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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Acquiring the buy now pay later fintech startup would enable the Walmart-owned firm to offer lending services, a business that Paytm is keen on growing.
PhonePe’s imminent purchase of ZestMoney is a big step towards the Walmart-owned firm's ambitions to be a financial super app. A deal hasn’t yet been finalized but media reports from last week suggest that there is an agreement in place between the companies and the acquisition is likely to be made official in the next 2-3 weeks.
Successful big-ticket consolidations within India’s fintech sector are rare. The complexities of the businesses, disagreements over valuations between private investors and a wide array of compliances involved mean that high-profile deals in fintech fail more often than not. The collapse of the PayU-BillDesk …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
