Monday, July 18, 2022

Slice fundraising on hold as RBI note triggering uncertainty for sector

People aware of the matter said the company’s funding round, of which $50 million was raised last month led by Tiger Global, is on hold now as stakeholders wait for clarity. Fintechs that are in a tizzy following the RBI circular have written to the central bank seeking more information on its action.

from Tech-Economic Times https://ift.tt/njz1bye

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...