In the time when India's leading fintech player was looking out to survive due to constant friction with RBI, it wasn't a moment of cheer across the fintech sector. At the time of writing this piece, there were news all over about the free fall witnessed by Indian fintech players amidst the news of financial frauds and irregularities observed by the RBI.
When the opportunity is big, many come forward to enjoy their moment under the sun, however, not many are laid with the best of intentions towards consumer interest. When we have a regulatory environment where the Finance Minister suggests monthly meetings between fintech companies, startups, and regulators to address concerns and issues, it becomes the need of the hour to discuss what the future of fintech be. To understand more on how fintech companies can nurture innovation while ensuring regulatory compliance, we spoke to some leading fintec players to understand how these service providers are enabling compliant scale in fintech.
The Digital Payment Provider
ANIRBAN MUKHERJEE CEO, PAYU
PayU is India's leading online payment solutions provider, aiming to create a full-stack digital financial services platform to serve all (tapped and untapped) financial needs of customers (merchants, banks, and consumers) through technology. It provides payment gateway solutions to online businesses through its cutting-edge and award-winning technology.
So far it has empowered 5 lakhs+ businesses, including leading enterprises, e-commerce giants and SMBs. Its payments business is one of the largest, fastest growing and profitable businesses in India among non-banking players.
هذه القصة مأخوذة من طبعة April 2024 من Entrepreneur magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 2024 من Entrepreneur magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Why Small Businesses Can't Afford To Grow
Big companies take a long time to pay their suppliers. Sometimes, so long that the supplier goes out of business. Two entrepreneurs wanted to find out why this system is so broken-and wound up creating a solution.
Will India achieve 40GW Rooftop Solar Capacity by 2026?
ACCELERATING THE ADOPTION OF ROOFTOP SOLAR INSTALLATIONS IS CRUCIAL FOR ACHIEVING INDIA’S RENEWABLE ENERGY TARGETS BUT DESPITE VARIOUS SUBSIDIES AND MEASURES BY GOVERNMENT, THE COUNTRY MISSED ITS 2022 TARGET.
FUELLING INDIA'S SILICON VALLEY ASPIRATIONS
It took 40-plus years for the US and over 25 years for Taiwan to establish their Silicon Valley.
LOOMING CRISIS: WHAT INDIAN AVIATION INDUSTRY NEEDS TO DO DIFFERENTLY
CURRENTLY, CANCELED FLIGHTS, DISSATISFIED FREQUENT FLYERS AND REPRIMANDS FROM THE REGULATORS HAVE BECOME THE NORM FOR INDIAN AIRLINES SUCH AS VISTARA, AIR INDIA, INDIGO. TO NAVIGATE THESE CHALLENGES, WHAT DOES THE SECTOR NEED TO DO BETTER?
'UP' FOR A DRINK THIS SUMMER?
LAST YEAR THE DEMAND WAS DISRUPTED DUE TO PREPONED MONSOONS. THIS YEAR'S FORECAST IS FOR A BLAZING SUMMER. FMCG COMPANIES SUCH AS DABUR, PARLE AGRO, CAVIN KARE, GODREJ JERSEY & HAMDARD LABORATORIES GEAR UP TO MEET DEMANDS AND HOPE TO MAINTAIN THEIR PRICING AMIDST A WAITAND WATCH APPROACH
THIRSTY CITIES | HOW COLLABORATIVE EFFORTS CONTRIBUTE TO WATER CONSERVATION
WATER STORAGE IN THE MAJOR RESERVOIRS AND RIVER BASINS IN THE COUNTRY HAS DROPPED LESS THAN THE AVERAGE STORAGE RECORDED IN A DECADE FOR THE CORRESPONDING PERIOD.
ACHARYA PRASHANT THE PRACTICAL TEACHER
Prashant Tripathi, now known as Acharya Prashant, has shot up as a unique wisdom teacher.
SYNTHETIC SPARKLES
How startups are banking on the customer base shifting to more affordable and sustainable diamond options
Corporate Journeys Reimagined 2024 and Beyond
A SIGNIFICANT NUMBER OF EUROPEAN AND US COMPANIES PLAN TO DECREASE TRAVEL PER EMPLOYEE BY OVER 20% TO ACHIEVE THEIR 2030 SUSTAINABILITY GOALS.
India Inc. Charges Towards Sustainable Change With EV Push
INDIA'S EV SECTOR IS POISED TO SKYROCKET TO AN ESTIMATE OF $113.99 BILLION BY 2029.