Digital Payments
PayU India FY24 Revenue: Growth Slows to 11% Due Restrictions
The PayU India FY24 Revenue slowdown with 11% as comparison to previous fiscal year. Let’s understand about the full news. PayU India has reported a revenue of $444 million for the fiscal year 2024, marking a growth rate of 11%. It’s notably lower than the 31% growth recorded in the previous fiscal year. This deceleration […]
Goldman Sachs and Marshall Wace Sell Paytm Shares INR 208 Cr
In a significant financial maneuver, Recently Goldman Sachs, Marshall Wace sell substantial shares of Paytm, totaling INR 208 crore. This strategic move has captured the attention of investors and analysts, marking a notable shift in Paytm’s shareholder structure. Goldman Sachs’ Transaction Details Goldman Sachs (Singapore) recently recorded a notable transaction with selling of Paytm shares […]
Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr
Recently Paytm is in a discussion with Zomato for a reason that Paytm to Sell Movie Ticketing Biz to Zomato for INR 1,500 Cr. This potential deal marks a significant strategic move for both companies, as they look to realign their core business focuses and expand their market reach. The Core of the Deal The […]
SabPaisa Receives RBI Approval for Payment Aggregator License
In an impressive milestone, SabPaisa Receives RBI Approval to function as a payment aggregator. This achievement marks a significant step forward for the bootstrapped startup, which has been striving to provide an exceptional payment experience since its inception. Founded in 2016, SabPaisa has emerged as a robust player in the payment gateway industry. The company’s […]
Paytm Stock Grow 6% After Samsung Partnership Announcement
Nowadays their is a news in trend about the partnership of Paytm and Samsung and due to this news Paytm Stock Grow 6%. In an exciting development, Paytm, a leading digital payments company in India, saw a significant surge in its stock price. This remarkable gain comes in the wake of a strategic partnership with […]
Jupiter Secures RBI Approval for Prepaid Payments Instrument
Jupiter Secures RBI Approval for enabling digital wallets for UPI payments, fund transfers, and bill payments, with plans to introduce a prepaid account facility. Jupiter, a neobank backed by Tiger Global, has received the Reserve Bank of India’s (RBI) approval for a Prepaid Payments Instrument (PPI) licence. This milestone paves the way for Jupiter to […]