Indian FinTech

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

Cross-border payment firms are seeking licences in markets such as Canada, the US and Singapore as they look to build a multi-country presence beyond India

Growing demand for AI services in India is creating a fast-expanding cross-border payments opportunity for domestic fintech companies

The Walmart-owned e-commerce giant is expanding into biometrics, credit and loyalty programmes to boost growth, improve margins and strengthen customer engagement

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

PB Fintech co-founders Yashish Dahiya and Alok Bansal are set to sell shares worth up to Rs 654 crore through a block deal

The fintech firm plans to scale its merchant payments business tenfold by FY28 after receiving the RBI's in-principle nod for a Payment Aggregator-Physical licence

FIS says GCCs must evolve beyond support roles by building future-ready talent, expanding global leadership and scaling trusted AI adoption

Venture capital firm Peak XV Partners has fully exited from fintech firm One MobiKwik Systems through a block deal of over Rs 130 crore, sources aware of the development said. According to sources, Peak XV was one of the early investors in the firm and exited at three times of its investment value. "Peak XV Partners has sold around 61 lakh shares, about 7.7 per cent of the company share capital, at an average sale price of Rs 214 share apiece. The total deal size is close to Rs 130 crore. With this sale, Peak XV has completely exited from the firm," a source said. A query sent to Peak XV and One Mobikwik elicited no immediate reply. Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV. The development comes a day after the company announced RBI granting a NBFC license for its new subsidiary- MobiKwik Financial Services Pvt Ltd.

The licence will allow MobiKwik to launch a lending arm, Mobikwik Financial Services, expanding its regulated credit offering

Integration with Codex allows developers to embed payments instantly, enabling AI-built apps to monetise faster as Razorpay expands into agentic commerce and conversational payments

MobiKwik's Q2FY26 loss widened to Rs 28.6 crore even as it tightened expenses. The fintech firm will not revive its BNPL product and is betting on ZIP-EMI and personal loans for growth.

B2B fintechs are increasingly turning to the consumer side of the payments market, using third-party UPI applications (TPAPs) as entry points

Global venture capital (VC) investment declined to $101.05 billion across 7,356 deals in the second quarter of 2025, compared to Q1's $128.4 billion: KPMG's latest Venture Pulse report

Bengaluru-led funding activity in India with overall startups raising $889 million, down 26% from H2 2024, shows Tracxn fintech report

The latest funding brings Kaleidofin's total equity round to $19 million and aims to expand access to financial services for smallholder farmers and agri value chains

MobiKwik Co-Founder Upasana Taku says India's fintech sector holds vast growth potential, with innovation, inclusion, and diversification driving the next decade

The company claims to have a base of over 40 million merchants. It processes over 330 million transactions daily and has recorded an annualized total payment value of over Rs 150 trillion

Malhotra's latest comments will likely provide relief to the industry hit hard by a crackdown on errant firms under his predecessor Shaktikanta Das

Banks experienced a 21 per cent drop in the volume of personal loans sanctioned, accompanied by a 30 per cent decline in loan value year-on-year, according to a new report