Tech
Fintech feels RMG burn; Urban Company’s D-Street debut
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Happy Thursday! The new gaming legislation is expected to hurt the business of payment aggregators. This and more in today’s ETtech Morning Dispatch.
Also in the letter:
■ Groww’s new frontiers
■ PayU’s Mindgate deal
■ Amazon India cuts losses
RMG ban burns a huge hole in ePay firms’ balance sheets
The ban on real-money gaming (RMG) has triggered collateral damage across India’s fintech ecosystem — and payment aggregators (PAs) are among the hardest hit.
Driving the news: Payment volumes have already started slipping, but industry…
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