Indian Fintech

Fintech firm Moneyview seeks $624 million valuation in trimmed India IPO

Moneyview, formerly known as Whizdm ‌Innovations, provides users a suite of financial products through a network of banks, non-bank lenders, insurers, and other financial institutions

UIDAI launches Aadhaar face authentication software for banks, fintechs

UIDAI has launched a new Aadhaar Face Authentication SDK and sandbox, enabling banks, fintechs, insurers and other entities to integrate secure face authentication directly into their mobile apps

Many fintechs can emerge from India to serve global markets: Razorpay CEO

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 .

Fintech a valuable partner in building for future: RBI Governor Malhotra

Governor Sanjay Malhotra says fintech has expanded financial inclusion, improved customer experience and enabled faster, more efficient credit delivery across India

India eyes AI for next finance leap after digital payments revolution

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

Sachin Bansal-led Navi raises $100 mn from Prosus in maiden funding round

The transaction is subject to regulatory approvals, including a CCI nod, and comes as the Bengaluru-based fintech prepares for a potential initial public offering

Sachin Bansal-led Navi raises $100 mn from Prosus in maiden funding round

The transaction is subject to regulatory approvals, including a CCI nod, and comes as the Bengaluru-based fintech prepares for a potential initial public offering

AI safety must keep pace with adoption in financial sector: CEA Nageswaran

The Chief Economic Adviser said AI can improve credit assessment and risk detection in fintech, but firms must prioritise safety and security as adoption accelerates

Policybazaar parent PB Fintech to invest Rs 20 cr in payments business

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

Indian fintechs eye overseas licences as they push into global markets

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

Fintechs get boost from global AI firms as payment processing demand rises

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

Flipkart bets on payments, biometrics and loyalty ahead of IPO push plans

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

NPCI chief Asbe bats for regulatory framework for fintech AI ecosystem

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

Policybazaar parent PB Fintech promoters plan stake sale worth ₹654 crore

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

MobiKwik gets RBI nod for offline payment aggregator licence expansion

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

GCCs have to focus on what is needed in the future: Ramkumar Narayanan

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

Peak XV Partners fully exits Mobikwik in block deal worth ₹130 crore

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.

MobiKwik gets RBI's nod for non-banking financial company licence

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

Razorpay partners OpenAI to enable instant payments in AI-built apps

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

BNPL not returning, says MobiKwik as losses widen to Rs 28.6 crore

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.