Wednesday, May 29, 2019

PIL against Paytm postpaid wallet; Delhi HC seeks info from RBI

The petitioner alleged that Paytm's Postpaid product, offered to its wallet users, contravened central bank norms for payment banks, which state that they cannot extend loans or credit facilities to consumers. http://bit.ly/2Qv5SB4 https://ift.tt/eA8V8J

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New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners (FinSMEs)

FinSMEs : New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Spr...