(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 ...
India’s booming digital economy is witnessing a new wave of competition—this time in the financial sector. E-commerce giants Amazon and Flipkart are gearing up to challenge traditional banks with ...
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 ...
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 ...
By Ashwin Manikandan and Jaspreet Kalra MUMBAI (Reuters) -Amazon is preparing to offer loans to small businesses in India, while Walmart-owned Flipkart is looking at buy-now, pay-later (BNPL) products ...
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 ...
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 ...
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 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 ...