Trending February 2024 # Top 10 Robotic Surgical Companies In 2023 All Over The World # Suggested March 2024 # Top 4 Popular

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Robotic Surgical Companies that are transforming the field of surgical procedures

Medical robots form a rapidly growing sector of the medical devices industry. Regardless of whether utilized for home help, crisis response, negligibly invasive medical surgery, targeted therapy, or prosthetics, they are turning out to be increasingly more widely utilized these days, transforming medical care across the globe. The most popular robotics applications in medical services and healthcare are surgical. Everything from organ transplants and gastrointestinal surgeries to spine medical procedures and urological operations are performed utilizing robots of some sort. In the United States, around 9,00,000 robot-assisted surgeries were performed in 2023. The worldwide surgical robotics market created $4.71 billion in 2023 and is assessed to reach $15.43 billion by 2029. The market is classified into three fragments, in particular, surgical systems, surgical services and instruments & accessories. Let’s look at the top 10 robotic Surgical Companies in 2023 all over the world  

Intuitive Surgical stood firm on the leading position in the United States robotic surgery market in 2023. It got FDA approval for its first-historically robotic system da Vinci® in 2000, and from that point forward, they have developed the da Vinci® framework to yield a robotic surgery empire. Other da Vinci® systems, for example, the da Vinci S® were marketed in 2006 and the da Vinci Si® in 2009, yet Intuitive’s leader product, the da Vinci Xi®, was presented in 2014. Intuitive Surgical will still be the leader by a huge edge for a considerable number of years, powered by revenue from its surgeries, services and maintenance fees.  

The Mountain View, Calif.-based organization’s robotic catheter is intended to explore the peripheral vasculature and give a conduit for the arrangement of therapeutic devices. The catheter works as a component of Hansen’s Magellan robotic system. The Sensei X Robotic system utilizes 3D catheter controls and 3D visualization to permit a surgeon to control its robotically steerable catheters for gathering electrophysiological information inside the heart atria.  

Diligent’s AI-empowered robots work with people in day-to-day scenarios. The organization’s autonomous Moxi robot can be left alone to perform tedious logistical errands in hospitals like setting up patient rooms and restocking supply rooms. Fit for navigating hospital hallways and other restricted spaces, Moxi is even permeated with social intelligence that is passed on through its head movements and LED eyes.  

Medrobotics is a Massachusetts-based organization that recently got US$20 million in financing to venture into general medical surgery and create cutting-edge robotic systems. Its Flex Robotic System got FDA approval in 2024 and permits doctors to get to anatomical areas like ear, nose, or throat with its snakelike plan and 180° path.  

CMR Surgical is a British organization, building the cutting-edge careful surgical robotic system, Versius, for minimal access medical surgery. Their vision is to make minimal invasive medical surgery universal that is easily accessible and affordable. CMR Surgical, established in 2014, has its headquarters in Cambridge and got the European CE Mark in March 2023 for the Versius Surgical Robotic System.  

Corindus’ CorPath 200 device is intended for percutaneous coronary mediations. The CorPath accompanies a radiation-protected “cockpit” for the surgeon. The CorPath 200 is the first and only robotic-assisted procedure to take into account controlled placement of coronary guidewires and stent/swell catheters from an optimized interventional cockpit. In utilizing the framework, the surgeon works CorPath 200 from behind a radiation-protected “cockpit.” Rather than being with a patient while clad in a lead apron, the surgeon is situated behind an operating station, controlling surgical devices with a range of touch-screen and joystick controls.  

Verb surgical is perhaps the most innovative robotic surgery organization on the planet and was framed as a strategic partnership between Google’s Alphabet and Johnson & Johnson’s medical devices subsidiary, Ethicon. They are zeroing in on creating a digital surgery platform that integrates robotics technology, progressed visualization, progressed instrumentation and data analytics. Such robotic surgery companies embrace big data and machine learning expertise from Google to create a digital surgical platform, which will not cost exactly the current robots in medical.  

