Mumbai-based digital payments processor BillDesk agrees to acquire the Indian business of Worldline for an equity value of ~$70M, set to close in H2 2026
Billdesk is set to acquire the India payments business of French payment giant Worldline for an estimated equity value of $70 million.
Sources: PayPal is attracting takeover interest after a stock slide over the past year wiped out almost half of its market value; PYPL closed up 5.76%
PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped …
Sources: PayPal is attracting takeover interest after a stock slide over the past year wiped out almost half of its value; PYPL closes up 5.76%
PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped …
Indian digital payments company Pine Labs plans to embed OpenAI APIs into its infrastructure to enable AI-assisted settlement, reconciliation, and invoicing
As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning …
Bengaluru-based digital payments startup Juspay raised $50M, in a mix of primary and secondary investments, from WestBridge Capital at a $1.2B valuation
Founded in 2012, Bengaluru-based Juspay powers payment systems for major global brands such as Amazon, Flipkart, Google, IndiGo, and Swiggy.
Walmart's PhonePe raised $600M from General Atlantic at a $14.5B valuation, as the Indian digital payments and financial services company prepares for an IPO
The Economic Times :
Canada's financial crime watchdog fines crypto exchange Cryptomus a record ~$126M for infractions including failing to flag suspicious transactions
Financial regulators in Canada this week levied $176 million in fines against Cryptomus, a digital payments platform that supports dozens of Russian cryptocurrency exchanges and websites hawking cyber...
Indian digital payments giant PhonePe confidentially files for an IPO in India, seeking to raise $1.5B, sources say at a valuation of $15B
PhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI. The digital payments platform reduced its net loss by 13.4% to Rs 1,727.4 crore …
Sources: Indian digital payments company Pine Labs aims to raise as much as $700M from an IPO in the second half of October, down from its $1B target earlier
Bloomberg :
NPCI, which runs India's digital payments network UPI, has started making its infrastructure available to banks to deliver short-term loans to small businesses
Infrastructure will let banks deliver short-term loans more easily but encouraging take-up could prove difficult.