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indian fintechs

National Australia Bank: National Australia Bank interested in Indian fintechs, tracking local innovations closely: official

National Australia Bank is looking closely at the Indian fintech market to take capabilities from India to the other markets that they operate in, Patrick Wright, group executive, technology and enterprise operations, told ET.There are certain aspects of banking where India is ahead and others where Australia leads, Wright pointed out, adding that the idea is to find points where the best of both worlds can be brought together.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian…

Indian fintech faces tough 2023; PayU India lays off 6% of employees

India’s fintech startups have had a torrid 2022 as regulatory changes have coincided with a prolonged funding winter. Far from bringing respite, next year is expected to be even worse for these companies, various founders and investors have told us.Also in this letter:■ PayU India sacks 150 employees, about 6% of workforce■ Taxman seeks info from foreign online gaming firms■ Threat of ‘hacktivism’ set to rise in 2023, experts sayIndian fintechs gear up for a tumultuous 2023 The operating environment is expected to get…