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Faircent takes $1.5m for Indian peer-to-peer loans

Peer-to-peer lending firm Faircent says it’s attracted more than 6,000 registered lenders and 26,000 borrowers.

Fusion Microfinance scores $24m for small loans

Fusion Microfinance, an Indian startup focusing on providing loans to women in underserved areas, has raised $24m in a Series D round.

Union Bank of India launches credit card management app

Union Bank of India is launching a mobile app designed to let customers control their credit card usage.

CloudPay partners with Ramco for multinational payrolls

CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.

PayU set to acquire Citrus Pay for $180m

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.
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