MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

MobiKwik, Cred join hands with RBI to fully launch CBDC (e₹) for Android; check features, usage

One Mobikwik Systems Ltd. and Cred have recently initiated their individual e-rupee pilot programs in partnership with the Reserve Bank of India (RBI). This collaboration marks their distinction as the pioneering fintech platforms to join hands with the RBI for the implementation of the central bank digital currency (CBDC). Yes Bank has been selected as … Read more

Cred can operate as payment aggregator, RBI gives in-principle approval: Report

Cred can operate as payment aggregator, RBI gives in-principle approval: Report

Fintech unicorn CRED has reportedly got an in-principle approval to operate as a payment aggregator after securing a licence from the Reserve Bank of India (RBI). The Bengaluru-headquartered startup, valued at $6.4 billion, once gets the final approval from the central bank will soon companies, such as Razorpay and Cashfree, that already have the licences, … Read more