Zimmer Biomet Robotics, once known as Medtech SA, is a robotic surgery company organization, established in 2002 in Montpellier, France. It creates robotic help for surgical procedures of the central nervous system and different applications like the knee. Its main product is ROSA, a robotic surgical assistant intended for negligibly invasive medical procedures.  

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10 Ways Artificial Intelligence Will Change The World In 2023

AI is being a fast-paced technology and ruling the world with its different applications

The role of AI has modified considerably – from its preliminary creation on the threshold of an enterprise of their innovation labs to the modern-day while human beings are starting to recognize that it has the ability to convert businesses from the center out. According to the reports, AI will be better than human beings in translating languages by 2024, promoting items by 2031, and conducting surgical procedures by 2053. Meanwhile, let’s see the changes that AI brings in 2023:  

Machine Learning:

Machine Learning (ML) is an application of artificial intelligence that gives systems the capacity to automatically analyze and enhance from experience without being explicitly programmed. ML specializes in the development of computer applications that may access information and use them to analyze for themselves. ML is the idea that computer software can learn and adapt to new information without human intervention. ML keeps a computer’s integrated algorithms up to date and permits the system to pick out data and built predictions around them. ML is beneficial in maintaining an enormous quantity of data and may be implemented in quite a few areas, together with investment, lending, setting up news, fraud detection, and more.  

AI at the Border

AI in defense and security are absolutely chúng tôi is frequently embedded into weapons and surveillance systems to enhance performance. It regularly enhances target recognition, flight simulation and training, and risk monitoring.  

AI in Education

The future of classrooms is virtual. Already, there are lots of courses on platforms that can be distinctly informative and can be accessed from anywhere, anytime. AI can automate the excursion of administrative responsibilities for instructors and educational institutions. Educators spend a lot of time grading exams, assessing homework, and imparting important responses to their students. AI is permitting the automation of categories and processing of paperwork. The idea of schooling may be redefined from the comfort of the homes, customized in line with each students’  

Robots

2024 is the year robot delivery ultimately takes off. Drones will be used for medical applications in towns handing over samples and reagents from hospitals to laboratories quicker than automobiles could drive throughout town. Detecting and deactivating bombs, working in environments wherein people can’t survive, producing items or additives repetitively.  

AI in Enterprise AI in Automobile Industry

Artificial intelligence (AI) and self-driving automobiles are regularly complementary subjects in technology. Car producers everywhere in the globe are using artificial intelligence. AI and machine learning are being applied in how automobiles are built and the way they function on the road. There is an electric-powered automobile in each segment — scooter, motorcycle (Revolt), hatchback (Mahindra e2O), compact sedan (Tata Tigor), compact SUV (Tata Nexon), SUV (MG ZS EV), and several high-end top-class services from Mercedes-Benz, Jaguar, Audi, and BMW.  

AI in Traffic Management

AI now using its fast-paced different technologies such as ITMS, ATCS, LMT, Law Enforcement & many more in Traffic Management. The power of AI that propels quite a few information evaluations of these systems, is likewise what powers the navigation systems of ride-hailing in addition to last-mile delivery operators. Deliveries or order fulfillments that needed to be not on time in the past, can now be improved notably as towns retain taking over such shrewd visitors structures.  

AI in Metaverse

The metaverse is an immersive, virtual reality (VR) world that you enter through carrying VR goggles. It holds massive promise for quite a lot of sectors — from purchasing to enterprise and the arena of work. The metaverse describes an imaginative and prescient of a related to 3D digital international, wherein actual and virtual worlds are incorporated the use of technology including virtual reality (VR) and augmented reality (AR). There are numerous metaverses already – as an instance in digital gaming platforms like The Sandbox and virtual worlds like Decentraland. AI has the ability to parse massive volumes of information at lightning pace to generate insights and drive action. Users can either leverage AI for decision-making (that is the case for maximum agency applications), or link AI with automation for low contact processes. AI additionally helps such things as computer imagination and prescient and simultaneous location and mapping technology, which assist machines to recognize our bodily environment.  

