Page 31 - Pine Labs News Today

NPCI said over the last few years, UPI has become one of the most inclusive modes of payment in India with over 250 million unique users and five crore merchants on the platform.

The deal between Walmart-backed PhonePe and Zest Money is off. The companys board and investors were made privy to the development over the last few days

In a townhall today, ZestMoney informed its employees that the deal has been called off

Earlier, UPI users were only able to make transactions through their bank accounts, overdraft accounts, and prepaid accounts

UPI as a payment option should be clearly and prominently visible 'over and above' any individual UPI app for the merchant payments especially for online transactions.

BharatPe, Cashfree Payments, Google Pay, Razorpay, Paytm, PayU, and Pine Labs can now facilitate merchant transactions post the RBI's move to enable credit card-UPI linkage.

Nimbbl has secured $3.5 Mn funding across its Seed and Pre-Series A funding rounds from Groww, Sequoia Capital India and GFC

Founded in October 2020 by former Citrus Pay and PayU executives Anurag Pandey and Amit Bansal, Nimbbl offers multiple payment checkout solutions to merchants

Founded in 2020, fintech startup Nimbbl provides a one-click checkout solution on multiple payment methods, including UPI apps, BNPL, netbanking, wallets, and EMI to merchants.

Fintech startup Nimbbl and creator-focused social platform Plutus have secured early-stage funding, the companies said.    Nimbbl raised $3.5 million (Rs 28.7 crore) in funding from Groww, Sequoia Capital India and Global Founders Capital (GFC).     The round also saw participation from Palo Alto-based angel collective Amara VC along with angel ......