Fintech

Cred revamps Kuvera app to deepen wealth-tech play, targets investors

Fintech firm upgrades Kuvera with new tools to improve investment discipline and performance, targeting affluent users with long-term portfolio management features

Payments industry must target beyond growth as RBI shifts focus to risk

As RBI pivots to risk and resilience, India's payments sector is evolving from a high-growth story to one driven by governance, trust and global integration

India's VC investments reached $16 bn in 2025; deal activity rose 18%

India's VC funding rebounds to $16 billion in 2025, with fintech and wealthtech leading the surge in deal activity and investor interest

UPI transactions scale all-time high of Rs 29.52 trillion in March

UPI transactions reached an all-time high of ₹29.52 trillion in March, with strong growth in both volume and value, according to NPCI data

Paisabazaar gets adverse order under Benami Property Transactions Act

PB Fintech subsidiary receives adverse order under Benami law; company says it will appeal and sees no immediate financial impact

Rich Insights from KarmaLife’s Fintech expert

In this session, Naveen Budda, Co-founder and CTO, KarmaLife AI, discusses about AI in Fintech, decision intelligence & more, and provides career tips

Revolut plans to base 40% of its global workforce in India by 2026

The new positions will span product development, support functions and financial services functions such as payment processing and fraud investigations

Fino fallout prompts fintech firms to seek safe harbour, tighten controls

After the Fino Payments Bank episode, fintech firms seek safe harbour protection and tighten internal controls, consolidating key responsibilities amid rising compliance risks

Fintech firm MobiKwik to double down on payment devices business

MobiKwik plans to scale soundbox and EDC deployment, targeting 10% revenue contribution as it expands offline merchant acquiring beyond Tier I cities

BharatPe appoints Himanshu Verma to lead POS biz, scale offline payments

BharatPe appoints Himanshu Verma as head of POS business to drive merchant adoption, strengthen distribution and scale its offline payments business

MobiKwik appoints chief risk officer to oversee comprehensive fraud risks

MobiKwik appoints Anis Pathan as chief risk officer to strengthen enterprise risk management, fraud prevention and compliance across payments, lending and broking businesses

BharatPe appoints Himanshu Verma as head of its POS business unit

Fintech firm BharatPe on Thursday announced the appointment of Himanshu Verma as Head of its POS Business, effective immediately. He will focus on driving merchant adoption, strengthening distribution, and scaling the company's offline payments ecosystem. Verma brings over twenty years of experience across channel sales and distribution, go-to-market strategy, UPI payments, POS/EDC acquisitions, merchant acquisition, and the broader digital payments ecosystem. He has held key leadership roles at Pine Labs, Freecharge, Indepay Networks, Bharti Airtel, Samsung India, Uninor, and Vodafone. In his most recent role at Pine Labs, Himanshu served as Senior Director and National Business Head -- Soundbox (Mini), where he led the incubation, launch, and scale of the business. Verma will report to BharatPe CEO Nalin Negi. "His deep experience in scaling large payment businesses and driving disciplined execution will be key as we continue to strengthen our POS portfolio and expand our merch

Former SBI executive Nitin Chugh appointed CEO of Perfios Group

Perfios appoints former SBI executive Nitin Chugh as group CEO to lead its expanding techfin, risktech and digital platforms amid rapid growth and acquisitions

IPO still a few quarters away: Razorpay's Cofounder and MD Shashank Kumar

Razorpay's MD and Co-Founder Shashank Kumar on why AI agents will do more for India's small merchants than traditional search, the company's IPO plans, and why the conflict in West Asia makes it hard

Digital lending boom raises risks if credit poorly underwritten: RBI DG

RBI Deputy Governor Swaminathan J cautions that while digital lending and platform-based models expand financial access, weak credit underwriting could deepen borrower distress

Jack Dorsey's Block to slash 4,000 jobs as it makes big bets on AI

The reduction in force, which was announced in a shareholder letter on Thursday, comes after rolling job eliminations that have often been tied to annual performance reviews

Xflow raises $16.6 mn in Series A at $85 million valuation led by GC

General Catalyst leads Xflow's $16.6 mn Series A at an $85 mn valuation, as the fintech backed by Stripe and PayPal Ventures plans expansion after a breakout year

Peak XV Partners leads $25 million pre-Series-C round in Stable Money

The Pre-Series C round saw the participation of investors like Z47, RTP Global, and Fundamentum Partnership

Payments industry adopts AI-led interfaces, LLMs to reshape transactions

Fintechs, NPCI are deepening AI integration across India's payments stack, from agentic interfaces and conversational payments to domain-specific LLMs designed to streamline disputes and transactions

RBI allows NBFCs to factor DLG in determining provisions under ECL

RBI allows NBFCs to factor in default loss guarantees from lending apps while computing ECL provisions, tightening uniformity without diluting prudential safeguards