Impact of MDR’s return; KKR veterans to anchor new fund

Happy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in today’s ETtech Morning Dispatch.

Also in the letter:

■ PB Fintech’s Q1 revenue jumps

■ ETtech Done Deals

■ Meta apologises for lapses

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^{UPI apps could chase big-ticket transactions as MDR return looms}