(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 ...
E-commerce giants widen financial services play as RBI clearance paves way for direct lending through wholly owned units ...
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 ...
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 ...
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, according to ...
Amazon and Flipkart, owned by Walmart, are intensifying their push into financial products in India, aiming to challenge the ...
India’s booming digital economy is witnessing a new wave of competition—this time in the financial sector. E-commerce giants ...
Flipkart has begun lending to customers, expanding its financing offerings in a move that could potentially boost sales even as its chief rival Amazon has signaled a slowdown in India. The ...
The investigation was first reported by Italian newspaper Corriere della Sera.
Amazon and Flipkart are expanding into financial services in India, offering new lending products to small businesses and consumers, thereby challenging traditional banks.
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