Fintech

As RBI’s CBDC pilots mature, new real-world use cases span MSME finance, cross-border settlements, asset tokenisation, and direct benefit transfers.

India’s market regulator is one of the most progressive in the world: Groww’s Lalit Keshre on recent F&O curbs

Groww announced the IPO price band of Rs 95 to Rs 100, which values the company at around Rs 62,500 crore ($7.1 billion)

Razorpay Curlec, NPCI International partner to enable UPI payments in Malaysia

Over one million Indian tourists had visited Malaysia in 2024, spending over Rs 11,000 crore, underscoring the potential for UPI to simplify payments, reduce foreign exchange cost and improve merchant acceptance.

80% of UPI volumes concentrated with two app providers, fintech body writes to FinMin

Industry body warns of duopoly as UPI processing reaches 19.6 billion transactions in September

General Atlantic pumps $600 mn into PhonePe ahead of IPO

The latest round, aimed at helping employees meet ESOP-related tax obligations, doubles General Atlantic’s stake to 9% as PhonePe gears up for a $1.35 billion public listing.

IPO-bound Groww enables captive algo trading with 'Groww Cloud'

Even as SEBI has been curbing derivatives trading to protect retail investors, the segment is key to the broking industry in revenue

PB Fintech Q2 net profit jumps 164% to Rs 135 cr, revenue rises 38%

Sequentially, the firm reported a 20% growth in revenue while PAT improved by almost 59%.

Zerodha to roll out Fixed Deposits on Coin app soon; ties up with Blostem

The Bengaluru-based discount broker’s idea behind FDs is to offer fixed-income products along with low-risk long-term investment products on the Coin platform

Optimo Capital raises Rs 150 crore in Series A round led by founder Prashant Pitti, Blume Ventures, Omnivore

The NBFC, which focuses on credit-starved MSMEs, also secured an additional Rs 110 crore in debt from IDFC and Axis Bank

Zerodha to offer investment in US stocks in next quarter through GIFT City

'We are working on it, and we should have something in the next quarter. It is a product launch,' CEO Nithin Kamath has said

‘Excellent hospitals, poor claims’: PB Fintech’s Alok Bansal says India’s insurance system needs urgent attention

Bansal said misaligned incentives make the insurance claims process subpar despite India’s medical excellence, as PB Fintech expands into healthcare with its new venture PB Healthcare.

UPI mapper rule to promote interoperability triggers slugfest among payment apps, chaos for consumers

In the end, NPCI blinked. Fierce one-upmanship among UPI apps forced a rollback, restoring uneasy peace in India’s payments ecosystem

AI in BFSI still in early experimentation stage: Perfios CEO Sabyasachi Goswami

Despite growing buzz around AI in banking, Goswami says most financial institutions remain in the testing phase, with true enterprise-level adoption still a few years away.

Centre considering new classification code to improve tracking of India's growing fintech space

At present, there is no central database of fintech companies in India. The RBI only tracks entities it directly licenses, while MCA does not have a separate classification at the time of company registration.

India’s fintech revolution has expanded access to credit: FM Sitharaman

Finance Minister Nirmala Sitharaman highlighted fintech’s role in financial inclusion and digitising credit access, while also emphasising India’s self-funded green transition amid global energy challenges.

NPCI-backed BHIM clocked Rs 4 crore revenue, Rs 68 crore loss in FY25; transactions up four-fold after spinoff

NPCI’s move to spin off BHIM has yielded results, with the app quadrupling its transactions to 100 million within a year

AI fever, regulation calm, and FOMO in the air: What really went down at GFF 2025

The three-day event in Mumbai saw AI dominate conversations across panels and product launches, while fintech founders, regulators, and banks signalled a more measured phase of collaboration after last year’s wave of policy changes.

Digital payments hit fiscal's lowest levels in September as consumers likely waited for GST cuts

The exception to this trend was online credit card transaction value, which propelled by ecommerce festive sales, saw September month processing record-high transaction value

Nandan Nilekani-led Finternet use cases to go live in 2026

“Next year, we will have live examples of Finternet in multiple sectors, in multiple countries, actually delivering value, and the business models and commercial models will emerge," Nilekani said.

Paytm to roll out AI-powered point-of-sale devices across merchant network

The company is developing its own lightweight AI model trained on merchant data to power personalised business insights.

NPCI rolls out UPI payments with fingerprint and face authentication instead of PIN

RBI has been nudging all financial institutions to follow different second-factor authentication instead of PIN and OTPs, such as behavioural risk patterns and biometrics, over other means as of now.

The world is finally taking us seriously: Pine Labs CEO says India fintech ready for global export

Pine Labs CEO said that while India may not yet be taken seriously in emerging technologies like artificial intelligence, the country’s fintech story is commanding attention.

Regulators need to be nimble with AI experimentation, says NITI Aayog CEO

While there is a vast scope to innovate using AI, this would also mean 'constant tussle' between regulators and the fintech sector, said BVR Subrahmanyam

GFF 2025: FM Sitharaman's four directives to fintech firms

Regulations too must evolve ensuring that the fintech revolution remains secure, responsible and sustainable for the long run, Sitharaman said

Phishing attacks getting sharper with AI, says CERT-In director Sanjay Bahl

Bahl noted that continuous cybersecurity audits will become essential from 2026