Fintech Sector

Cashfree Payments will waive gateway fees on the first Rs 20 lakh of GMV for new merchants as it aims to double its SMB base to 2 million by the end of FY27

Nilekani made his largest personal commitment to a venture firm as Fundamentum expanded its leadership team and reaffirmed its focus on backing Series B startups

NPCI is developing a Unified Agent Protocol to enable trusted AI agents to make UPI payments, positioning India at the forefront of agentic commerce

The fintech firm expects software-as-a-service products to contribute 40 per cent of revenue over the next 18 months as smaller banks seek greater control over payments, said co-founder Rajesh Londhe

Proptech unicorn Square Yards expects 40-50 per cent revenue growth in FY27, driven by expansion in fintech, AI-led initiatives and broader real estate services

PF Fintech down on block deal buzz: According to reports, Macritchie Investments which held close to a 6.5 per cent stake was planning to offload part of its stake in Friday's trade.

Policybazaar parent will fund its payments arm to support business expansion and set up two DIFC-based subsidiaries for insurance advisory and reinsurance services

The SBI-backed fintech will pilot overseas investment, travel and business-to-business payment offerings this year as it looks to capitalise on rising international transaction volumes

NBFC plans to deploy the funds across clean energy and financial inclusion sectors, with the transaction carrying Orange Certification for gender-positive impact

The fintech major has confidentially filed draft papers with Sebi for an IPO that could raise ₹5,000-6,000 crore and value the company at up to ₹60,000 crore

SmartPages enables businesses to generate customised payment pages using simple text prompts, removing the need for coding or design expertise

Paytm to continue hiring through March 2027, expanding teams across product, technology and AI, with recruitment also planned for senior leadership roles

RBI has recognised Sahamati Foundation as the SRO for the Account Aggregator ecosystem, strengthening governance and trust in open finance

Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO and MD R Doraiswamy said. "Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting a lot of new things being developed by such players," Doraiswamy told PTI in an interview. On the other side, he said, "we are a big financial institution investing in multiple organisations and we also look at strategic investments in any specialised player as a way of improving the returns on the policyholders' funds." Talking about Life Insurance Corporation of India's IT journey, he said, it was one of the early adopters of digital technologies. "We have built our own core competence in developing our business applications by building up a software development centre. We have sizable number of people working in our IT department creati

NPCI has called for a regulatory framework for agentic AI in digital payments while expanding AI-driven UPI and voice-payment use cases

Payments Council of India has engaged independent consultants to draft framework to be submitted to RBI

Growing discomfort among banks over eroding interchange income

AI is becoming part of the core infrastructure of India's fintech ecosystem as firms look to automate workflows, tackle fraud, and improve scalability

With funding tightening and regulators increasing scrutiny on risk, firms must move past the growth-at-all-costs model to survive

Scale in digital public infra can now support broader economic outcomes, with UPI transactions offering a timely, contextual view