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Ola’s acquisition of Avail Finance may require independent audit, board approval
... to build a mobility-focused financial services business under Ola Financial . Ola invested nearly 800 crores into its financial services business, which already shows strong growth across both its lending and insurance verticals. Ola Postpaid has a BNPL offering that is available to 40 M customers. Its vehicle financing business is growing rapidly in conjunction with Ola Electric and Ola Cars , its used cars business. With Insurance, Ola has built a first-of-its-kind embedded motor insurance journey ...
Updated: 03/25/2022
One 97 Communications shares hit new low; here's why
... in a note on the company. In our view, the recent developments have reduced the probability of getting a banking license to lend. The foreign brokerage firm said that the digital payments paper could potentially cause wallet charges and the tougher BNPL and KYC regulations. Negative earnings and FCF are the challenges for valuing Fintechs or new-age companies in general. The level of subjectivity here can be very high if multiples are based on sales numbers. Multiples for such companies can correct ...
Updated: 03/23/2022
Paytm Payments Bank shares plunge 4 per cent to new record low
... Macquarie report, while also highlighting the recent Reserve Bank of India RBI action against the bank's subsidiary, Paytm Payments Bank and the problem of Chinese ownership, which is in excess of 25 per cent. RBI s regulations on digital payments and BNPL Buy Now Pay Later and stricter KYC and compliance norms will all be adverse developments for fintech companies in general, potentially bringing down unit economics and growth, in our view. The report said that these additional headwinds could affect ...
Updated: 03/22/2022
Paytm shares continue to fall 3 per cent
... on the company. In our view, recent developments have significantly reduced the probability of getting a banking license to lend. The foreign brokerage firm said that the digital payments paper could potentially cause wallet charges and the tougher BNPL and KYC regulations. Negative earnings and FCF are the challenges in valuing Fintechs or new-age companies in general. The level of subjectivity can be very high if multiples are based on sales numbers. Multiples for such companies can correct ...
Updated: 03/22/2022
70% of consumers are interested in buying now, pay later BNPL
More consumers are looking to pay more for their purchases in smaller monthly installments by buying now, pay later BNPL options. More than 70% of BN PL users said they would be more interested in using BNLP products backed by their banks rather than fintech groups, including fintec groups, investors' interest rates are looking into harmful, according to a report from ...
Updated: 03/17/2022
Macquarie slaps price target on Paytm, stock down 70% since debut
... also highlighting the recent Reserve Bank of India RBI action against the bank's subsidiary, Paytm Payments Bank and the problem of Chinese ownership, which is in excess of 25 per cent. We believe that the RBI 's regulations on digital payments and BNPL Buy Now Pay Later and stricter KYC and compliance norms will be negative for fintech companies and could cause unit economics and growth in the future. There are more headwinds for Paytm , which could hinder its path to profitability, according ...
Updated: 03/17/2022
Paytm shares plunge 3 per cent to new record low
... average. The brokerage house has a target price of Rs 1,352 per share and is bullish on Paytm. On our target value of Rs 1,352 per share, Paytm is valued at around 9.5 x operating revenue based on a combination of a comprehensive offering, in line with BNPL players and a discount to global card network entities. It is likely that Paytm revenue will grow at more than 35 per cent CAGR over FY 22 -- FY 24 E and more than 25 per cent over FY 24 -- 26 E, which is well above the industry average. The brokerage ...
Updated: 03/08/2022
80 per cent women set goal-oriented investment goals for 2022
On the occasion of International Women's Day, Buy Now Pay Later BNPL platform Zest money said that about 80 per cent of women investors have set goal-oriented investment targets for 2022. On the occasion of International Women's Day, Buy Now Pay Later BNPL platform ZestMoney said that about 80 per cent of women ...
Updated: 03/08/2022
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