
KOHO Becomes a Unicorn, Eyes Canadian Banking License
Canadian fintech KOHO achieves unicorn status with a C$130M raise, valuing it at C$1.33B. The company now aims for a federal banking license to challenge the Big Five.

Visa’s Pismo: Real-Time, AI-Driven Payment Infrastructure
Visa’s Pismo revolutionizes payment infrastructure, enabling financial institutions to adopt real-time, AI-driven systems for enhanced personalization and immediacy.

Future FinTech Acquires 20% of Changshida for AI Expansion
Future FinTech Group invests $6.46M for a 20% stake in Xi’an Changshida, enhancing its AI capabilities in healthcare and smart city solutions.

Navigator Launches gCELL: New Eucalyptus Pulp Brand
Navigator Company unveils gCELL, a new global pulp brand built on 70+ years of Eucalyptus globulus expertise, unifying its business with innovation and sustainability.

India’s $7 Trillion Economy: The Crucial Role of Mid-Sized Firms
Renuka Ramnath stresses the need for stronger mid-sized companies and alternative assets to propel India towards a $7 trillion economy, addressing current GDP challenges.

Coupa & Rossum: AI Revolutionizes Spend Management & AP
Join Coupa & Rossum’s webinar on June 17 to discover how AI and a unified model transform spend management, boosting AP visibility and control.

Canada Scraps Rights Watchdog Amid US Forced Labor Pressure
Canada dissolves its human rights watchdog, CORE, citing ineffectiveness, as US pressure mounts over forced labor concerns. New legislation targets goods made with slave labor.

PhonePe Leads UPI in May with 10.73 Billion Transactions
PhonePe processed 10.73 billion UPI transactions in May, capturing 46.3% market share as the overall UPI ecosystem hit 23.2 billion transactions.

Midsize Companies: AI Promise vs. Integration Challenges
Midsize businesses see AI’s potential but face integration and cybersecurity hurdles. A Netrio report reveals adoption gaps despite high expectations.

Boost Sales with Uncertainty: Chicago Booth Study
Chicago Booth research reveals the ‘uncertainty spillover effect,’ showing how companies can boost sales by making deals more appealing with strategic randomness.

Current Secures $80M Series E, Reaches $1.5B Valuation
US FinTech Current raises $80M Series E, achieving a $1.5B valuation. Funds will drive AI innovation and expand banking, payments, and credit services, targeting 2026 profitability.

Razorpay Files for $600M IPO, Targeting 2026 Debut
Indian fintech unicorn Razorpay has confidentially filed for a $600 million IPO, aiming for a market debut by late 2026. Learn more about their plans.

Sapphire Foods, Devyani Merger Clears Exchanges, NCLT Next
Sapphire Foods India and Devyani International’s merger scheme receives ‘no objection’ from NSE and ‘no adverse observations’ from BSE, advancing to NCLT review.

Nuvei Acquires Payoneer for $2.75B in All-Cash Deal
Canadian fintech Nuvei acquires Israeli firm Payoneer for $2.75 billion in an all-cash deal, offering shareholders a 21% premium. Learn more about the acquisition.

CMRL Pay-Off Case: ED Questions MD’s Daughter
ED questions CMRL MD’s daughter in a money-laundering probe linked to alleged payments to a firm associated with Pinarayi Vijayan’s daughter.

Vedanta Demerges 4 Companies on BSE, NSE for Value Unlock
Vedanta Group lists four demerged companies on BSE & NSE. Strategic move aims to unlock value, sharpen focus, and create sector leaders, aligning with India’s economic growth.

Huawei Cloud Powers Egypt’s FinTech Boom with AI & Local Cloud
Huawei Cloud accelerates Egypt’s FinTech sector with advanced AI, cloud, and security. Its 2024 local cloud region ensures low latency and data sovereignty, driving innovation.

Clay Craft India IPO: ₹110.11 Cr Issue Opens June 17
Clay Craft India’s IPO opens June 17, 2026, aiming to raise ₹110.11 crore. Priced at ₹193-203 per share, it will list on NSE SME.

Veefin Appoints Riddhi Dutta as CRO for Global Revenue Growth
Veefin, a supply chain finance tech provider, appoints Riddhi Dutta as Chief Revenue Officer to spearhead global revenue, sales, and partnership strategies.

Bhansali Engineering Polymers Investor Meeting June 16
Bhansali Engineering Polymers (BEPL) to host investor and analyst meetings on June 16, 2026, to discuss business developments in line with SEBI norms. No price-sensitive information will be shared.

The Trade Desk & Publicis Resolve Ad-Tech Fees, Renew Partnership
The Trade Desk and Publicis have resolved their ad-tech fee dispute and renewed their partnership, boosting investor confidence and marking a significant industry turning point.

Kraken Crypto Exchange Boosts Development with OpenAI Codex
Payward, operator of Kraken crypto exchange, leverages OpenAI Codex to accelerate development, saving months and enhancing innovation in the competitive fintech landscape.

Yuno & Onafriq Partner for Seamless African Merchant Payments
Fintechs Yuno and Onafriq partner, simplifying global merchant entry into Africa’s payment networks with a single API for pan-African expansion.

Razorpay Files Confidentially for India IPO
Fintech leader Razorpay has confidentially filed for an IPO with SEBI, aiming for a $5-6 billion valuation, signaling a major shift in India’s fintech landscape.

Allianz Leads Bid for HSBC Life Singapore: US$2 Billion Deal?
Allianz SE is reportedly frontrunner in the race to acquire HSBC Life Singapore, with a potential valuation up to US$2 billion. HSBC’s strategic review aims to simplify global operations.

SEBI Approves IPOs for Casagrand, Bonfiglioli & More
SEBI greenlights IPOs for Casagrand Premier Builder, Bonfiglioli Transmissions, and two other companies between June 8-12, 2026. Details inside.

Razorpay Files IPO Papers with Sebi, Eyes $600M-$700M Raise
Fintech giant Razorpay has confidentially filed its DRHP with Sebi for an IPO, aiming to raise $600M-$700M at a $5B-$6B valuation. Learn more about their strategic move.

MTN & Ant International Launch MoMo Super-App in Nigeria
MTN Group Fintech partners with Ant International to launch the MoMo Super-App in Nigeria, boosting financial inclusion and digital transformation with advanced tech.

AfDB President Sidi Ould Tah: Africa’s New Financial Agenda
AfDB President Sidi Ould Tah is spearheading a new financial agenda for Africa, focusing on domestic capital mobilization and financial reform to drive sustainable development.

China’s Tech & Manufacturing Boom Attracts Global Capital
Discover how China’s economic resilience and focus on advanced manufacturing and tech are drawing significant global capital, boosting its A-share market and ‘new economy’ sectors.