APAC

Zomato Buying Grocery Delivery Startup Blinkit for $568M
Zomato Buying Grocery Delivery Startup Blinkit for $568M
June 24, 2022  |  Acquisitions

Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of...

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FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
FinTechs Ask Indian Central Bank For More Time to Adopt Payments Rule
June 24, 2022  |  Regulation

Representatives from the FinTech industry are asking India’s central bank for more time to adhere to its new prepaid payment instruments (PPI) rule. The Reserve...

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After Postponed IPO, India’s Mobikwik Seeks $100M in Funding
After Postponed IPO, India’s Mobikwik Seeks $100M in Funding
June 08, 2022  |  Investments

Indian digital wallet and payments startup Mobikwik is in talks to raise up to $100 million in equity to help it expand following the postponement...

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RuPay Card Granted First UPI Connection by India’s Central Bank
RuPay Card Granted First UPI Connection by India’s Central Bank
June 08, 2022  |  International

The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface...

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NFT Weekly: Game Raises $72M Channeling Metaverse Land Rush; Hong Kong Issues Warning
NFT Weekly: Game Raises $72M Channeling Metaverse Land Rush; Hong Kong Issues Warning
June 07, 2022  |  NFTs

For a massively multiplayer, NFT-based game that’s not a metaverse, Illuvium sure did sell a lot of “land” plots. The Ethereum-based play-to-earn game sold $72...

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Payment Gateway Citcon to Expand in Asia-Pacific Region
Payment Gateway Citcon to Expand in Asia-Pacific Region
June 06, 2022  |  Digital Payments

Payment gateway Citcon is expanding throughout the Asia-Pacific region, which accounts for almost three-quarters of total global retail growth and two-thirds of online growth, according...

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Cashfree Teams with EasyTransfer to Facilitate Indian University Payments Abroad
Cashfree Teams with EasyTransfer to Facilitate Indian University Payments Abroad
June 06, 2022  |  Partnerships

Payments and API banking solutions company Cashfree is teaming up with education payment services platform EasyTransfer to offer university students in India an easier, less...

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New Japanese Law Could Have Big Influence on Stablecoin Regulations Worldwide
New Japanese Law Could Have Big Influence on Stablecoin Regulations Worldwide
June 03, 2022  |  Cryptocurrency

Stablecoins had been high on the list of U.S. and international regulators, central bankers and elected officials focused on crypto regulation before one of the...

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Tech Data Debuts Indian B2B eCommerce Platform
Tech Data Debuts Indian B2B eCommerce Platform
June 02, 2022  |  B2B Payments

Tech Data India has launched Peer Connexions, a B2B eCommerce platform designed to reflect the industry’s move toward digital commerce. “Peer Connexions empower resellers with...

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