Fintech

Jio Finance Beta App Launched: All You Need To Know

Jio Finance Beta App Launched: All You Need To Know

Jio Financial Services launched a beta version of the Jio Finance app on Wednesday, 29 May 2024. With this app, Jio plans to offer UPI, digital banking, and loans on mutual funds. The app’s key features are instant digital account opening and streamlined bank management with the Jio payments bank account. This app also provides…

Paytm’s COO And President Resigns: What Next?

Paytm’s COO And President Resigns: What Next?

Bhavesh Gupta, Paytm’s COO and President, resigned along with the key leaders of different business verticals. With a wave of resignations at the top, Vijay Shekhar Sharma, the CEO and founder, has stepped into the forefront. It is anticipated that he will collaborate with the incoming leadership as the current heads of various verticals make…

Nalin Negi Becomes The New CEO Of Fintech BharatPe

Nalin Negi Becomes The New CEO Of Fintech BharatPe

One of India’s biggest fintech companies, BharatPe, has finally appointed its new CEO after a stint of around 15 months. The CFO and the interim CEO of the company, Nalin Negi, has finally been appointed as the CEO of the company.  Nalin Negi has proved to be an asset to the company. In his short…

First ‘Startup Mahakumbh’: All The Highlights Of The Event

First ‘Startup Mahakumbh’: All The Highlights Of The Event

The Indian economy is the fastest-growing in the world, and startups have played a huge role in its growth. As many as 100,000 startups were started in 2023 alone. For this reason, the government of India introduced a three-day event in Delhi called the ‘Startup Mahakumbh’. The event’s sole purpose was to bolster the Indian…

Flipkart Valuation Drops By $5 Billion In Past 2 Years

Flipkart Valuation Drops By $5 Billion In Past 2 Years

According to the equity transactions of its parent company, Walmart, one of India’s biggest e-commerce platforms, Flipkart, has lost around $5 billion in the last 2 years. The company’s valuation fell from $40 billion in 2022 to $35 billion in 2024.  Experts say the decline can be attributed to the demerger of fintech PhonePe, which…

Will Paytm Be Able To Survive The Recent Crisis?

Will Paytm Be Able To Survive The Recent Crisis?

Paytm has been going through a tough time after RBI instructed Fintech to seize its Paytm payment bank services indefinitely. Paytm’s market value has dropped a whopping $2.5 billion in the last few days. Now, there are talks that the Central Bank of India might cancel the licence of Paytm Payment Bank after the March…

The New CEO Of Kotak Mahindra Bank To Replace Uday Kotak

The New CEO Of Kotak Mahindra Bank To Replace Uday Kotak

The Succession of Kotak Mahindra Bank has been a hot topic for a long time now, but now it has been put to rest. The Reserve Bank Of India has appointed Ashok Vaswani as the new CEO of Kotak Mahindra Bank, replacing the billionaire founder Uday Kotak. Vaswani, the former Chief Digital Officer at Barclays…

The Glimpse Of Global Fintech Fest 2023- Day 1

The Glimpse Of Global Fintech Fest 2023- Day 1

The Global Fintech Fest 2023 was started yesterday in Mumbai and aims to act as a platform for the funding of $15-$20 million for the top fintech ventures. In this global fintech fest, more than 800 speakers and more than 50,000 delegates participated. On Tuesday, Union Finance Minister, Nirmala Sitharaman spoke at the Global Fintech…

The Evolving Role of Wealth Management in the Digital Future 

The Evolving Role of Wealth Management in the Digital Future 

As per the survey conducted by Wealth and Asset Management, 80% of modern investors prefer using mobile applications to monitor their investments and connect with advisors. And more than 40% of investors now demand digital access to their accounts. Modern-day technology fosters new capabilities via mobile interaction and plays a vital role in reshaping the…

BharatPe Appointed CRO, CBO and Consumer Lending Head

BharatPe Appointed CRO, CBO and Consumer Lending Head

Leading fintech firm, BharatPe, recently announced three significant appointments for mentorship, company growth, and success. On Monday, the company appointed Kohinoor Biswas as the head of Consumer Leading Business.  Biswas will take care of the entire PostPe operations, launched in 2021 with ‘Buy Now Pay Later’ (BNPL). He will report to Nalin Negi, the CFO…

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