How India’s UPI success is inspiring the next generation of homegrown fintech startups – The News Mill
How India’s UPI success is inspiring the next generation of homegrown fintech startups The News Mill Source link
Tag: UPI
Indian Startup News on Instagram: “PhonePe co-founder and CEO Sameer Nigam defended the new MDR framework for select UPI merchant transactions above Rs 2,000 in an interview with India Today’s Rajdeep Sardesai. Asked about criticism from former BharatPe co-founder Ashneer Grover. “I won’t comment simply because I don’t, I don’t take him seriously”, Nigam said. Nigam argued that the payments industry should not depend on taxpayer-funded government subsidies, saying banks and fintech companies spend around Rs 10,000-12,000 crore annually at current UPI volumes. He said government subsidies of around Rs 2,000 crore have not been enough to cover industry costs, adding that payment companies need a sustainable revenue model rather than continued dependence on subsidies. #phonepe #bharatpe #ashneergrover #UPI #payments #digital #indianstartupnews”
PhonePe co-founder and CEO Sameer Nigam defended the new MDR framework for select UPI merchant transactions above Rs 2,000 in…
Centre Rejects External Pressure Claims Over UPI MDR Rollout
SUMMARY The Centre has rejected allegations that MDR was introduced on select UPI transactions under external pressure following concerns raised…
GFF 2026 Day 2: AI, UPI, Tokenisation and a New Wave of Startup Bets Take Centre Stage – Indian Startup Times
The second day of Global Fintech Fest 2026 brought a sharper view of where India’s digital economy could be headed…
AI-led personalisation to open opportunities for new startups: Razorpay CEO
The use of artificial intelligence (AI) will lower the cost of personalisation within the financial technology sector, opening up new…
PM Modi Calls For UPI Linkages With More Global Payment Systems – BW Disrupt
PM Modi Calls For UPI Linkages With More Global Payment Systems BW Disrupt Source link
Sachin Bansal-led Navi raises $100 mn from Prosus in maiden funding round
2 min read Last Updated : Aug 19 2026 | 10:31 PM IST In its maiden institutional capital raise,…
Fintech startup Navi said to hire banks for $315 million IPO
Fintech startup Navi Ltd. is preparing to formally kick off the process for an initial public offering in India, seeking…
Fintech startup Navi said to hire banks for $315 million IPO
Fintech startup Navi Ltd. is preparing to formally kick off the process for an initial public offering in India, seeking…
What Meta’s $900M investment in CRED means for Indian fintech ecosystem
Ever since WhatsApp parent firm Meta announced that it is investing around $900 million (nearly ₹8,550 crore) in the Bengaluru-headquartered…
jUMPP Expands Digital Finance Offering with NPCI Approval to Launch UPI Services – Indian Startup Times
AI-powered fintech platform jUMPP has received approval from the National Payments Corporation of India (NPCI) to operate as a Third…
Fintech platform jUMPP gets NPCI approval, launches UPI services
AI-powered fintech platform jUMPP has received approval from the National Payments Corporation of India (NPCI) as a Third Party Application…
Phonepe leads upi transactions in may with 10 73 billion processed, ETStartup
PhonePe, backed by Walmart, solidified its position as the dominant player in the Unified Payments Interface (UPI) ecosystem in May,…
MedElaj Secures Angel Funding- 5 Big Plans to Expand AI Healthcare Kiosks Across India
Healthtech startup MedElaj has secured fresh angel funding to strengthen its AI-powered healthcare platform and expand its smart diagnostic kiosks…
Building fintech startups beyond UPI: Where the next wave of innovation will come from – YourStory.com
Building fintech startups beyond UPI: Where the next wave of innovation will come from YourStory.com Source link
Kiwi Appoints Sumeet Basrani as Chief Business Officer to Drive UPI Credit Expansion – Indian Startup Times
Fintech startup Kiwi has appointed Sumeet Basrani as its Chief Business Officer (CBO), as the company looks to strengthen its…
How NBBL’s New Technology Stack Is Transforming the Future of Payments | TechGraph
– Advertisement – India’s digital payments ecosystem has reached a scale that very few countries in the world have achieved.…
Will financial wellness be the next frontier for Indian fintech after UPI?
airpay money. File | Photo credits: www.airpay.money With financial instrument distributors staying away from servicing a ₹500 monthly Systematic Investment…