Fintech
Stay updated with the latest fintech news, analysis, and trends
MobiKwik Gets RBI In-Principle Nod for Offline Payments
MobiKwik secures RBI’s in-principle approval for an offline payment aggregator license, paving the way for major expansion in India’s offline merchant sector.
Irdai’s 1-Hour Cashless Rule: Claim Rejections Explained
Discover why Irdai’s 1-hour cashless approval rule can lead to claim rejections post-initial approval, causing unexpected costs for policyholders.
India’s Fuel Crisis Hits Ride-Hailing; Cashfree’s Profit Drive
India’s ride-hailing sector faces a major reset due to the crude oil crisis impacting drivers and fares. Fintech firm Cashfree navigates profitability amid tech shifts.
IDFC FIRST Bank Launches Metal Credit Card for Entrepreneurs
IDFC FIRST Bank introduces the FD-backed Business Multiplier Metal Credit Card, offering entrepreneurs a dedicated credit line for business expenses. Streamline your finances!
Fintech Innovation: Apps Empower Indian Teenagers with Digital Payments
A new wave of fintech applications, including Paytm Pocket Money and FamApp, are enabling Indian teenagers to engage in digital transactions without traditional bank accounts, fostering early financial literacy and inclusion.
mChek’s Mobile Payments: India’s Pioneer Before UPI
Discover mChek’s early mobile payment vision in India and why this fintech pioneer failed before the rise of UPI. Learn about the challenges faced.
Madison India Capital Sells ₹357 Cr Stake in Pine Labs
Madison India Capital divests ₹357 Cr stake in fintech firm Pine Labs via a significant block deal, marking a strategic partial exit after years of investment.
ixigo Stock Surges 6% on Doubled Q4 Profit to ₹32 Cr
ixigo’s parent company, Le Travenues Technology, sees shares jump 6% after reporting a 91% increase in Q4 FY26 net profit to ₹32.1 Cr, signaling strong investor confidence.
Scapia Raises $63M, Papacream Expands: Startup & Business News
Travel-fintech Scapia secures $63M led by General Catalyst. Premium ice cream brand Papacream expands D2C. Key startup and business sector updates.
Zepto Eyes ₹11,000 Cr IPO by July, Fuels Quick Commerce Race
Quick commerce leader Zepto plans a massive ₹11,000 Cr IPO by July, aiming to list on Indian exchanges and intensifying competition in the booming quick commerce market.
Swiggy IOCC Bid Fails, Instamart Inventory Pivot Stalled
Swiggy’s bid for Indian-owned status (IOCC) failed shareholder vote, halting its Instamart inventory pivot and impacting quick commerce strategy.
Rishi Gupta Resigns Fino MD & CEO Amid GST Probe
Rishi Gupta resigns as Fino Payments Bank MD & CEO effective May 21 amid ongoing GST investigation. Board found him ‘fit and proper’. Interim leadership appointed.
India’s IT Ministry Moves to Block US Prediction Platforms Kalshi and Polymarket
India’s Ministry of Electronics and Information Technology is set to formally block US-based prediction market platforms Kalshi and Polymarket, intensifying its crackdown on online betting and real-money gaming.
Scapia Raises $63M to Boost Travel Fintech
Travel fintech startup Scapia secures $63 million led by General Catalyst to enhance its product suite, expand its customer base, and accelerate AI-first development.
Mutual Fund Facts: From Compliance to Investor Playbooks
Mutual fund factsheets are evolving beyond compliance. Discover how they’re becoming dynamic investor playbooks for informed, digital-first decision-making.
General Catalyst Invests $63M in India’s Scapia
General Catalyst leads $63M funding for Scapia, an Indian startup merging travel booking with financial services, signaling strong growth in India’s fintech and travel payments sector.
EPFO UPI Withdrawals: Faster PF Fund Access Coming Soon
EPFO is set to launch UPI withdrawals, allowing millions of members to access their PF funds faster by transferring money directly to their bank accounts.
Fed’s Fintech Account Plan: Innovation Meets Risk Management
The Federal Reserve proposes a new fintech account to boost financial innovation while ensuring stability and managing risks in the U.S. payment system.
Clouted Raises $7M Seed Funding for Viral Video Creation
Clouted secures $7M seed funding led by Slow Ventures to simplify viral short video creation, empowering creators and businesses with innovative tools.
Primer Raises $100M Series C for AI-Powered Global Payments
Fintech startup Primer secures $100M Series C funding to enhance its AI-driven payment infrastructure and expand aggressively into the US market.
Ocean Raises $28M for AI Phishing Defense
Ocean secures $28M led by Lightspeed Venture Partners to combat advanced AI-driven phishing attacks with its agentic email security platform.
Oxyzo Acquires GoldenPi for ₹42.4 Cr, Expands into Wealthtech
Fintech unicorn Oxyzo acquires debt platform GoldenPi for ₹42.4 Cr, marking a strategic expansion into the retail wealthtech and fixed-income investment segments.
Zaggle Promoter Boosts Stake Amid Stock Dip
RAN Ventures, a Zaggle promoter entity, increases shareholding via open market purchases, signaling confidence despite recent stock price declines. Learn more.
BlackBuck Q4 FY26: Profit Drops 77% Despite Revenue Surge
Digital trucking platform BlackBuck reports a 77% profit drop to ₹66 Cr in Q4 FY26, even as revenue climbs 52%. Explore the financial results.
Investment Platform Trackk Secures $3.7 Million Seed Funding to Bolster Broking Infrastructure
Investment and stock broking platform Trackk has raised $3.7 million in a seed funding round led by Lightspeed, aiming to enhance its broking infrastructure and expand product capabilities.
AI Transforms Credit Risk: Predictive Early Warning Systems
Discover how AI-powered early warning systems are revolutionizing credit risk management for lenders, enabling proactive identification and intervention with real-time data analysis.
Jana SFB Raises ₹728 Cr; Venu, Lohia Firms to Buy Stakes
Jana Small Finance Bank secures ₹728 crore via equity sales, with Venu and Lohia firms acquiring stakes as it eyes a universal banking license.
NPCI’s Unified Soundbox: Simplifying Merchant Payments in India
NPCI is launching a unified soundbox infrastructure for UPI payments, aiming to streamline acceptance and reduce hardware for merchants across India.
MobiKwik’s Lending Pivot: Tackling Payment Revenue Stagnation
MobiKwik faces stagnant payment revenue despite GMV & UPI growth. Explore their strategic shift to lending and NBFC ambitions for future success.
HDFC AMC Confirms Cyber Incident, Takes Action
HDFC AMC confirms a cyber-security incident impacting IT systems. The company is assessing the breach and implementing containment measures to ensure minimal business disruption.