Faster delivery is a key priority area for Walmart, as shoppers are increasingly paying more to get their purchases faster ...

A pre-approved personal loan is an offer from lenders based on an individual's financial profile and credit rating, simplifying the borrowing process. Offers are communicated via email, SMS, or ...

This marks a major shift in India’s digital lending landscape, as Flipkart will now be able to offer loans directly to its customers—a first for an Indian online marketplace.

In January, Flipkart’s rival Amazon India acquired fintech lending startup Axio in an all-cash deal for $200 million, after making a proposal to acquire Axio in December. The move was seen as part of ...

Flipkart has obtained a non-banking finance company (NBFC) licence from the Reserve Bank of India, allowing it to issue loans directly. This follows its entry into UPI-based payments, marking another ...

Walmart's Flipkart secures approval for direct lending in India, documents show Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India ...

Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.

Flipkart just scored a major financial industry first. The Reserve Bank of India (RBI) granted the e-commerce leader a Non-Banking Financial Company (NBFC) license. Now, Flipkart has become India’s ...

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources.

Flipkart has received a lending licence from the Reserve Bank of India, paving the way for direct financing to customers, though the ecommerce firm is yet to disclose operational details. The ...