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The Reserve Bank of India releases guidelines on tokenised payments

The Reserve Bank of India has released the guidelines for the tokenisation of debit, credit and prepaid card transactions.

Indian government reviews Foreign Direct Investment in e-commerce

The Indian government has released a review of policy on the Foreign Direct Investment (FDI) in e-commerce.

NEXT Biometrics partners with Digitsecure India for new biometric products

NEXT Biometrics is collaborating with Digitsecure India to create biometric-enabled products.

Kotak releases open banking platform to boost collaboration with FinTechs

India-based Kotak Mahindra Bank has released an open banking platform to support collaboration among FinTechs, enterprises and app developers.

Sequoia India collects $920m for Fund VI

Sequoia India has fallen well short of the $920m it gathered for its fifth fund after holding a $695m final close for its successor.

Onfido completes partnership with India-based car rental platform Zoomcar

RegTech 100 company Onfido has formed a partnership with India-based car rental platform Zoomcar.

Lightspeed raises India-focused fund, hot on the heels of a $1.8bn...

Lightspeed Venture Partners has raised its second India-focused fund, days after the firm closed a pair of funds with a combined capital pool of $1.8bn.

Wibmo bolsters anti-fraud offering for Indian banks

Wibmo has expanded its anti-fraud solution to help bank customers safeguard their electronic payments services.

Deutsche Bank acquires Quantiguous Solutions to support Open Banking development

Deutsche Bank has acquired India-based Quantiguous Solutions, an API solution developer for financial institutions.

Fyle collects $1.1m for expense management platform

Bangalore-based expense management startup Fyle has reportedly landed $1.1m in its latest funding round.
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