India’s KreditBee raises $80 million from Azim Premji’s Premji Invest, Motilal Oswal Alternates, among others

The digital loans business in India has been the subject of a lot of controversy, not least for over-predatory and un-transparent practices, yet that’s existed alongside the rise of a handful of startups that hoping to apply tech to build products that are clearly understood and fill a need in the market for quick, short-term … Read more

India won’t enforce market share cap on UPI until 2025 in a win for Google and Walmart

India won’t enforce a cap on the market share for players operating on the homegrown payments network until December 31, 2024 in a surprising move that analysts say is a major a win for Google Pay and Walmart’s PhonePe. The National Payments Corporation of India, the payments body that oversees the Unified Payments Interface payments … Read more

LineupSupply updates its app to generate Instafest-styled posters via your Spotify

In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history. Millions of people started generating their own festival posters before the official Spotify Wrapped dropped earlier in the week. In order to take advantage of the trend, the LineupSupply app — … Read more

Elon Musk is Elon Musk-pilled

[cash register noise] | Illustration by Laura Normand / The Verge Programming note: This will be the last This Week in Elon this year. In 2023, I will return with something delightful for you that is not just about Musk shenanigans — but we will have occasional chats when there is too much Elonning going … Read more