Author: nripn

SEBI board meeting reforms approved on March 15, 2024 covered T+0 settlement, FPI disclosure relief, IPO amendments, and a uniform framework for verifying market rumours. The 204th SEBI board meeting also tightened due diligence rules for alternative investment funds and cleared subordinate units for privately placed InvITs. SEBI confirmed each decision in its official press release PR No. 5/2024. Here are the ten reforms from the SEBI board meeting that matter most for Indian capital markets. SEBI Board Meeting Greenlights T+0 Settlement Beta The headline decision was the launch of a beta version of optional T+0 settlement covering 25 scrips…

BILL Holdings Melio acquisition talks surfaced on November 8, 2023, when Bloomberg News reported the San Jose software firm was in advanced negotiations to acquire Israeli payments unicorn Melio for $1.95 billion. The next day, BILL issued a rare public denial. By the time the BILL Holdings Melio story closed in October 2025, Melio had been acquired by a completely different company at a higher price. Here are the five critical facts that defined the BILL Holdings Melio acquisition saga. BILL Holdings Melio Talks Surfaced via Bloomberg The story broke on the evening of November 8, 2023. Bloomberg reported that…

Ethereum ETF approval rumors lit a fire under crypto markets, sending traders back into the second-largest digital asset at speed. Santiment data shows futures activity spiking to record levels, and ETH price action followed quickly behind. As a result, Ethereum climbed to $3,759, a 2.5% lift that pushed total market cap toward $451 billion. Beyond the headline price move, derivatives flows tell the wider story of what is happening under the surface this week. Santiment Flags Record Futures Surge as Traders Pile In Market intelligence platform Santiment reported open interest in Ethereum futures hitting $15.5 billion on Tuesday. The figure…

Paytm banking license risks took center stage as shares of parent One 97 Communications Ltd. fell for a third straight day. India’s banking regulator is weighing revocation of the Paytm Payments Bank permit, adding to growing pressure on the once-celebrated fintech. The Reserve Bank of India is reviewing the matter following multiple regulatory lapses at the bank, including transactions beyond prescribed limits and concerns linked to money laundering risk, Bloomberg first reported. The bank has already been ordered to suspend much of its day-to-day operations, which has clouded the prospects of the digital payments pioneer. RBI Cites Persistent Non-Compliance and…

Paytm banking license risks took center stage as shares of parent One 97 Communications Ltd. fell for a third straight day. India’s banking regulator is weighing revocation of the Paytm Payments Bank permit, adding to growing pressure on the once-celebrated fintech. The Reserve Bank of India is reviewing the matter following multiple regulatory lapses at the bank, including transactions beyond prescribed limits and concerns linked to money laundering risk, Bloomberg first reported. The bank has already been ordered to suspend much of its day-to-day operations, which has clouded the prospects of the digital payments pioneer. RBI Cites Persistent Non-Compliance and…

Plaid IPO 2026 timing remains the loudest question hanging over fintech’s biggest pre-public infrastructure name. The data network powering Venmo, Robinhood and roughly half of US neobank rails has spent the past 18 months stacking executive hires, building governance muscle, and rewriting its revenue story. Yet management still refuses to call a date. In late March 2026, Plaid CFO Seun Sodipo told the Wall Street Journal the company is “not racing” to list. Revenue jumped 40% to top $500 million last fiscal year, and that growth gives Plaid the rare luxury of choosing its moment. Meanwhile, a February 2026 secondary…

Plaid IPO readiness picked up another marker as the data aggregator named Cloudflare veteran Jen Taylor as its first president. CEO Zach Perret announced the appointment in a company blog post, calling Taylor a “phenomenal product leader” who will help scale the platform through its next chapter. The move adds a senior executive to a leadership bench that has been steadily reshaped through late 2023 and early 2024. Taylor will also become Plaid’s first female president, marking a separate milestone for the company’s senior leadership composition. Jen Taylor Joins Plaid From Cloudflare CPO Role Taylor served as Cloudflare’s chief product…

Healthcare payment software provider Waystar has spent 24 months turning a 2024 Nasdaq listing into one of the cleaner growth stories in healthcare fintech. The company priced its IPO at the low end of guidance in May 2024, listed under the ticker WAY, and raised roughly $968 million against an initial market cap near $3.7 billion. Today the picture looks materially different. Q1 2026 revenue hit $313.9 million, up 22% year-on-year. Adjusted EBITDA reached $135.4 million on a 43% margin. The company guided full-year 2026 revenue to between $1.274 billion and $1.294 billion. Shares trade around $25, with the equity…

Fintech startups go public on different schedules than their boards predict, and 2024’s most-watched IPO list proves the point. Of the dozen companies F-Prime Capital flagged as ready candidates in its State of Fintech 2024 report, only two have made the leap. The rest are still private, with mixed messaging on when (or whether) they will follow. Chime listed on Nasdaq on June 12, 2025 at $27 a share, valuing the neobank around $9.1 billion. The stock has traded range-bound since, sitting below its first-day open. Klarna listed on NYSE on September 10, 2025 at $40, raising $1.37 billion at…

Envestnet stock jumps in early 2024 turned out to be the cleanest leading indicator the wealth-tech sector produced that year. The 9% pop on rumour of a private-equity sale, with shares trading near $61.31, preceded the formal Bain Capital announcement by months. Eighteen months later, Envestnet is a private company under a $4.5 billion take-private, and the original M&A whisper has aged better than most. In July 2024, Envestnet signed a definitive agreement with Bain Capital at $63.15 per share, valuing the company at $4.5 billion. Shareholders approved the deal in September with over 99% support, and the transaction closed…