Flipkart’s fintech arm Super.money is tackling one of India’s biggest digital payment challenges: how to profit from free UPI transactions. Through a strategic partnership with Kotak Mahindra Bank, they’re bundling secured credit with payments to create sustainable revenue streams.
Under CEO Charlie Scharf’s disciplined approach, Wells Fargo has achieved significant regulatory and operational milestones. The Federal Reserve’s recent decision to lift the asset cap signals renewed confidence in the bank’s recovery, according to reports.
When CEO Charlie Scharf assumed leadership of Wells Fargo in 2019, he inherited what analysts suggest was one of the most challenging corporate rehabilitation projects in recent banking history. According to reports, his mandate involved rebuilding a tarnished brand while navigating strict regulatory constraints that had hampered the institution’s growth prospects.
Ramp’s CEO Eric Glyman reveals the company’s unconventional approach to corporate cards, focusing on spending reduction rather than rewards. The fintech reportedly reached $1 billion in annualized revenue and achieved unicorn status faster than any other New York company, according to Fortune’s Leadership Next podcast.
Corporate credit card provider Ramp has reportedly achieved a staggering valuation of $22.5 billion by implementing a counterintuitive business model that encourages customers to spend less rather than more, according to recent reports from Fortune’s Leadership Next podcast. Sources indicate that CEO Eric Glyman’s approach represents a fundamental shift from traditional credit card companies that typically reward increased spending.
