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FinTech: Paytm, Ola and IndusInd Bank team up to apply for NUE license


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Non-bank lender Centrum Finance, along with
fintech companies Zeta Pay and Electronic Payment and Services (EPS), are also expected to be part of the group that will submit its proposal to the Reserve Bank of India before the deadline expires on February 26, they said.
ET reported previously that Amazon, along with ICICI Bank and Axis Bank, are also in the fray for the licence. Two other consortiums led by the Tata Group and Infibeam Avenues are also learnt to be in the reckoning.
According to a source close to the development, the synergies between consortium partners in the Paytm, Ola, IndusInd partnership will be the key differentiator for the proposed NUE. ....

Axis Bank , Tata Group , Paytm Payments Bank , Indusind Bank , National Payments Corporation Of India , New Umbrella Entity , National Payments Corporation , Shekhar Sharma Led Paytm , Fola Financial , Centrum Finance , Zeta Pay , Electronic Payment , Reserve Bank , Infibeam Avenues , Unified Payments Interface , Ant Financial Backed , Falcon Edge , Matrix Partners , Payments Bank , Ind Bank , Nue License , Digital Payments , அச்சு வங்கி , டாடா குழு , பாய்த்ம் கொடுப்பனவுகள் வங்கி , இந்துசின்த் வங்கி ,