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UP, (otherwise known as Unified Payments) Nigeria's pioneer Payments & Financial Technology company and the Pan-African Payment & Settlement System (PAPSS) are excited to announce their partnership. Under this partnership, UP is appointed as: In demonstration of UP's cross-enterprise alliances and capabilities, UP will be the first entity in Nigeria to enable merchants to accept co-branded cards under the PAPSSCARD scheme as means of payment for goods and services at merchants' locations. This is in addition to enabling instant cross border transaction/fund transfers across Africa. UP will accept PAPSSCARD across its networks under the terms of the partnership agreement. Dr. Agada Apochi, Managing Director and CEO of UP Group, said that UP is delighted to contribute to the ease of doing business in Nigeria and across Africa through the partnership with PAPSS. This is a testament to the position of UP as a shared industry infrastructure and promoter of cross-enterprise alliances. Mike Ogbalu, Chief Executive Officer of the Pan-African Payment & Settlement System (PAPSS), expressed his enthusiasm regarding the recently established partnership with UP in Nigeria, an important market for Pan-African payments. He also praised the collaborative efforts and outstanding achievements of the UP team in delivering a successful Proof of Concept exclusively for the Afreximbank Annual Meetings 2025 (AAM2025) in Abuja, Nigeria. This initiative provided selected guests with the opportunity to experience the PAPSSCARD.
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
In an exclusive interview with FinTech Magazine at Money20/20, Matthew Van Buskirk, Co-founder and CEO of Hummingbird Regtech, discusses how the company is enabling data to be labelled at ease through the use of artificial intelligence. Hummingbird positions itself as an AI enablement company, addressing a critical challenge in the financial sector: the lack of well-labelled, clean training data. "From the day we launched, we saw that deploying effective machine learning or AI capabilities in this industry is incredibly difficult because we don't have clean training data. Instead, we have th ...Read More >
New Delhi, Jun 5 (PTI) Fintech firm BimaPay Finsure on Thursday said it has entered into corporate insurance financing and aims for Rs 20 crore in premiums in 2025-26. Launching the pilot phase with insurance partners, BimaPay said the initiative will allow businesses to pay premiums in easy equated monthly instalments (EMIs) instead of bearing the burden of full upfront costs. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The company aims to finance over Rs 20 crore worth of premiums by t ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high-performance vehicles as large contractors increasingly invest in owned assets and modernize their ag ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory landscape, and suggesting measures to boost the sector, which is essential for enhancing agricultural ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
What began as a simple idea to make digital payments easier for Indian businesses has now become a story of global recognition. Razorpay, the Indian fintech unicorn, has been featured in the 2025 list of the World's Top Fintech Companies by CNBC and Statista, a feat that places it in the league of global fintech innovators. It's a prestigious nod, considering the final list was curated after evaluating thousands of fintech companies across the world on over 40 performance indicators. These inclu ...Read More >
Fintech platform CRED is postponing its IPO, deeming itself "too young" and prioritizing building a robust financial ecosystem. CEO Kunal Shah aims to deepen relationships with affluent users and expand product offerings, fueled by a recent $75 million Series G fundraise. CRED launched new features including asset tracking, curated fixed deposits, and premium credit cards. Fintech platform CRED has ruled out an initial public offering (IPO) in the immediate future, with Founder and CEO Kunal Sha ...Read More >
BusinessWire India Monrovia [Liberia]/ Mumbai (Maharashtra) [India], September 16: Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted the 7th Edition of Merck Foundation First Ladies Initiative - MFFLI Summit 2025 recently. It was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and Senator, Dr. Rasha Kelej, CEO of Merck Foundation & President of Merck Foundation First Ladies Initiative and H.E. Mrs. KARTUMU YARTA BOAKAI, First Lady of the Republic of Liberia and Ambassador of Merck Foundation "More Than a Mother" alon ...Read More >
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Single-Day Act of Clemency. The funds will be directed toward expanding operations across India, with a ...Read More >
Bengaluru : Kinara Capital, a leading fintech driving MSME financial inclusion, today released its fourth edition of MSME Insights, signaling strong optimism and increased formalization in the MSME sector. MSME entrepreneurs are confident about their near-term business growth prospects. According to the latest MSME Insights, 81% of the surveyed MSMEs expect their business revenue to increase within the next 1-2 years. Of these, 34% anticipate a revenue growth of more than 15% in their businesses. Additionally, MSMEs are embracing formalization, with 51.7% of the surveyed reporting that they ar ...Read More >
Mumbai: In a move set to significantly enhance India's gem and jewellery export infrastructure, the Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, inaugurated the Jewellery Hand Carriage Facilitation Centre at Terminal 2 of Chhatrapati Shivaji Maharaj International Airport on Wednesday.Recognising the strategic importance of enabling seamless hand carriage, GJEPC secured and equipped a dedicated space at the airport. With the premises now officially notified as a customs area and Bharat Diamond Bourse appointed as custodian, the centre is fully operatio ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan Anand, his wife and their armed guards breached hospital security, physically assaulted staff, and thr ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On Monday, ALT5 Sigma, a fintech company specializing in blockchain infrastructure, unveiled plans to establish a crypto treasury focusing on the World Liberty Financial (WLFI) project -- a venture backed by the Trump family. The announcement, however, was met with a swift and negative reaction from investors, resulting in a significant drop in the company's stock price. ALT5 Sigma, which trades on Nasdaq under the ticker name "ATLS", aims to raise $1.5 billion to become the f ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
