The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional commercial banking relationship, according to news by Reuters. The proposed rules would, in part, find precedent...
March 19, 2023
India’s FinTech platform PhonePe has raised another $200 million, this time with the help of Walmart. The funding, announced Friday (March 17), comes one month after the company announced it had raised $100 million in a round that valued it at $12 billion. This new funding keeps PhonePe’s valuation at that level and is part […]
August 31, 2017
The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might be seen in a traditional...
