Policybazaar parent PB Fintech said the proposed changes to insurance distribution economics could make it harder to justify remaining solely a distributor and increase the attractiveness of entering insurance manufacturing, which would allow it to design, underwrite and sell policies. The company said it would wait for more regulatory clarity on the proposal. “I never … Read more
Sunil Bharti Mittal’s Airtel Money, a digital financial services platform operating across 13 African markets, has announced its plan to list on the London Stock Exchange (LSE).Sources said the company could raise about $800 million from an initial public offering (IPO) and is targeting a valuation of $8 billion to $9 billion – possibly making … Read more
Netherlands-based ??Resilient Asset Management, fully owned by Paytm founder Vijay Shekhar Sharma, will sell up to a 4.98% stake in Paytm via a block trade, ??the fintech firm said on Monday. First Published: Aug 17 2026 | 8:50 PM IST Source link
The government sought to shut down speculation on plans to impose fees on the country’s ubiquitous digital payments network, saying on Saturday (August 8, 2026) that consumers will not have to pay transaction charges for using UPI, while the vast majority of merchant transactions will also remain free. The government said any future merchant discount … Read more
India’s payment industry has long been calling for higher subsidies or a controlled introduction of merchant discount rate (MDR) to recover transaction costs. The decision to allow MDR or higher value business payments will help to turn many business models sustainable and thereby increase competition in an industry that is currently a near duopoly of … Read more
PhonePe has launched PhonePe PulsePro, an enterprise intelligence platform that uses aggregated transaction data to provide hyperlocal, near real-time market insights, as the digital payments company looks to help businesses make ‘smarter decisions’ based on changing consumer and merchant behaviour. The launch comes as companies increasingly seek market intelligence that is more timely, detailed and … Read more
Fintech Razorpay has confidentially filed draft papers for an Initial Public Offering (IPO) likely sized at around $600 million, a source aware of the matter told Reuters on Monday (June 15, 2026). The confidential route allows IPO-bound firms to keep their filings private until the launch of the public issue. The Bengaluru-based firm, backed by … Read more
Apple Inc. is in discussions with key Indian banks and global card networks in preparation to start Apple Pay in the world’s most populous country. The iPhone maker is in talks with ICICI Bank Ltd., HDFC Bank Ltd. and Axis Bank Ltd., as it aims to introduce its payment service in India around the middle … Read more
At 9:01am this Monday, something quietly historic happened on the National Stock Exchange. For the first time, options-crazed traders didn’t dive straight into live futures prices at the opening bell – they had to watch a call auction screen instead.NSE’s new 15-minute pre-open session for equity derivatives went live on December 8, in what traders … Read more