AI in Healthcare

At the 2023 World Medical Innovation Forum (WMIF) on artificial intelligence presented by Partners Healthcare, main researchers and clinical faculty participants showcased the twelve technologies and areas of the healthcare enterprise which might be maximum in all likelihood to look a major effect from artificial intelligence. AI has made specific contributions in anticancer drug improvement and remedy. It can offer critical insights and data that can’t be discovered through human identity and customize remedies for each cancer patient. It is assumed that AI could be an effective riding force for human most cancer studies and remedy in the future. We trust that AI will carry profound modifications to scientific technology in the future. AI can control the usage of chemotherapy drugs and expect the tolerance of chemotherapy drugs so that it will optimize the chemotherapy regimen. AI can assist medical doctors to make accurate remedy choices, lessen needless surgeries, and assist oncologists to enhance sufferers’ cancer remedy plans. In a recent study, researchers from NYU and NYU Abu Dhabi (NYUAD) report that they’ve evolved a unique artificial intelligence (AI) device that achieves radiologist-level accuracy in figuring out breast cancer in ultrasound images.  

AI as Workforce

Top 10 Robotics Jobs In Faang Companies To Apply For In June

Robotics jobs in FAANG companies are offering lucrative salary packages per annum with key roles

Robotics is thriving in the global tech market at the hands of FAANG-— topmost hi-tech companies across the world. FAANG includes Facebook, Apple, Amazon, Netflix, and Google which are professional in leveraging automation as well as offering automation through robotics in recent times. Thus, FAANG is offering a plethora of opportunities for tech professionals with multiple robotics jobs or RPA jobs with lucrative salary packages per annum. FAANG has gained a high branded status in the robotics domain to offer automation through important robotics jobs. RPA and artificial intelligence are helping these robotics jobs to flourish in the market, despite the myth that robotics will take over human employees’ jobs. Thus, let’s explore some of the top ten robotics jobs in FAANG companies focused on automation and RPA.

Top 10 Robotics Engineer Jobs to Apply for in June 2023

Top 10 Cognitive Robotics Companies to Look Out For in 2023

Top 10 Ingenious Robotic Drone Makers to Lookout for in 2023

Top ten robotics jobs in FAANG companies in June 2023 Product Manager, Robotics at Facebook

Location: Fremont, CA

Responsibilities: It is needed to drive product vision and direction for data centre automation with robotics while gaining a deep understanding of the pain-points and needs of product designs. The manager should develop a practical product roadmap to push the boundaries of industrial robotics with the creation of comprehensive product specifications and artifacts.

Qualifications: The candidate must have more than three years of experience in industrial robotics and factory automation systems as well as over five years in product management. There should be sufficient technical experience with software products, analytical tools, as well as design.

Mechanical Robotics Engineering Lead at Facebook

Location(s): Menlo Park, CA/Boston, MA/Remote, US

Responsibilities: The lead must design complex electromechanical systems, develop and evaluate candidate system architectures, as well as select and size the machine elements and optimal materials for application based on critical parameters. It is essential to complete static and dynamic structural analysis, 3D model and 2D drawing generation, and configuration management.

Mechatronics Engineer (Process Automation) at Facebook

Location: Redmond, WA

Responsibilities: The role is to develop precision optical components for AR/VR devices from concept to mass production, drive external vendor collaborations, identify automated solutions with manufacturing processes on optical components, as well as drive integration of manufacturing equipment for end-to-end optical manufacturing processes.

Qualifications: There should be a Master’s degree in Mechanical, Robotics, and Mechatronics Engineering with more than five years of experience in manufacturing and RPA. The candidate must have experience in embedded control electromechanical systems, motion controls, digital controls, CAD tools, statistical analysis software, and many more.

Location: Hyderabad, Telangana

Responsibilities: It is essential to build systems for operation control related to software networking functions, automation tools for streamlining the operation of software services, and tools for managing the operations of 3rd party software.

Qualifications: The candidate should have more than five years of experience in large-scale networking environments, internet routing protocols, and network operating systems. There should be also over three years in a Linus/Unix environment as well as in automation through either GO or Python programming language.

