Fintech
Stay updated with the latest fintech news, analysis, and trends
RBI Governor: AI to Revolutionize Lending Like UPI
RBI Governor Sanjay Malhotra believes AI can transform India’s lending sector, similar to UPI’s impact on payments. He encourages banks to adopt AI for broader credit access.
Delhi Police Busts ₹15.7 Cr Cyber Fraud Ring Across India
Delhi Police dismantled a pan-India cyber fraud network, arresting 9 individuals involved in scams totaling over ₹15.71 crore, linked to 34 investor complaints.
Bank of India Small Cap Fund Tops 3-Month Returns at 13%
Bank of India Small Cap Fund leads with a 13.0% return in 3 months (Aug 2026). Discover top-performing small-cap and tech funds.
Accel Raises $550M India Fund for AI, Fintech Startups
Venture capital firm Accel closes an oversubscribed $550M India fund, part of a $3.5B global push, targeting early-stage AI, fintech, and advanced manufacturing startups.
Bengaluru Police Use AI VANKI for Multilingual Emergency Calls
Bengaluru Police launch VANKI, an AI translation tool for the ‘Namma 112’ helpline, breaking language barriers for over 10 languages in emergency calls.
Shiprocket IPO: ₹727 Cr Anchor Funding Secured
E-commerce enabler Shiprocket raises ₹727.41 Cr from anchor investors ahead of its IPO launch on August 12, 2026. Details inside.
Vodafone Idea Secures ₹45,000 Cr Funding for 4G/5G Expansion
Vodafone Idea finalizes a major funding deal with an SBI-led consortium for its ₹45,000 crore capex plan, focusing on 4G and 5G network expansion across India.
College Finance Tips: Budgeting, Credit & Student Loans
Navigate college finances with essential tips on budgeting, building credit, and understanding student loans. Secure your financial future starting today.
Apple Pay India Launch Delayed: UPI Integration Pending
Apple Pay’s India launch is set for October, but will initially exclude UPI payments due to regulatory delays. Only Visa & Mastercard credit cards will be supported.
EPFO Digital Upgrades 2026: Simpler PF & UAN Management
EPFO’s 2026 digital reforms simplify PF claims and UAN management with face authentication and faster auto-settlement up to Rs 5 lakh.
GIFT City: India’s Financial Hub Aims for Global Status
GIFT City, India’s financial hub, reaches $111B in assets with 1,200 entities. MD & CEO Sanjay Kaul sees it at an inflection point, poised for global financial gateway ambitions.
India’s Gen Z Debt Surge: RBI Alarmed by BNPL & Credit Card Use
India’s Gen Z and millennials are increasingly using BNPL and credit cards for consumption loans, raising concerns for the RBI about rising household debt.
GIFT City: Global Investments for Indian Investors
HSBC India’s Sandeep Batra explains how GIFT City empowers Indian investors (resident & non-resident) to diversify portfolios globally with access to international products.
Shiprocket IPO: ₹1,617 Cr Issue Opens Aug 12
Shiprocket’s ₹1,617.48 crore IPO opens Aug 12-14, 2026. Price band ₹92-₹97. Potential 28-30% listing gain.
NRI Investment Simplified: GIFT City Fund by The Wealth Company
The Wealth Company launches a US-dollar AIF in GIFT City, simplifying NRI access to India’s mutual fund and ETF market. Invest smarter overseas.
MIDASX & MACG Launch India’s First Mutual Fund Distributor Network
MIDASX & MACG unite over 50 Mutual Fund Distributor Associations to form India’s first network, driving AI adoption and industry collaboration for wealth distribution.
EPFO Scam Alert: Protect Your UAN from Phishing
EPFO warns members about rising online scams targeting UAN, Aadhaar, PAN, and bank details. Learn how to spot fake websites and protect your savings.
Indian Investors Flock to Overseas Equities & Crypto in 2026
Indian retail investors are boosting overseas equity and crypto investments in 2026, seeking diversification amid domestic market challenges. Explore the trends and risks.
Jefferies Adjusts India Portfolio: Adds MCX, Lenskart, Bajaj Finance
Jefferies reshuffles its India equity portfolio, adding MCX, Lenskart, and Bajaj Finance while exiting HDFC Bank. Discover the strategic shifts and outlook.
UPI Levy on Mutual Funds: Investment Costs & Distributor Concerns
New UPI transaction levies threaten mutual fund investments. Discover how potential MDRs could impact platforms, distributors, and investor costs in India.
Paytm Shares Hit 54-Month High on UPI Fee Hopes
Paytm’s parent, One97 Communications, shares surged 10% to a 54-month high of ₹1,598, boosted by Bernstein’s increased target price and potential UPI fee monetization.
Bakkt Q2 2026: $80.8M Net Income Turnaround
Bakkt, Inc. reports an $80.8M GAAP net income in Q2 2026, a major turnaround driven by a $98.5M non-cash gain from Transchem warrants and operational growth.
Wealth Company Launches US Dollar Fund in GIFT City
The Wealth Company introduces a US Dollar Category III AIF at GIFT City, simplifying global investor access to India’s mutual fund and ETF market.
India’s Tier 2/3 Cities Fuel New Investment Wave
Discover how investors from India’s Tier-2 and Tier-3 cities are driving a new investment wave, fueled by rising incomes and digital finance.
UPI Dominates India’s Digital Payments as Cash Declines
India’s digital payment revolution is here! UPI QR codes surge 16.9% while traditional ATMs decline, signaling a major shift in financial infrastructure.
The Wealth Company Launches US Dollar AIF at GIFT City
The Wealth Company introduces its first US-dollar AIF at GIFT City, simplifying Indian market access for global investors by removing FPI registration complexities.
CDs Overtake G-secs in Debt Funds Amid Tax Changes
Bank CDs now lead debt mutual fund holdings, surpassing government securities due to recent tax rule changes impacting long-term investment schemes.
Indian Investors Flock to Overseas Equities & Crypto in 2026
Indian investors are boosting overseas equity and crypto investments, with remittances doubling in May 2026 to $363.6M. Explore the trend.
Future MDR for High-Value Digital Transactions Only: FM
India’s Finance Minister confirms future Merchant Discount Rate (MDR) will target only high-value digital transactions, keeping UPI free for small businesses and consumers.
Nil TDS Certificates: Apply Electronically Under New Indian Tax Rules
India’s Income Tax Dept. now allows electronic applications for nil/lower TDS certificates. Simplify compliance, prevent over-deductions, and avoid future refund claims.