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Neobanking startup Jupiter, backed by Tiger Global and Peak XV Partners, secures a prepaid payments instrument licence from the RBI to offer digital wallets for UPI payments, fund transfers, and bill payments.
Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasnt kept up. This and more in today's ETtech Morning Dispatch.
Sipay, a company that claims to be the fastest-growing Fintech in Turkey, is reporting a $15 million Series A funding round.
Magic Spends allows investment of a predetermined amount every time a user of the companys eponymous mobile app makes a transaction. The investment goes into digital gold and mutual funds.
Former BharatPe COO Dhruv Dhanraj Bahl launches venture capital fund, Eternal Capital. The fund plans to raise Rs 120 cr with a greenshoe option for a similar amount