Dilip Modi

"India has done all the ground work over the last 15 to 20 years in terms of setting up digital public infrastructure and democratising banking. Last mile connectivity is largely ensured, millions of hitherto unbanked people have bank accounts, basic banking services and DBT payments are seamlessly facilitated. True financial inclusion will be when customer engages with a wide range of offerings like insurance, credit and investment", Rishi Gupta, MD & CEO, Fino Payments Bank Ltd at the Global Fintech Fest'25 panel discussion on 'Bridging the Digital Divide: Ensuring Innovation Reaches the Unconnected' , 8th October, Jio World Convention Centre

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Razorpay has appointed Mrityunjoy Das as Director, Domestic Payments (Strategic Accounts). In his new role, he will drive growth within the payments ecosystem and strengthen strategic partnerships to enhance Razorpay’s market presence in enterprise segments.   With over a decade of experience in enterprise strategy, client engagement, and digital payments, Mrityunjoy brings proven leadership in advancing financial solutions. His appointment marks a strategic step in Razorpay's mission to deliver tailored, high-impact payment offerings to its clients.   Focused on elevating customer value and scaling Razorpay’s retail payments footprint, Mrityunjoy will play a central role in innovating solutions that align with evolving market dynamics. His leadership is expected to reinforce the company’s commitment to delivering superior service, fostering robust partnerships, and providing seamless customer experiences in the digital payments space.   Previously, he has been part of companies such as Bajaj Allianz Life Insurance, GLOBAL VISION, Info Edge India Ltd., and PayU. #ThePortfolioMagazine #LeadershipUpdate #Razorpay #DigitalPayments #FintechIndia #StrategicGrowth #EnterpriseSolutions #ClientEngagement #PaymentsInnovation #RetailPayments #MrityunjoyDas #FintechLeadership #Partnerships #CustomerExperience #PaymentsEcosystem

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Vivek Manchanda has joined NBSL (National Payments Corporation Of India (NPCI) BHIM Services Limited) as Head – Alliances & Partnerships, marking a pivotal move aimed at strengthening strategic collaborations within India’s digital payments ecosystem. With a robust career built across leading financial institutions, Vivek steps into this role with significant experience in digital banking, partnerships, and channel management. At YES BANK, he was the National Head – Digital Banking Sales, Alliances & Partnerships, where he played a critical role in expanding digital capabilities and deepening alliance-driven growth. His leadership is expected to drive BHIM’s scale and integration within NPCI’s larger vision for financial inclusion and digital transformation. Prior to this, Vivek held leadership roles at several prominent banks, including Head – Alternate Channels at IndusInd Bank, where he drove managing FPI/FVCI/FDI/Custody/ Connected Banking/Structured transactions to enhance customer experience. He also served as Area Head – CA Sales at Kotak Mahindra Bank, AVP at HSBC, Assistant Manager at ICICI Bank, and began his career as a Management Trainee – Home Loans Underwriting at HDFC Limited. Across these roles, Vivek consistently built strong institutional partnerships and operational excellence. His appointment at NBSL positions him as a key driver in expanding BHIM’s ecosystem, strengthening NPCI’s market presence, and accelerating the adoption of secure, accessible digital payments across the nation. #VivekManchanda #NBSL #NPCI #BHIM #DigitalBanking #FintechLeadership #YESBANK #IndusIndBank #KotakMahindraBank #HSBC #ICICIBank #HDFC #DigitalPayments #cxolanes 

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🚨 Digital lender Zype raises Rs 90 Cr led by UNLEASH Capital Partners. AI-led digital lender Zype has secured ₹90 crore in Series B funding led by UNLEASH Capital Partners, with Xponentia Capital also participating. The startup plans to use the capital to expand its credit and payments offerings, grow in Tier II and III cities, and build a profit-first, sustainable lending model. Founded in 2023, Zype has already become profitable, serving 3 lakh+ borrowers and disbursing ₹1,300+ crore in loans, targeting India’s emerging salaried class with urgency-driven credit. By Sayan Sen Read more: https://lnkd.in/dhdHJ7Vs #FintechIndia #DigitalLending #ZypeFunding #Tier2Tier3Growth