Robotics Engineer, Mechatronics at Amazon Robotics

Location: Westborough, MA

Responsibilities: The robotics engineer must execute product designs to ensure a smooth product launch while writing requirements, functional specifications, and functional test procedures. It is needed to design and adapt holistic hardware solutions for ambiguous problems with fluid requirements as well as exhibit role model behaviours of thorough engineering analysis.

Qualifications: The candidate must have a BS or MS in mechanical engineering, robotics engineering, and any other technical field with an established background in robotics. There should be sufficient hands-on experience in CAD, embedded or firmware programming tools, crafting proof-of-concept models, logistical tradeoffs for hardware systems, and many more.

Robotics Hardware Engineer, Robotics AI at Amazon

Location: Berlin

Responsibilities: The robotics engineer should design first of a kind robotic gripper for cluttered and constrained environments, write requirements and functional specifications, design verification plans, and functional test procedures with thorough engineering analysis.

Qualifications: The candidate must have a BS/MS/Ph.D. in Mechanical Engineering with more than four years of experience in designing robotic hardware, mechanical products, proof-of-concept models, Agile product lifecycle management software, CAD, and many more.

Sr. Robotics Hardware Engineer, Robotics AI at Amazon

Location: Seattle, WA

Responsibilities: The senior robotics engineer must improve and maintain existing product designs to ensure a smooth production transition of design changes. It is necessary to write requirements and functional specifications, design verification plans, and functional test procedures.

Qualifications: The candidate must have an MS in mechanical engineering or any technical field with more than five years of practical experience in robotics, coding, systems architecture, CAD, proof-of-concept models, rapid prototyping equipment, and many more.

Senior Data Engineer, Infrastructure Data Science and Engineering at Netflix

Location: California

Responsibilities: The duties include engineering efficient and scalable data pipelines to process structured and unstructured data while developing subject-matter expertise. It is needed to understand challenges and make suitable recommendations by maintaining existing datasets and pipelines.

What If All The World Ran Linux?

There’s a cartoon that made the rounds in the Linux community a few years back that I often think of at this time of year.

It’s a joke, of course, made funny by the fact there may just be the tiniest hint of truth underlying it, at least among some people. The reason I think of it at year’s end, though, is that mainstream adoption of Linux is generally considered a goal by many in the free software community, and it’s an oft-cited hope for every new year.

There are, of course, numerous critics who say it will never happen, at least on the desktop. I disagree. Either way, however, it’s fun to think it through, in both a serious and a not-so-serious way: What if everyone ran Linux?

1. Malware Would Take a Hit

Certainly the biggest effect of widespread Linux adoption would be that today’s Windows-dominated monoculture would disappear, replaced instead by a diversity of Linux distributions.

That, in turn, would make life very difficult for malware creators. Sure, they may begin focusing their efforts on Linux rather than Windows, but instead of having one, huge, slow-moving easy target, it would be a matter of trying to kill 100 birds with one stone.

In Linux, the way permissions are assigned also means that the potential damage an individual piece of malware could achieve is much more limited. Would malware creation still be as profitable? I’m not so sure.

Yes, it’s still a good idea to use antivirus software when you’re running Linux, and the increased focus on Linux may make that more necessary.

That would be even more true, of course, because of the openness of Linux’s code, which enables users to identify and fix vulnerabilities themselves, as they arise. No more waiting for security bulletins or fixes in a “Patch Tuesday” event far down the road.

3. Less Unplanned Downtime

Between the malware problems and other built-in weaknesses, Windows tends to be associated with a lot of unplanned downtime.

4. Worldwide Savings

As companies and individuals the world over stop having to pay exorbitant licensing fees and other software costs, they’d find themselves with surplus cash on their hands as well.

Imagine what could be achieved with the hundreds of dollars per desktop that would be saved as a result–not to mention all the many thousands more from not having to keep up with the hardware upgrade treadmill Windows requires.

Finally, if everyone were using Linux, the software would just keep getting better, as even more people around the world would be motivated and able to suggest and contribute improvements.

