RBI plans pilot testing, but analysts say uptake could be slow.

E-commerce unicorn, Standard Chartered start service for ‘underbanked’.

The funding comes at a time when the Reserve Bank of India, said it was working on its own digital currency.

Sequoia Capital, Y Combinator, Better Capital, and other VCs have placed big bets in a handful of financial services companies aimed at kids.

MobiKwik is eyeing a valuation of USD 1 billion at its public market listing.

The decade-old company has now diversified into a software-as-a-service company.

Pine Labs is reportedly looking at an IPO in the US within the next 18 months.

Google, Amazon, and Facebook’s messaging platform WhatsApp, have been making strides to position themselves among the top players in India’s fintech market.

Founded in 2019, Jupiter has raised a total of USD 26 million from investors including Sequoia Capital, Matrix Partners, Beenext, 3One4 Capital, and Hummingbird Ventures.

In May, Walmart-owned PhonePe signed the term sheet to acquire an over 90% stake in Indus OS, to boost its super app dream on the back of the latter’s content and app discovery platform.