Tag: Fintech

India's fintech unicorn Yubi
India’s fintech unicorn Yubi forays into middle east and north africa through Spocto

In February 2022, Yubi acquired a 75.1 percent stake in Spocto Solutions which already has a presence in the Middle East.

  • Wednesday, 12 October 2022
Enforcement Directorate
ED takes action against Chinese fintech companies involved in money laundering

In the latest action against fintech companies controlled by Chinese, who had been providing short term loans and were allegedly involved in money laundering, the Enforcement Directorate (ED) on Wednesday said that it has attached assets worth Rs 6.17 crore lying in various accounts, merchant IDs belonging to the accused companies and persons.

  • Wednesday, 27 April 2022
PM Modi
Need To Convert Fintech Initiatives Into Fintech Revolution: PM Modi

Fully digital banks without any physical branch offices are already a reality and may become commonplace in less than a decade, he said.

  • Friday, 03 December 2021