Rather than companies like Microsoft or Apple trying to guess what users want and then delivering it down the road with varying degrees of success, users themselves would have a hand in shaping the software they use and making it what they want.

I certainly don’t mean to suggest that Linux is perfect; no operating system is. But given the many tolls Windows takes on its users, the world would clearly be a very different place without it. If everyone used Linux instead, there are many ways in which it would be a better place.

Top 10 Web 3.0 Cryptocurrencies That Will Take Over Bitcoin In Future

Web 3.0 cryptocurrencies are decentralized projects that use smart contracts and automate transactions over the internet.

At present, Blockchain technology is gaining heavy momentum and it is one of the most special areas wherein it is speculated to show progress is the internet. As Web 3.0 networks will operate through decentralized protocols — the founding blocks of blockchain and crypto technology — we can expect to see a strong convergence and symbiotic relationship between these three technologies and other fields. Web 3.0 cryptocurrencies are decentralized projects that use smart contracts and automate transactions over the internet. This article features the top Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Helium

Helium is a decentralized blockchain-powered network for IoT devices that utilizes a global network of low-energy wireless hotspots to broadcast data through radio waves to be recorded in the blockchain. The network uses a new algorithm, known as the proof-of-coverage consensus, to validate that the hotspots are providing legitimate wireless coverage. 

Chainlink

LINK is a blockchain abstraction layer that enables universally connected smart contracts. Not only does it present the ideal combination of a project with the right technology behind it, but it also has enough resources for further development. The best part: Chainlink possesses an excellent community. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Filecoin (FIL)

Filecoin is like the filing cabinet for Web 3.0. It is a decentralized storage network that serves as a secure alternative to centralized cloud storage and a passive way of making money. Filecoin can be used to store almost any type of data, be it audio files, videos, still images, or text. It also claims to be secure enough to store more sensitive information like private company information and records.

Audius

Audius is a decentralized music streaming platform that aligns the interest of artists, fans, and node operators with its native token, AUDIO. The token can be used for governance, staking, and incentivizing artists’ earnings. Audius also rewards its creators by featuring their music in the weekly trending lists. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

Flux (FLUX) 

Flux aims to provide the groundwork for the developers to build out this new iteration of the web. With the help of Flux, users can develop Web 3.0 applications and decentralized projects and then deploy them across various networks. This becomes especially efficient with the help of FluxOS – a decentralized operating system made just for Flux users. It also offers blockchain-as-a-service (BaaS), which is very similar to SaaS.

Theta (THETA)

Theta aims to be the next-generation entertainment and video platform whose blockchain is powered by its users. It aims to facilitate the delivery of decentralized video for users, with enterprise validator nodes from Sony, Google, Samsung, and other companies. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

ZCash (ZEC)

ZCash is one of the first privacy-built cryptocurrencies, which was developed by a group of scientists from John Hopkins, MIT, and other eminent academic and scientific institutions. Interestingly, this privacy coin was originally built on the Bitcoin codebase with the only difference of being a privacy feature option.

Livepeer

Livepeer is a decentralized video streaming network built on the Ethereum blockchain. It is the secure and most cost-effective participation of the various actors in the streaming ecosystem. It mainly addresses two goals-distribution of real-time video and encouraging network participation. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future. 

Kadena

Kadena is a scalable PoW layer-one blockchain protocol that is stated to be capable of processing up to 4,80,000 transactions per second (TPS), thanks to the use of branded chains. Unlike the top PoW cryptocurrency Bitcoin, Kadena offers smart contract capabilities similar to those in Ethereum.

Kusama

Investing in Kusama is like taking a detour via Polkadot and is set to carry out due to its proven records for the success of parachains. Just like DOT, developers compete to get a spot on the Kusama network through parachain auctions. Experts consider Kusama a profitable short-term investment as the network is older and stronger. It is one of the best Web 3.0 cryptocurrencies that will take over Bitcoin in the future.