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Exciting Funding Update! TransBnk - Transaction Banking Platform is a Mumbai-based banking infrastructure startup founded in 2022 by Vaibhav Tambe, Lavin Kotian, Sachin G. and Pulak Jain. The company builds an API-driven platform for transaction banking, enabling fintechs, corporates and non-banking finance companies to connect with multiple banks for onboarding, escrow management, reconciliations and other financial operations. ~Team Rishav Agarwal | CA Kailash Kushwaha | CS Sarita Magar | Sarvneek Kohli | Clinton G. | Pratekk Agarwaal #TransBnk #FundingUpdate #BessemerVenturePartners #ArkamVentures #FundamentumPartnership #8iVentures #AccionVentureLab #GMO #SeriesB #FintechInfrastructure #APIBanking #GlobalExpansion #IndiaToWorld

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With UPI surpassing VISA in transactions and TPAPs dominating the payment space, banks are now aspiring to reclaim direct merchant relationships, recognizing the strategic imperative of owning this crucial segment. In this Finance Outlook India article, Mr. Debiprasad Sarangi, CEO of iServeU, highlights how banks can leverage banking infrastructure providers or TSP to shift the dominance and strengthen direct ties with merchants. 🔗 Read more: https://lnkd.in/gegVzUCJ #iServeU #FinTechs #Banks #UPI #Soundbox #BaaS

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ixigo, a traveltech platform, has partnered with Kunal Shah-led CRED to exclusively power flight bookings for CRED’s newly launched CRED IndusInd Bank RuPay Credit Card. Through this partnership, cardholders will now be able to book flights within the CRED ecosystem with ixigo’s flight inventory and technology powering the entire booking experience. Read the full story here:👇 https://lnkd.in/dtidtKQj #traveltech #partnership #fintech #creditcards #company #startup #indianstartupnews

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SABYASACHI RATH joins the panel for the roundtable discussion on “Secured Credit in India: Policy Tailwinds & Material Risks” at The Fintech Meetup, scheduled for 6th October at BKC, Mumbai. The session will feature prominent Founders and CXOs from NBFCs and financial institutions, discussing the evolving dynamics of secured credit in India. Key areas of focus include regulatory recalibrations by the RBI, clarity on NBFC/HFC frameworks, and the growing role of land and collateral digitisation in strengthening credit infrastructure. The conversation aims to bring meaningful insights into how policy and regulatory shifts are shaping the future of secured lending in the country. #Fintech #NBFC #SecuredCredit #FinancialServices #Roundtable #Leadership #TheFintechMeetup #PurpleFinance https://lnkd.in/gTMz75Yp

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𝗜𝘀 𝗬𝗼𝘂𝗿 𝗕𝗮𝗻𝗸’𝘀 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗪𝗵𝗲𝗿𝗲 𝗜𝘁 𝗡𝗲𝗲𝗱𝘀 𝘁𝗼 𝗕𝗲? 𝗟𝗲𝘁’𝘀 𝗧𝗮𝗹𝗸. In India’s dynamic payments landscape, banks need a trusted partner who delivers end-to-end payment technology solutions—backed by deep domain expertise, regulatory compliance, and proven innovation. At Electronic Payment and Services (EPS), we are proud to be a NPCI-certified Application Service Provider (ASP) and among the few licensed White Label ATM operators in India. We empower banks to: 𝟭) 𝗕𝘂𝗶𝗹𝗱 𝗧𝗿𝘂𝘀𝘁: Through secure, compliant solutions aligned with RBI and NPCI guidelines, ensuring reliable and transparent transactions.  𝟮) 𝗗𝗿𝗶𝘃𝗲 𝗔𝗴𝗶𝗹𝗶𝘁𝘆: By integrating multiple payment rails—including UPI, AePS, IMPS, and White Label ATMs—with automated reconciliation and real-time reporting.  𝟯) 𝗢𝗳𝗳𝗲𝗿 𝟯𝟲𝟬-𝗗𝗲𝗴𝗿𝗲𝗲 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀: In addition to our robust payment infrastructure, EPS offers a comprehensive MSME Digital Platform that empowers banks to deliver a wide range of value-added services tailored to the evolving needs of micro and small businesses. These services include: E-Store Enablement, Digital Marketing Tools, Digital Ledger Solutions, Expense & Payroll Management,Tax Return Filing Support and more With EPS, banks can reduce operational complexity, improve payment settlement speed, and enhance customer experience—all while complying with India’s rigorous regulatory environment. Let’s explore how EPS can help you achieve payment excellence and operational resilience To learn more visit www.electronicpay.in or comment below to start the conversation. #Payments #Banking #Fintech #PaymentPartner #Trust #Agility #DigitalPayments #EPS #WhiteLabelATM #NPCI #FinancialInclusion

