Page 2 - Ajinkya Kawale

Pine Labs' Q4 profit at ₹59.36 cr, revenue rises 17% to ₹700.51 crore

The rise in net profit came at a time when the Gurugram-headquartered company's revenue from operations rose 17 per cent to ₹700.51 crore in Q4 FY26, up from ₹598.64 crore in Q4 FY25

Cashfree Payments plans over $100 million funding round in FY27

Cashfree Payments plans to raise over $100 million in FY27 to expand cross-border payments, AI capabilities and global operations ahead of a potential IPO in the coming years

ICICI Bank seeks at least ₹100 crore recovery from fintech firms

Growing discomfort among banks over eroding interchange income

Fino Payments Bank chief Rishi Gupta steps down, seeks early retirement

Fino Payments Bank MD and CEO Rishi Gupta resigned after seeking voluntary early retirement amid a GST investigation linked to the gaming sector

Scapia raises $63 million in Series C round led by General Catalyst

Bengaluru-based travel fintech startup Scapia will use the fresh capital to scale travel offerings, expand AI capabilities and grow its customer base

Salesforce India employee base crosses 17,000 amid AI expansion push

Salesforce has expanded its India workforce to more than 17,000 employees while scaling AI offerings and strengthening its enterprise customer base

Stablecoins fail core tests of money; CBDC not risky: Reserve Bank of India

The Reserve Bank of India said stablecoins fail key tests of money and warned that such virtual digital assets pose financial stability and jurisdictional risks

Salesforce burns 12 trillion AI tokens, says won't displace humans

Not every process needs to be agentified, says Vala Afshar

In a first, digital precious metals' SRO to seek formal nod from a ministry

The industry body is framing a code of conduct, audit norms. and customer protection standards while seeking formal recognition from ministries, said Chairperson Nirupama Soundararajan

Tencent commits over ₹10 crore towards gaming and AVGC programs in India

Tencent has committed over Rs 10 crore towards skilling, mentorship and ecosystem development initiatives for India's gaming and AVGC sectors

Banks back RBI's proposed 1-hour lag for digital payments above ₹10K

But they seek increase in threshold to ₹25,000; payment industry flags operational issues

Nazara posts 3x jump in profit to ₹47 crore, even as revenue dips 23.5%

Nazara's revenue from operations, however, declined 23.53 per cent to Rs 397.78 crore in Q4FY26 from Rs 520.2 crore in Q4FY25

Mobikwik reports ₹4.4 cr net profit, revenue from ops up 7.8% in Q4

MobiKwik returned to profitability in the fourth quarter of FY26 as lower expenses and reduced payment processing costs supported margins amid stable revenue growth

Fintech firms form SRO to boost trust in digital precious metals market

Digital gold and silver platforms have formed a self-regulatory body to improve governance, transparency and consumer protection amid regulatory uncertainty

Not applying for NBFC licence, focus on distribution, says Paytm CFO

Company will instead focus on existing model of credit distribution, in partnership with other lenders

Paytm posts net profit of Rs 184 crore in Q4, revenue rises 18.4%

One97 Communications reported a consolidated net profit of Rs 184 crore in Q4 FY26, supported by higher revenue and controlled indirect expenses

NPCI explores agentic AI layer for faster UPI compliance cycles

Currently, banks require four to eight weeks for certification with UPI's operating circulars (OCs) that NPCI releases from time to time

Multiple states roll out independent AI policies to drive investment, jobs

Maharashtra joins five states with AI policy as others roll out funds, skilling plans and frameworks to drive investment, innovation and public service delivery

Fino Payments Bank Q4 results: Profit decline 70% to Rs 7.1 crore

Fino Payments Bank reported a sharp decline in Q4 FY26 profit and revenue, with other income falling amid operational challenges during the quarter

Sahamati raises ₹50 crore from over 30 firms to boost digital finance infra

The association said that the investment round represents an industry commitment to building a regulated digital public infrastructure layer for consent-based financial data sharing