(Reuters) -Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, a ...
Flipkart's new lending license in India allows Walmart's majority-owned e-commerce platform to make loans to its customers and to marketplace sellers. Flipkart will provide loans through its fintech ...
E-commerce giants widen financial services play as RBI clearance paves way for direct lending through wholly owned units Amazon and Walmart-owned Flipkart are preparing a major expansion into India’s ...
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Flipkart secures NBFC license from RBI—becomes first Indian e-comm player to offer direct lending
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources. When ...
The company plans to lend directly to its users on its ecommerce platform and through its fintech app super.money. On the B2B side, it may also offer financing to sellers listed on the platform A ...
Amazon completes Axio acquisition, secures access to direct lending business in India Amazon said on Thursday that it has completed the acquisition of Bengaluru-based non-banking lender Axio for an ...
More than a year ago, when we unpacked Flipkart’s fintech ambitions, we never expected this new vertical to become the focal point for Flipkart. But now, with an NBFC licence, the ecommerce giant is ...
Amazon acquired Bengaluru-based non-bank lender Axio earlier this year. Currently focused on BNPL and personal loans, Axio will re-embark on offering credit for small businesses and start offering ...
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