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Detailed stories on technology startups, business and economic current affairs.
The BNPL startup faces employee concerns over the state of its ESOP scheme and new structure involving three entities across the US and India.

“Buy now pay later” has become the motto of some of the most prominent fintech startups around the world.
BNPL, as it’s commonly known, comes in different shapes and forms; in India, one of the early startups to pilot the concept was Bengaluru-based Simpl. The company offered a small credit line of sorts (around Rs 2,500), allowing users to make multiple purchases online and then pay it all in one go every 15 days; it also later added an option to make larger purchases and divide it over three equal payments, much like a standard EMI.
India’s BNPL sector is …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The most valuable Mideast fintech is expanding beyond buy-now, pay-later into financial services across Saudi Arabia and the UAE.