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The Latest Breaking News from fintech

TrueMoney unveils new digital payment service

TrueMoney, Southeast Asia's leading fintech platform under Ascend Money, has rolled out Thailand's first inclusive "tap-to-pay" digital financial service.

Bangkok Post

Why Circle Stock Is the Most Divisive Name in Fintech Right Now

Circle Internet Group downgraded by Mizuho analyst flagging threats to its open USD model.

Barchart

Angel One shares gain 2% as Q1 profit doubles to Rs 231 crore, revenue up 25% YoY

Angel One shares rose 2% on Thursday after the fintech and broking firm reported strong Q1FY27 earnings. Consolidated net profit more than doubled year-on-year to Rs 231 crore, while revenue increased 25.3% to Rs 1,430 crore. EBITDA surged 76.5% to Rs 485 crore, with the EBITDA margin expanding to 34%…

The Economic Times

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Why Is PayPal Stock Surging? Stripe's $53 Billion Buyout Offer Marks a Major Shift in Fintech

Stripe and Advent's $53 billion bid for PayPal highlights a strategic shift towards consolidation in fintech, valuing PayPal's global network over its beaten-down stock price.

International Business Times UK

From CarDekho to Zepto: India's growing startup IPO pipeline

India's startup IPO pipeline is gathering momentum with several new-age companies advancing. CarDekho and InsuranceDekho are preparing for their public market debuts soon. Zepto and Zetwerk have secured regulatory approvals for their upcoming listings. PhonePe and Oyo also remain in the IPO pipeline for future public offerings. These companies represent…

The Economic Times

Britain's Unicorn Boom Solidifies Its Status as Europe's Startup Capital

Britain's thriving startup hub, with 80 unicorns valued over £242B, leads Europe in tech innovation. Learn about the international talent driving AI and fintech growth in the UK.

International Business Times UK

Payoneer bets big on India with Gurugram innovation hub, eyes country among top three global markets

Payoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This facility will drive Payoneer's transformation into an AI-native technology company. India's engineering talent and fintech ecosystem are key to this strategy. Payoneer aims for India to be…

The Economic Times

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India set to play larger role in building global fintech infrastructure, says Payoneer

India's position as the world's third-largest fintech ecosystem is now translating into a larger platform-building role. Global financial technology companies are increasingly turning to the country for product engineering, artificial intelligence and cross-border infrastructure. The country's fintech sector is estimated at USD 111 billion and is projected to reach USD…

The Economic Times

Devil is in the footnotes: RBI's Financial Stability Report is transparent, yet leaves some key questions unanswered

The RBI's latest financial stability report highlights a noteworthy level of transparency regarding significant economic metrics. There’s an uptick in household debt primarily fueled by consumption, contributing to nearly half of the total rise. While bad loans are generally low, certain sectors face increased default rates. Growth in gold lending…

The Economic Times

Dream Sports CTO Amit Sharma steps down after a decade to launch AI venture

Dream Sports CTO Amit Sharma is stepping down after nearly a decade to build an AI venture. A former Netflix and Yahoo executive, Sharma joined the company in 2016 and helped scale Dream11's technology and engineering teams as the sports-tech platform expanded. The move also comes just days after Dream…

The Economic Times

Sachin Bansal-backed Navi plans Rs 3,000 crore IPO, to file papers with Sebi by March quarter

Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer for sale, with the final structure yet to be decided.…

The Economic Times

Cathie Wood Sees Value in This Beaten-Down Growth Stock. I Do Too.

Cathie Wood has bought SoFi shares alongside several other fintech names. The stock has underperformed this year but seems poised for a comeback in the back half of the year.

Barchart

Moneyview, Chandan Steel get Sebi's approval for IPOs

The Securities and Exchange Board of India (Sebi) has granted approval for the Initial Public Offerings of fintech unicorn Moneyview and Chandan Steel. Moneyview strives to raise Rs 1,500 crore through a combination of fresh issues and offer for sale, aiming to enhance its financial services and loan disbursement operations.…

The Economic Times

PB Fintech shares slide up to 8% after Temasek arm likely sells over 2% stake via block deal

PB Fintech shares fell sharply on Friday after reports said Temasek-linked MacRitchie Investments likely sold more than a 2% stake via a block deal at a discount. The proposed transaction, valued at around Rs 1,740 crore, weighed on investor sentiment.

The Economic Times

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The Economic Times

Stocks in news: Marico, Adani Enterprises, Tata Motors PV, PB Fintech, PNB

Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies like Marico, Tata Motors PV, and Adani Enterprises are in focus due to strong Q1 updates and fundraising plans. PNB and Bank of India reported significant credit growth,…

The Economic Times

Mynd Fintech, part of Treds platform M1xchange, acquires C2FO India

M1xchange is an RBI-licensed Treds (Trade Receivables Electronic Discounting System) entity. C2FO runs C2Treds and also has the same licence, which it may surrender going ahead. C2FO India’s parent company Pollen Inc. (C2FO US) is a major global player in early-payments solutions for small businesses, processing around $500 billion in…

Barchart

CRCL Stock in Focus as Circle Faces Increasing Stablecoin Competition

Circle stock sank yesterday on a report that fintech giants are set to launch a rival stablecoin venture. Here’s why that may prove significantly bearish for CRCL shares.

The Economic Times

Dream Sports shuts fintech platform Dream Money within a year of launch

Dream Sports, the parent company of fantasy sports giant Dream11, is shutting down its fintech venture, Dream Money, less than a year after its launch. The investment and wealth management platform, which offered mutual funds, digital gold, and fixed deposits, will cease operations on July 30.

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The Economic Times

India's SBI-backed Cashfree Payments bets on cross-border push with travel, investment payments

Indian fintech firm Cashfree Payments is set to significantly expand its cross-border operations, aiming to capture growing international transaction demand. CEO Akash Sinha revealed plans for pilots in overseas investment, travel, and B2B payments this year, building on existing e-commerce services. The company anticipates this segment will contribute 25% of…

The Economic Times

SMBC Asia Rising Fund makes follow-on investments worth $12-15 million in three fintech startups

SMBC Asia Rising Fund (ARF) has injected $12-15 million in follow-on investments into Easy Home Finance, Vayana, and DPDzero. These strategic moves underscore ARF's confidence in the sustained growth and expanding opportunities within these Indian fintech companies. The fund highlights their crucial role in enhancing India's financial ecosystem by improving…

The Economic Times

PayU India posts first full-year operating profit in FY26; revenue rises 13%

During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In the October-March, the fintech company reported revenue of $384 million, down from $395 million in six months ending September 30, 2025.

The Economic Times

Progcap looks to raise $45 million equity capital in FY28

The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh.

The Economic Times

ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-year

Indian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $900 million round. This surge, primarily driven by late-stage investments, marks a substantial increase from previous weeks. Notable participants included Bessemer Venture Partners and Norwest, backing firms like…

International Business Times UK

Developer Accidentally Burned $81,000 in AI Tokens While Building a Meme Game: 'I Underestimated My Ability'

A fintech employee's $81,000 AI coding error in a meme-inspired game reveals the hidden costs of AI development. Explore the ensuing online debate and unexpected commercial opportunities.

The Economic Times

Fintech Airwallex secures $320 million in new funding round at $11 billion valuation

Fintech giant Airwallex has secured a significant $320 million funding round, valuing the company at $11 billion. This substantial investment, a nearly 38% increase from its last financing, will fuel global expansion and enhance its AI capabilities. The company also unveiled new products, including an automated bookkeeping platform and a…

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