ETBFSI’s Post

NITI AAYOG's Women Entrepreneurship Platform and TransUnion CIBIL Limited launch SEHER to empower women entrepreneurs financially As of March 2024, women constituted 38% of the 1.5 crore borrowers with active business loans. In such a context, SEHER will work towards financial awareness, business development skills, and improving credit access of women entrepreneurs. #NITIAayog #WEP #TransUnionCIBIL #WomenEntrepreneurs #SEHER #FinancialAwareness https://lnkd.in/gtKXKdwT

How RBI's BBPS mandate would impact fintechs and banks The mandate could disrupt the operations of fintech companies like PhonePe and Cred, which facilitate credit card payments through their platforms, while banks fear substantial investments and loss of control over extensive customer data ecosystems. #RBI #BBPS #PhonePe #Cred #FinTechs #Banks https://lnkd.in/gKDk2NUR

India ranks 3rd globally for fintech funding despite a slump in H1 FY24: Report A report by Tracxn revealed that India's fintech funding slumped in the first half of 2024, however fintech funding in India ranks third globally. The FinTech sector received funding of USD 795 million in 2024, a decline of 11 per cent and 59 per cent compared to previous years. Story by Anushka Sengupta #FinTechFunding #FinTechs #Tracxn https://lnkd.in/gHudmmfX

#LinkedInNewsletter - #ETBFSIDigest by Amol Dethe Happy reading! #ETBFSI #ETBFSINewsletter #FinTechs #RBI

Swiggy follows Zomato with new In-App UPI payments Integration via YES BANK Swiggy, the popular online food and grocery delivery platform, has joined the trend of integrating Unified Payments Interface (UPI) services directly within its app. Following the footsteps of its competitor Zomato, Swiggy aims to enhance the checkout experience for its users by partnering with YES Bank and Juspay. #Swiggy #Zomato #UPI #DigitalPayments #YesBank #Juspay https://lnkd.in/gfEDqtC7

FinTech Funding : Global FinTechs raised about $2 bln in June 2024 While there has been a funding winter in startups over the past year, funding has seen an uprise in early stage deal funding and decline in late stage deals funding. FinTechs across the globe raised about USD 2.05 billion in June 2024, while the top 20 deals summed up to about USD 1.57 billion. Story by Anushka Sengupta #FinTechFunding #GlobalFinTechs #FundingWinter https://lnkd.in/gSiTJe2R

Bajaj Finance AUM jumps 31% as aggressive customer acquisition pays The customer base of the company expanded to 88.11 million, up from 72.98 million as of June 30, 2023, representing an increase of 4.47 million customers in Q4 FY24. #BajajFinance #AUM #FY24 #CustomerAcquisition https://lnkd.in/gyGjdsHE

Expert committee submits report on net-zero transition finance to IFSCA Official The committee's recommendations aim to establish GIFT IFSC as a global hub for climate finance, supporting India's transition to a net-zero economy by 2070 and contributing to global sustainability efforts. #GIFT #IFSC #Sustainability #NetZeroFinance #Economy https://lnkd.in/gGBZ8ZRa

Dassault Systèmes with its unique approach derived from its extensive experience in highly regulated Industries like Aerospace and Defense offer significant benefits to the financial services sector by implementing best practices from these industries. Their cutting-edge 3DEXPERIENCE® platform and virtual twin technology tackle key challenges and offer sustainable transformation for the BFSI sector through various means. Dassault Systèmes empower banks and insurers to model their operational infrastructure that effectively tackles the complexities of managing operational and regulatory risks. Discover how Dassault Systèmes financial services solutions can fuel your bank's stability, growth, and competitive edge. Watch now on ET BFSI. Watch now: https://lnkd.in/dpxTxF98 Deepak N G | Taherah Kuhl | Shree Harsha | Rashmi Sarda #ETBFSI #financialservices #DigitalTransformation #virtualtwin #OpRes #operationalresilience #dassaultsystemes

Over 300 family offices in India, increased focus on startups & fintech: Report A recent report by PwC India highlighted that while family offices are on the rise, with over 300 family offices in India, their major attraction has been in fintechs and startups, with a total funding of USD 853.6 million in CY23 raised in fintech. Story by Anushka Sengupta #FamilyOffice #Startup #FinTech #PWC #FinTechs #Startup https://lnkd.in/g7kRxc27