Page 3 - Fintech Startup News Today

ENewsChannels NEWS: -- Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, closed a banner year of mortgage growth with 50 new IMB, credit union and bank customers. The payroll connectivity leader more than doubled the annual volume of income and employment verifications conducted on behalf of its customers to 1.5 million with the help of 15 of the top 100 mortgage lenders. :: News from eNewsChannels

Fintech major BharatPe’s net loss widened to Rs 941 crore during FY23, compared with Rs 834 crore in the previous fiscal. “We excluded the loss worth 4,782 crore in FY22 which it incurred due to change in fair value of compulsory convertible preference shares,” according to an Entrackr report, citing BharatPe’s annualised financial statement shared with shareholders. �� BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report.

After person-to-person and QR-code-based payments, PhonePe wants a slice of the online commerce market where its rivals are absent currently due to a regulatory embargo

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The partnership will make available Bajaj Finance fixed deposits on the fintech start-up’s platform that aims to process over Rs 100 crore worth of Bajaj Finance FDs in one year

Insiders say fintechs finding their credit lines for small ticket-size unsecured loans drying up.

The development comes as the brokerage firm is looking to double down on its ‘fintech superapp play, and introduce more services, such as insurance and lending, on its platform amid competition from rival broking firms Zerodha and Groww.

Established in 2021 by Pramod Kathuria, Easiloan is a digital home loan marketplace offering personalised, end-to-end home loan solutions through collaborations with over 20 banks across India.

Gandhinagar: The Indian Institute of Technology Gandhinagar (IITGN), has announced the Young Alumni Excellence Awards 2023, and this time, the Institute has honoured four of its alumni for achieving excellence and success in their careers in academia

The buyback will be applied to shares of 135 employees, of whom 62 will become millionaires, as per a statement.