Fintech
Stay updated with the latest fintech news, analysis, and trends
Sindhuja Microcredit Secures $5M Funding Led by Abler Nordic
Sindhuja Microcredit raises $5 million from Abler Nordic, Gawa Capital, and Oikocredit to boost its capital base and fuel business expansion in the microfinance sector.
Digital FDs: Convenience vs. Risk in Online Banking
Discover Digital FDs: explore the convenience of online fixed deposits and weigh the potential risks before investing your savings. Make informed financial decisions.
Paytm Hits Profitability Milestone in FY26
One97 Communications, Paytm’s parent, reports its first full-year profit in FY26, driven by strategic shifts and significant investment income.
ChatGPT: ₹1 Lakh Salary Debt Recovery Plan
Can a ₹1 lakh salary escape debt? ChatGPT analyzes the challenges and outlines a 2-5 year recovery plan with expense cuts and payment restructuring.
CLARITY Act: Crypto Regulation, Banks vs. Firms & Your Digital Wallet
The CLARITY Act is under Senate review, potentially clarifying crypto asset classifications and stablecoin policies, impacting banks, crypto firms, and your digital wallet.
Stablecoins Surge: Amazon, BlackRock & Banks Embrace Digital Dollars
Stablecoins are bridging traditional finance and digital assets, with market projections reaching $2 trillion by 2028. Major players like Amazon, BlackRock, and banks are embracing this trend.
Fintech Startup Parker Files for Bankruptcy, Ceases Operations
Fintech startup Parker, offering corporate credit cards and banking, has filed for bankruptcy and ceased operations. This marks a significant contraction in the fintech sector.
Fi Money Co-founder Sumit Gwalani Exits Amidst Financial Shift
Fi Money co-founder Sumit Gwalani departs after 6 years. The neobanking startup faces financial hurdles and pivots to B2B AI solutions.
BlackRock Launches Stablecoin Funds, Entering Crypto Finance
BlackRock enters crypto finance with two new money-market funds for stablecoin investors, bridging traditional finance and the digital asset ecosystem.
Tencent Sells PB Fintech Stake for ₹805 Cr, Exits PolicyBazaar
Tencent fully exits PB Fintech, parent of PolicyBazaar, selling its remaining 1.05% stake for ₹805.4 crore in a major block deal to institutional investors.
Cars24 Hits EBITDA Profitability Ahead of IPO
IPO-bound Cars24 achieves adjusted EBITDA profitability in Q4 FY26 with ₹20 Crore, signaling strong financial progress ahead of its public debut. International markets also show positive momentum.
InCred and Zepto Advance IPO Plans Amidst Regulatory Progress
InCred Holdings reported a 5% rise in net profit for 9M FY26, while Zepto received SEBI’s approval for its $1 billion IPO, marking significant steps towards public offerings for both companies.
Swiggy’s Q4 FY26: Loss Shrinks 26% to ₹800 Cr as Revenue Surges 45%
Foodtech giant Swiggy reported a significant narrowing of its Q4 FY26 loss to ₹800 Cr, a 26% reduction year-on-year, driven by a robust 45% surge in revenue to ₹6,383 Cr.
Akasa Air Boosts Leasing Power with GIFT City Entity
Akasa Air establishes Akasa Air Leasing IFSC Pvt Ltd in GIFT City, enhancing its aircraft financing and leasing capabilities for greater financial flexibility and cost efficiency.
Square Yards’ Fintech Arm Powers IPO Plans with Record Growth
Square Yards’ fintech subsidiary, Urban Money, drives significant revenue growth and profitability, positioning the proptech firm for a $250-300M IPO by 2027-28.
India Unicorn Tracker 2026: Funding & Investor Insights
Explore the 2026 Indian unicorn tracker: Discover new entrants like Juspay, KreditBee, Skyroot Aerospace, and evolving funding trends. Get valuation insights.
Ola Consumer Hits Free Cash Flow Positivity in H2 FY26
Ola Consumer achieves free cash flow positivity in H2 FY26, marking a major financial milestone after a year of strategic business restructuring and operational shifts.
Gameskraft Cofounders Arrested in ₹1,000 Cr Betting Fraud Probe
India’s Enforcement Directorate arrests 3 Gameskraft cofounders in a ₹1,000 crore betting fraud and money laundering investigation. Learn more about the probe.
EPFO ATM & UPI Withdrawals Coming Soon: EPFO 3.0 Update
EPFO to launch ATM & UPI withdrawals by end of May under EPFO 3.0. Get faster access to your provident fund savings. Learn more!
OnEMI Technology Solutions (Kissht Parent) Lists at 12% Premium
OnEMI Technology Solutions, parent of lending tech startup Kissht, debuts on stock exchanges at a 12% premium, signaling strong investor confidence in the fintech sector.
Skyroot Unicorn Status & Wint Wealth Bond Expansion
Skyroot Aerospace hits $1.1B valuation, becoming India’s first spacetech unicorn. Wint Wealth expands bond offerings, eyeing wealth management growth.
Gusto Hits $1B Revenue, Eyes IPO Readiness
Payroll and benefits leader Gusto surpasses $1 billion in actual revenue, signaling strong financial health and increased readiness for a potential public market debut.
India Banks Warned: AI Risks Emerge
India’s Financial Services Secretary M. Nagaraju alerts banks to emerging AI risks, including advanced models like Anthropic’s Mythos, urging preparedness for new cyber and tech threats.
Kalshi Hits $22B Valuation with $1B Series F Funding
Kalshi, a prediction market startup, secures $1B Series F funding, reaching a $22B valuation. This doubles their worth in just five months.
Paytm Bets on AI for FY27 Growth Post-Profitability
Paytm achieves FY26 profitability and gears up for FY27 by strategically investing in AI, focusing on inorganic growth and AI ventures with a strong cash reserve.
Kissht IPO Success: Investors See Strong Returns in Lending Tech
Kissht’s parent company, OnEMI Technology Solutions, launches IPO, delivering significant returns for early investors like Ventureast and Vertex Ventures in the booming lending tech sector.
InCred Holdings IPO: ₹1,250 Cr Raise Filed with SEBI
InCred Holdings, parent of InCred Financial Services, files updated IPO papers with SEBI to raise ₹1,250 Cr, strengthening its lending operations.
Fairfax India Invests $211M to Boost IIFL Capital Stake to 51%
Fairfax India injects $211M to increase its stake in IIFL Capital to 51%, signaling strong confidence and fueling the financial services firm’s expansion plans.
Indian Startup Pronto Raises Funds from Lachy Groom
Indian mobility startup Pronto secures investment from Lachy Groom after a swift 20-minute pitch, scaling to 26,000 daily bookings in a $18B market.
Corgi Raises $160M Series B, Hits $1.3B Valuation
Insurtech Corgi secures $160M Series B led by TCV, achieving a $1.3B valuation just four months after its Series A. Funding fuels expansion and product development.