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    • Zolve to shift focus from US to mitigate geopolitical risks, immigration pattern changes

      The company’s cross-border credit card solves immigrants' creditworthiness problem, allowing new arrivals to instantly build financial history abroad and avoid the subprime category

    • RBI proposal on delayed UPI transactions could disrupt digital payments, say bankers

      Proposal to impose a one-hour delay for high-value transactions faces pushback, as experts question its effectiveness against fraud and fear a shift back to cash

    • AI fintech startup Finesse gets sold for $1.5 million

      “On our own, our AUM touched $5-6 million but with the help of this sale, it can touch $50-60 million, a 10x increase in 12 months," founder Rao said.

    • UPI at 10: Next phase of growth to target a billion users, half a billion credit customers

      Ten years of transforming Indian payments, UPI is set to enable formal credit for millions, even as its ecosystem partners grapple with thin revenue

    • Zerodha launches fixed deposits on Coin app

      Coin, a non-trading investment platform, will allow customers to book FDs across multiple banks, compare interest rates and track maturity dates in one centralised, fully digital process, the company has said

    • Stripe appoints Manish Maheshwari as Head of Revenue and Growth for India

      Stripe also said it is expanding its presence in Bengaluru, which has become one of its largest and fastest-growing global hubs, with continued investments in engineering, operations, and go-to-market teams in India.

    • Groww gets a rating upgrade to AA Stable from CareEdge, citing strong capitalisation and market leadership

      The outlook remains stable, reflecting expectations of steady earnings growth and gradual diversification, despite a current reliance on the core broking business

    • AI chatbots could direct user behaviour on whether to take a loan or not, says KreditBee CEO Madhusudan

      KreditBee secures $280 million funding at a $1.5 billion valuation, citing growth, profitability, and strong risk management that impressed investors

    • Fintech lender KreditBee enters unicorn club with $280 million pre-IPO funding at $1.5 billion valuation

      The company’s profitability and strong risk management through multiple business cycles, have been rewarded by its investors, co-founder and CEO Madhusudan E told Moneycontrol

    • CRED revamps wealth-tech platform Kuvera, will enable investors to 'do less but better'

      The revamped platform introduces smarter tools and AI-driven personalised suggestions, aimed at encouraging long-term investment discipline and maximising returns by prioritising judgement over transaction activity

    • RBI makes CKYCR mandatory for merchant onboarding by payment aggregators

      The RBI has also expanded the scope of payment aggregator business while tightening escrow rules and merchant verification requirements

    • Digital gold is a big contributor to our margins, gold refiner MMTC-PAMP’s Samit Guha

      Following the success of digital gold, the company is getting enquiries from partners in other mobile and digital-first emerging markets, like Mexico, Indonesia and Malaysia to launch the product in those countries. Guha assuaged regulatory concerns by assuring investors they can redeem holdings through the firm’s own platform

    • Stock broking firm Dhan to acquire Elevation Capital-backed wealthtech firm Infinyte Club

      The acquisition bid follows a fresh funding round that valued Dhan’s parent company, Raise Financial Services, at $1.2 billion, a near 10X jump since 2021

    • UPI monthly transaction value approaches 30 lakh crore, closes FY 26 with over Rs 300 lakh crore in value

      UPI transaction value grew by only 18.5 percent during FY 26, compared to 30 percent growth recorded in FY 25

    • Credit-card spending cools to 11% in FY26 amid regulatory clampdown, tighter issuance

      Tighter rent payment norms, banks devaluing rewards structures and a shift towards UPI weighed on credit card spending

    • Indian fintechs yet to fully realise potential of AI, says QED’s Sandeep Patil

      AI is a 'great equaliser' and a universal tool, enabling companies to jump ahead and scale without needing a traditional evolution curve, says Patil

    • UPI grows 30% in FY 26, likely to record 240 billion transactions

      Fintechs and payment firms request the government to reintroduce Merchant Discount Rate (MDR) to secure long-term revenue instead of relying on uncertain subsidies

    • Fintechs, payment firms worried as UPI subsidy for FY 26 yet to be disbursed

      According to industry estimates, the actual payout for FY 25 remained at Rs 1,050 crore, compared with the budgetary promise of Rs 2,000 crore and the government's final announcement of Rs 1,500 crore

    • Optimo raises Rs 100 crore from PNB, partners with Godrej Finance for co-lending

      Optimo currently manages over Rs 430 crore in assets under management (AUM), while maintaining gross Non Performing Assets below 0.7 percent

    • Fintech lenders' bad loans decline across digital portfolios as they tighten underwriting

      Indian digital lenders pivot from aggressive growth and distribution to disciplined underwriting, and collections have stabilised non-performing assets after years of high defaults.

    • Valuation, not just war, may have delayed Walmart-backed PhonePe’s IPO plans

      Multiple investors noted that the company's high valuation ask, coupled with concerns over its lack of profits and high ESOP costs, played a role in pausing the IPO process

    • PhonePe pauses IPO process citing geopolitical conflicts and market volatility

      The US-Israel war on Iran has spooked the global markets and the $1.3-billion IPO needed a lot more liquidity than the current market offers, said a source aware of the developments

    • Family offices are test match players, not T20 players, we will wait out the market volatility: Panellists at Moneycontrol Global Wealth Summit

      Family Offices prioritize a long-term view, using market volatility and liquidity as opportunities to build enduring, high-conviction investments, according to wealth managers at the Moneycontrol Global Wealth Summit

    • Paytm to resume delivery of physical gold next month for its digital gold investors

      The mobile payments firm, which had paused physical gold redemption last August, is rolling out revamped infrastructure to enable delivery across more than 12,000 pin codes starting mid-April

    • Fintech Jupiter's plan to pick stake in State Bank of Mauritius India arm falls through

      SBM's new management and the Mauritius government were not keen on the partnership. Jupiter to focus on achieving breakeven over the next 14 months

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