Month: November 2022

Rapyd Ventures backs Indian fintech-as-a-service startup Decentro

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India’s Decentro, the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 million in a Series A round. The Bengaluru-based startup offers banking and payments APIs that allow development of fintech products such as banking, payment cards, neobanking and collections and payout services in a short period … Read more

Indonesia weighs blockchain-powered carbon trading scheme

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Indonesia wants to direct the blockchain craze toward greener use. The Indonesia Stock Exchange (IDX) has signed a memorandum of understanding with Metaverse Green Exchange (MVGX), a Singaporean startup that specializes in digital exchange technology. The intended collaboration centers around IDX’s emission trading scheme that is slated to launch in 2025, and MVGX’s job is … Read more

Google pauses enforcement of Play Store billing requirement in India following antitrust order

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Google is indefinitely pausing the enforcement of its policy requiring developers to use Play Store’s billing system for user transactions in India following an order by the country’s antitrust body. The Android maker on Tuesday updated a support page to disclose the move and said that the requirement to use Google Play’s billing system still … Read more