10 Most Trusted Fintech Companies In India

The fintech market is witnessing a significant change on the back of growing digital penetration in India. Fintech in the banking and financial sector offer services in the form of products, applications, processes and models. The use of smartphones for mobile banking and investing services is providing an impetus to the market. According to Paytm is India’s largest mobile commerce platform which provides services like mobile recharge and bill payment utility. In a very short span of time, Paytm has scaled to more than 60 million orders per month and has become full market place to consumers on its mobile app. It has more than 200 million registered users.  

Launched in 2024, Bharat Interface for Money is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. This app registers your bank account and set up a UPI PIN for the bank account. The mobile number is the payment address (PA), and one can simply send or receive money from family, friends, and customers through this.  

It offers mobile payment services to enterprise clients. The company also allows merchants to accept plastic card payments through phones, thus getting rid of the cost of integrating POS. At present, the company has over 30,000 merchants, which includes McDonald’s, Reliance Life and Asian Paints. Its investor includes Meru Capital, Matrix Partners India, DSG Consumer Partners, OLA and US hedge fund Falcon Edge Capital.  

Unified Payments Interface (UPI) is an instant real-time payment system which facilitates inter-bank transactions. UPI is built over Immediate Payment Services (IMPS) for transferring funds. Unlike other traditional mobile wallets, it doesn’t store money. On the contrary, it directly withdraws and deposits funds directly from the bank accounts whenever a transaction is requested. It uses Virtual Payment Address, Account Number with IFS Code, Mobile Number with MMID, and Aadhar Number, or a one-time use Virtual ID.  

Headquartered in Bangalore, Capital Float is the trade name of Zen Lefin Pvt. Ltd., a non-banking finance company (NBFC). It is an online platform that offers working capital finance to SMEs. The platform provides flexible short-term loans that can be used to service new orders, optimize cash cycles or purchase inventory. Borrowers can apply online and choose desired payments terms and get funds in their bank account in one-week times with minimal hassle.  

Founded in 2009, MobiKwiK provides a mobile phone-based payment system and digital wallet to more than 2,50,000 online and offline avenues. Customers can add money to an online wallet that can be used for payments. The company launched its MobiKwiK Lite mobile app in November 2024, designed for users of older 2G mobile networks and for those in areas with poor internet connectivity.  

Faircent is among the pioneers in the peer-to-peer lending marketplace for loans. With their partnership and technology platform, they enable lenders and borrowers to interact amongst themselves to adopt a mutually agreeable rate for their transactions. chúng tôi was listed in the 2024 NASSCOM Emerge 50 in 2024.  

Oxigen is a trusted brand in the payment space and boasts of a wide retail network across India. It runs Oxigen wallet which is the first and largest payment solution provider in India. The company has over 20 million users and a network of 15,000 online and offline merchants, 170+ Banks and 15,000 modern trade partners across the country.  

Lendingkart is a non-deposit taking Non-Banking Financial Company (NBFC), providing SME lending in India. It offers a credit evaluation platform that helps small businesses and entrepreneurs with working capital finance. It uses big data scoring and analytics to evaluate a customer’s business.  

The company provides mobile point-of-sales payment solutions in India. It offers card swipe device and a mobile application for businesses and financial institutions to complete various financial transactions with their customers. Ezetap’s solution features remote pay, universal payment acceptance, multi-bank EMI, on-us routing, multi-TID, smart charge slips etc.  

Conclusion

Nowadays banks do not see fintech companies as disruptors anymore. They are more like partners who paired-up to take on the challenges of a new digital India. This integration combines the strengths of both the administration of fintech with the strength and reach of traditional banking.

