Insurance Technology: Aon and Paypal, Applied Systems, and iink Address Digital Payments May 3, 2022 Aon and Paypal Expand Access to Insurance for Small Businesses Insurance broker Aon and digital payment service PayPal Holdings announced...
India’s Paytm Tumbles in Market Debut, as Investors Question Lack of Profits November 18, 2021 By Nupur Anand and Sankalp Phartiyal MUMBAI – Indian digital payments firm Paytm tumbled 25% on its maiden day of trade on Thursday, with investors questioning...
SoftBank-Backed Fintech Raises $761M in India IPO. Now Comes the Hard Part. November 16, 2021 By Saritha Rai Yashish Dahiya’s PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO....
Paytm’s IPO Oversubscribed but Doesn’t See Blow-out Demand From Investors November 15, 2021 By Vishwadha Chander, Chris Thomas and Sankalp Phartiyal BENGALURU – Paytm’s $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed at the close of bidding on Wednesday,...
Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution November 2, 2021 By Saritha Rai, Suvashree Ghosh and Baiju Kalesh China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching...
Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source October 22, 2021 By Sankalp Phartiyal NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock...
Update: India’s Digital Payments Startup Paytm Seeks to Raise $2.23 Billion in IPO July 16, 2021 By Vishwadha Chander and Chris Thomas BENGALURU – Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is seeking regulatory approval...
Check’s in the Mail? Insureds Seek Claims Payments Options July 9, 2021 Insurance companies focused on the customer experience may want to reconsider how they are delivering claims payments. Data from a...
Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank July 2, 2021 By Suvashree Ghosh India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems...
Philippine Payments Operator Mynt, Backed by Ant Financial, Plans to Offer Insurance April 1, 2019 By Lulu Yilun Chen Mynt, the Philippine payments operator backed by billionaire Jack Ma’s Ant Financial, plans to roll out insurance products en route...