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Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred - The Economic Times
Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans, investments, insurance, and UPI transactions. On the other hand, it said China built its digital payments ecosystem through domestic champions such as Alipay and WeChat Pay, keeping ownership and strategic control within Chinese companies.
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techfundingnews.com
Why Meta wants CRED: The $4B fintech deal that could reshape India's payments industry — TFN
Meta is reportedly in talks to invest in Bengaluru-based fintech CRED at a valuation of around $4 billion, according to Moneycontrol.
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economictimes.indiatimes.com
Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred - The Economic Times
Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans,…
