Private lender Federal Bank plans to partner with fintech companies to grow its business. In an interview, chief executive Shyam Srinivasan, who got a three-year extension of his term in July, said he does not plan to grow the recently launched credit card business in a hurry but target about 250,000 issuances a year. It gives you access to a …
Mumbai: Banks and non-bank financiers are partnering with fintech companies to offer new-age digital products to their customers in areas they would otherwise have to invest significantly more if developed in-house. Moreover, some of these fintechs work on artificial intelligence and machine learning to underwrite credit risk and therefore offer a fruitful addition to legacy models used by banks,” said …
Pranjal Patel, a 10th standard student in Khandwa, Madhya Pradesh, is like any other 15-year-old: he loves online games and hanging out with friends. In India, at least six startups operate in the kids’ fintech space, including FamPay, Junio, Pencilton, YPay, Visa-networked Walrus, a Y Combinator-backed company, and Yodaa, a product of Singapore-based Atlantis. In March, Delhi-based Junio raised ₹15 …