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Credit cards continue to be a robust growth driver in India’s digital payments ecosystem. With over 110 million cards in circulation and transaction volumes growing rapidly, innovations like RuPay credit card linkage with UPI and co-branded cards are reshaping consumer credit behaviour and driving deeper financial inclusion.    To know more, read the full report, ‘The Indian Payments Handbook: 2025–30’: https://lnkd.in/ggiNB2Wy   Gayathri Parthasarathy | Vivek Belgavi | Mihir Gandhi | Rajesh Dhuddu (PhD) | Amit Nawka | Jai Tandan | Zubin Tafti | Global Fintech Fest   #FinTechInnovation #AIinFinance #GFF2025 

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At #GFF2025, Perfios CEO Sabyasachi Goswami spoke with Ankur Mishra from ET NOW about India’s evolving lending landscape from policy-led stability and inclusivity to the steady demand driving fintech innovation. He further noted how financial inclusivity has evolved to bridge geographical barriers and bring marginalized communities into the formal credit fold. With financial institutions across India and 18+ countries, Perfios continues to power smarter lending, stronger monitoring, and sustainable growth. As demand stays strong across key product lines especially in unsecured and secured lending, the focus remains on scaling innovation with trust and intelligence at the core. Watch the full ET NOW feature in the attached video! #Perfios #GFF2025 #ETNow #AIforBFSI #FintechIndia #FinancialInnovation #Leadership

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Strategic Insights: India's Payment Innovation Model Featured in Central Bank Payments News EPAA's Chief Expansion and Innovation Officer Monica Jasuja's analysis of India's digital payments transformation is now featured in the latest edition of Central Bank Payments News (CBPN). Key Strategic Observations: Drawing from our comprehensive research report "Digital Payments Revolution: India's March to a Trillion," the article examines how India's collaborative infrastructure approach offers actionable insights for central banks globally. Core Framework Elements:  🔹 Principles-based regulation enabling innovation within guardrails 🔹 Open, interoperable systems treating payment rails as public infrastructure 🔹 Public-private collaboration fostering ecosystem-wide network effects 🔹 Value-conscious design driving superior user adoption Critical Insight: India's breakthrough wasn't technological—it was philosophical. By positioning payment infrastructure as a shared resource rather than competitive battleground, India unlocked network effects benefiting all ecosystem participants. Strategic Implications for Central Banks: - Design for interoperability from inception - Use regulation as infrastructure enabler, not barrier - Measure success through ecosystem health metrics - Coordinate with broader digital infrastructure initiatives The research features insights from leaders across BillDesk, CRED, M2P Fintech, Razorpay, Signzy, YES BANK, Perfios, and Sahamati, providing comprehensive perspectives on collaborative payment innovation. Read the full analysis: https://lnkd.in/gVMKebyR Together, we can advance payment systems that enable prosperity rather than extract rents from it. #paymentsinnovation #centralbanking #digitalpayments #financialinclusion #india #collaborativeecosystems Camilla Bullock Monica Jasuja Sally Sternecker Danelle Denny Niamh Laing

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