is likely to go public between November 10-15. The … Read more

IHC targets a controlling stake in Sammaan

International Holding Company (IHC), a leading Abu-Dhabi based global investment company is investing Rs 8,850 cr ($1 Bn) into Sammaan. Transaction comprises of 33 cr equity shares at Rs 139/ share (18% discount to previous day’s price) aggregating to Rs 4,587 crore; and 30.7 cr warrants, convertible into equity shares, for Rs 4,263 crore. Above … Read more