Axis Bank, one of the largest private sector banks in India, today announced the launch of NFC Soundbox in collaboration with Mastercard. An industry-first proposition for the merchant community, the new soundbox will act as an all-in-one solution allowing the users to accept Bharat QR, UPI, Tap & Pay and Tap + Pin payments.
Y-Combinator-backed BNPL FinTech startup, BharatX has acquired Zenifi, a healthcare finance startup providing zero-cost and low-cost EMI solutions.
Neev II Fund, (managed by SBICAP Ventures Limited – a State Bank of India group company), a leading climate and sustainability focused SME fund announced its investment into Solinas Integrity Pvt Ltd (“Solinas”).