Fintech Sector

Fino Payments Bank reports a ₹34.6 crore loss in H1FY27 as revenue falls 25 per cent, while Q2 loan referral disbursals surge 286 per cent amid preparations for its SFB transition

The app marketplace, now present on more than 200 million devices through OEM partnerships, is adding gift cards, top-ups and a webstore as it seeks to broaden its reach among consumers and developers

At the Business Standard BFSI Insight Summit 2026, experts said the next phase of mutual fund growth will depend on better investor outcomes, innovation, and rising incomes

The new facility allows users to open government-backed NPS accounts digitally with contributions starting at Rs 250, using existing bank KYC details and one-time OTP authentication

Sahamati has deferred the new pricing model's rollout from November 1 to December 1, giving financial institutions another month of free data access amid requests for postponement

Indian fintech companies raised USD 2.2 billion in January-September 2026, up 14 per cent from a year earlier, even as the number of funding rounds fell 41 per cent, with five deals of USD 100 million or more making up nearly half the total, according to Tracxn. Funding in the first nine months of 2025 stood at USD 1.9 billion. The number of rounds dropped to 153 from 260 a year ago, the data intelligence platform said in a report. This year's funding is still only about 40 per cent of the peak of USD 5.5 billion recorded in the first nine months of 2021. The five largest rounds together brought in about USD 1.1 billion. CRED's USD 540 million Series H round in June, backed by Meta, alone accounted for about a quarter of all funding. The others were KreditBee's USD 220 million Series E in April, Weaver's USD 103 million Series B in March, Slice's USD 100 million Series D in September and Navi's USD 100 million Series C in August. Late-stage funding, which includes Series C and lat

According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.

Upasana Taku bought 1.07 lakh MobiKwik shares in two open-market transactions at about ₹198-199 apiece, taking her holding in the fintech firm to 80.65 lakh shares

Block deal alert: A combined 112 million equity shares representing 9.74 per cent of total equity of Pine Labs changed hands on the NSE and BSE till 11:34 AM on Tuesday.

Fintech stocks react to MDR news: Paytm, Pine Labs and One MobiKwik Systems decline up to 13% during the week, recover on Friday. Here's why the tech analyst remains bullish on Paytm and Pine Labs.

UPI MDR has sparked a debate among major fintech players, with some calling it necessary for sustainability while others question the cost burden on merchants and businesses

India's fintech footprint is expanding, but a sharp funding gap and slowdown in new startups threaten to limit the sector's next phase of growth.

India's leadership in real-time payments could foster several billion-dollar fintech companies capable of serving global markets, a top Razorpay official said on Wednesday. While speaking during a session at Global Fintech Fest, Razorpay CEO Harshil Mathur cited the emergence of big tech from the US, like Google, Amazon and others, because of the country's leadership in the internet, saying that similarly, the fintech ecosystem in India can be leveraged by local companies to emerge as global majors. "We feel proud that 49 per cent of all real-time payments in the world are happening through India, and it's great. But I hope that other parts of the world capture a lot of the growth. "Real-time payments are going to create massive opportunity for Indian companies to go and capture their growth. I believe a lot of large multi-billion dollar companies could come out of India because they'll be able to capture their growth in other parts of the world," he said. Mathur said India has a .

India growing at 7.8% gives the world a new sense of confidence, he said

AI could take India's financial system beyond simply processing transactions, helping assess borrowers, detect fraud, tailor financial products and eventually make payments on behalf of consumers

In the past month, the stock price of Paytm outperformed the market by surging 39 per cent from a level of ₹1,236.20 on July 24, 2026.

On completion of a decade of the Unified Payments Interface, Prime Minister Narendra Modi on Tuesday hailed it as a major turning point in India's digital payment journey and said its sheer scale is something every Indian must be proud of. The UPI was launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI). The UPI has emerged as the backbone of India's digital payments ecosystem and a critical driver of financial inclusion. "A decade ago, UPI was rolled out, marking a major turning point in India's digital payments journey. The sheer scale and reach of UPI are something every Indian must be proud of," Modi said in a post on X. The prime minister also asked people to share with him their UPI experience and how it impacted the life. Over a decade of operations, the UPI has demonstrated extraordinary scale and momentum in the country. Annual transaction volume expanded from just 1.78 crore in .

India's data-protection rules are narrowing fintech's regulatory arbitrage, raising compliance costs while creating new opportunities in regtech, cyberrisk and governance

The lesson for New Delhi: Keep peer-to-peer and mom-and-pop transactions free, but let large commercial platforms pay, say, 0.5 per cent

Vijay Kedia-led Kedia Securities purchased 2 million equity shares representing 1.5% equity of Zaggle at an average price of ₹164.72 per share on Tuesday, August 18 via open market deals on the NSE.