New Delhi: Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. "We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process," PayNearby founder, MD and CEO Anand Kumar Bajaj told PTI. Once the merchant banker is finalised, PayNearby will file its Draft Red Herring Prospectus (DRHP) with the capital market regulator Sebi, he added. The company reported a gross revenue of about Rs 300 crore and earned a profit of 12 crore in FY25. The co ...Read More >
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts and judges from Taiwan that their entries can and will help change the way we live and establish a ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
New Delhi [india], September 16 (ANI): Bharti Airtel on Tuesday announced that its anti-fraud initiatives have resulted in a significant decline in cybercrime complaints, and that this has been further endorsed by recent information from the Indian Cyber Crime Coordination Centre (I4C) o the Ministry of Home Affairs (MHA). According to the MHA-I4C, there has been a staggering 68.7 per cent decrease in the value of financial losses and a 14.3 per cent drop in overall cybercrime incidents on the Airtel network, thereby validating the efficacy of Airtel's fraud detection solution in curbing cybe ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on strengthening Navanc's presence in urban and semi-urban areas. Additionally, the startup will bolster ...Read More >
New Delhi, Aug 12 (PTI) Sterlite Electric Ltd on Tuesday said it has secured orders worth Rs 1,500 crore in the April-June quarter of this financial year, mainly driven by green energy projects and exports. This strong start to the fiscal year reflects sustained demand for the company's advanced conductors, power cables, and Optical Ground Wire (OPGW) products across both domestic and international markets, a company statement said. According to the statement, Sterlite Electric Ltd (formerly known as Sterlite Power Transmission Ltd), global leader in the cable conductor industry, has secured ...Read More >
CNH is preparing to add a fourth manufacturing facility in India, a move that underlines the company's intent to scale up production capacity and achieve a double digit tractor market share in the medium term. The new unit, which will become CNH's second tractor plant in the country, is under evaluation with land acquisition talks in progress. The site will be larger than the company's existing Greater Noida factory and designed to scale in phases. Gerrit Marx, Chief Executive Officer, confirmed ...Read More >
"A total of 24 Indian professionals will get a chance to compete with all these top players. USD 4 million is the prize money and if you look at that, the winner will get something like about USD 600,000 to USD 700,000," said the PGTI CEO Amandeep Johl. "We expect (five-time major champion and former world No.1) Rory McIlroy. He has already confirmed and so has (seven-time winner on the European your) Tommy Fleetwood," said Johl. He said the Delhi golf course would be closed earlier than schedu ...Read More >
Bengaluru, Sep 15 (PTI) Fintech platform CRED has ruled out an initial public offering (IPO) in the immediate future, with Founder and CEO Kunal Shah stating the company is "too young" for public markets and is instead prioritising robust institutional building and expanding its range of offerings for India's affluent, creditworthy consumers. Acknowledging the inevitability of going public "at the right time", Shah underlined that the firm's immediate focus is on nurturing a trusted financial ecosystem. "Should a company think about IPO in the right time? The answer is absolutely yes. But at ...Read More >
DP World has announced an extension of its Carbon Inset Programme after successfully registering more than 150,000 import containers since its inception in January. The programme, which commenced on 1 January 2025, is claimed to be the first initiative of its kind globally, providing cargo owners with 50kg CO2e of carbon credits for each loaded import container processed through DP World's UK terminals. This initiative aims to assist companies in addressing Scope 3 emissions within their supply ...Read More >
New Delhi, Jun 27 (PTI) Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. In a statement, Fairfax said former G20 Sherpa Kant's extensive expertise in economic development, innovation, and sustainable growth is expected to significantly benefit the company's long-term investment approach in India. As India is pursuing an ambitious roadmap toward becoming a developed economy by 2047, Fairfax expects many opportunities for it and its affiliates, including Fairfax India Holdings Co ...Read More >
New Delhi, 2 July 2025: Over the past couple of years, GCCs have been the primary growth driver of India's office market This growth has been fueled by cost optimization strategies, a skilled talent pool, rapid infrastructure development, favourable government policies, ease of doing business, and a supportive business environment. As per Vestian's latest report, GCCs accounted for 42% of the pan-India absorption in FY 2025, registering a marginal increase from 41% a year earlier. In terms of value, GCC absorption increased by 24% during the same period stated above, reaching 31.8 Mn sq ft. ...Read More >
Mumbai, Maharashtra, India - Business Wire India * Credit Conference 2025 designed to drive growth, financial inclusion, and ease of doing business in India * Leaders from banking, FinTech, and policy convened to discuss data-driven credit inclusion and the path to a credit-ready India * Expanding creditworthiness to support India's financial goals under the Bharat@2047 vision was a key theme As India's credit growth reaches new segments and geographies, the focus is shifting towards enabling access to financial services supported by data-driven insights, transparency, and informed risk manage ...Read More >