The fintech market is witnessing a significant change on the back of growing digital penetration in India. Fintech in the banking and financial sector offer services in the form of products, applications, processes and models. The use of smartphones for mobile banking and investing services is providing an impetus to the market. According to Times of India , Digital payment transactions reached a number of 11.62 billion between April and November 2023, and is expected to increase to 18 billion in the coming fiscal year. It became possible because of the combination of cheap mobile data rates and the technological ease of digital payments. These numbers also boiled largely down to the initiatives by the government to boost financial inclusion and promote a cashless society. Fintech Adoption Index (2024) , a survey of more than 22,000 digitally active consumers ranks India at second place (52%) behind China (69%) in terms of percentage of digitally active population. Keeping in mind the speed with which India’s payment landscape is developing, it won’t come to surprise if India takes over China in the not-so-distant future. 2023 was indeed a revolutionary year in the fintech space and one can expect the same in the upcoming year. With over 400 companies including more than 200 start-ups, India is rapidly emerging as a fintech products hub. Considering the pace of development, we bring you a list of 10 most trusted fintech companies in India that are riding high on the fintech wave.Paytm is India’s largest mobile commerce platform which provides services like mobile recharge and bill payment utility. In a very short span of time, Paytm has scaled to more than 60 million orders per month and has become full market place to consumers on its mobile app. It has more than 200 million registered users.Launched in 2024, Bharat Interface for Money is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. This app registers your bank account and set up a UPI PIN for the bank account. The mobile number is the payment address (PA), and one can simply send or receive money from family, friends, and customers through chúng tôi offers mobile payment services to enterprise clients. The company also allows merchants to accept plastic card payments through phones, thus getting rid of the cost of integrating POS. At present, the company has over 30,000 merchants, which includes McDonald’s, Reliance Life and Asian Paints. Its investor includes Meru Capital, Matrix Partners India, DSG Consumer Partners, OLA and US hedge fund Falcon Edge Capital.Unified Payments Interface (UPI) is an instant real-time payment system which facilitates inter-bank transactions. UPI is built over Immediate Payment Services (IMPS) for transferring funds. Unlike other traditional mobile wallets, it doesn’t store money. On the contrary, it directly withdraws and deposits funds directly from the bank accounts whenever a transaction is requested. It uses Virtual Payment Address, Account Number with IFS Code, Mobile Number with MMID, and Aadhar Number, or a one-time use Virtual ID.Headquartered in Bangalore, Capital Float is the trade name of Zen Lefin Pvt. Ltd., a non-banking finance company (NBFC). It is an online platform that offers working capital finance to SMEs. The platform provides flexible short-term loans that can be used to service new orders, optimize cash cycles or purchase inventory. Borrowers can apply online and choose desired payments terms and get funds in their bank account in one-week times with minimal hassle.Founded in 2009, MobiKwiK provides a mobile phone-based payment system and digital wallet to more than 2,50,000 online and offline avenues. Customers can add money to an online wallet that can be used for payments. The company launched its MobiKwiK Lite mobile app in November 2024, designed for users of older 2G mobile networks and for those in areas with poor internet connectivity.Faircent is among the pioneers in the peer-to-peer lending marketplace for loans. With their partnership and technology platform, they enable lenders and borrowers to interact amongst themselves to adopt a mutually agreeable rate for their transactions. chúng tôi was listed in the 2024 NASSCOM Emerge 50 in 2024.Oxigen is a trusted brand in the payment space and boasts of a wide retail network across India. It runs Oxigen wallet which is the first and largest payment solution provider in India. The company has over 20 million users and a network of 15,000 online and offline merchants, 170+ Banks and 15,000 modern trade partners across the country.Lendingkart is a non-deposit taking Non-Banking Financial Company (NBFC), providing SME lending in India. It offers a credit evaluation platform that helps small businesses and entrepreneurs with working capital finance. It uses big data scoring and analytics to evaluate a customer’s chúng tôi company provides mobile point-of-sales payment solutions in India. It offers card swipe device and a mobile application for businesses and financial institutions to complete various financial transactions with their customers. Ezetap’s solution features remote pay, universal payment acceptance, multi-bank EMI, on-us routing, multi-TID, smart charge slips etc.Nowadays banks do not see fintech companies as disruptors anymore. They are more like partners who paired-up to take on the challenges of a new digital India. This integration combines the strengths of both the administration of fintech with the strength and reach of traditional banking. Supporting this, the number of consumers are increasing who are ready to incorporate technological innovations in their daily lives, mobile data is getting cheaper, government regulations are leading the charge and private players are making major investments.

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