Walmart-owned Flipkart has secured a lending licence from the Reserve Bank of India, according to certificates accessed by Reuters. This makes it the first-ever e-commerce company to obtain a ...
CredFlow has received RBI approval for a Non-Deposit Taking NBFC (ICC type 2) through its group entity Cashpositive Finance Pvt. Ltd., operating as CashFloat. The licence, secured in just four months, ...
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Flipkart secures NBFC license from RBI—becomes first Indian e-comm player to offer direct lending
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources. When ...
Currently, the firm has a user base of around 186 million and 4.79 million merchants across products by April 2026 mainly in tier two and three India.
Bengaluru-based neobank Fi, which counts Peak XV and Temasek among its backers, has become the latest fintech startup to secure a non-banking financial company (NBFC) licence from the Reserve Bank of ...
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Airtel’s NBFC foray gets thumbs up from Morgan Stanley; 'Overweight' call retained - Check target price
Morgan Stanley remains optimistic on Bharti Airtel’s financial services expansion after the telecom major secured an NBFC licence for Airtel Money from the RBI on February 13. Retaining its Overweight ...
Venture capital and growth investing firm Peak XV Partners has fully exited One MobiKwik Systems Ltd through an over ₹130-crore block deal, selling its remaining stake shortly after the fintech ...
Kuhoo Finance, India's leading student loan fintech platform, today announced that it has received approval for a Non-Banking Financial Company (NBFC) license from the Reserve Bank of India (RBI).
Indiagold, a gold loan originating business correspondent (BC) company, is looking to apply for a non-banking finance company (NBFC) license in FY25, co-founder Deepak Abbot told businessline in an ...
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