Fintech News
OTPless elevates Satyam Nathani as CEO; Bhavik Koladiya to retire
The other co-founder Tanmay Sagar is now the chief operating officer of OTPless.
Fintech News
In-depth reporting, market intelligence, and analytical commentary on fintech news.
Fintech News
Peak XV offloads Rs 1,756 crore worth of Groww shares via bulk deal
Earlier in May, the venture capital firm sold 6.2 crore shares in a transaction valued at nearly Rs 1,116 crore.
Fintech News
PB Fintech to acquire remaining 20% stake in MyLoancare
PB Fintech has also authorised a capital infusion of up to Rs 10 crore into PB Wheels Pvt Ltd and Rs 1 crore into PB Financial Account Aggregators Pvt Ltd.
Fintech News
NSE IPO: Exchange allots Rs 6,746 crore worth shares to anchor investors
Life Insurance Corporation of India (LIC) emerged as the largest anchor investor, picking up shares worth Rs 400 crore.
Fintech News
India's angel funds form industry body APAII to boost early-stage capital
The association plans to expand India’s angel investor base from around 1 lakh currently to 1 million.
Fintech News
super.money appoints former BharatPe's Rohan Khara as Chief Product Officer
Khara has nearly two decades of experience in product management, financial services and consumer technology.
Fintech News
As AI reshapes payments, security needs the industry in the room
Artificial intelligence is rapidly finding its way into payments, just as cloud computing, digital payments and mobile acceptance have done before...
Fintech News
Novastar Partners makes first LP bet on AJVC
The AJVC investment is part of Novastar's broader private-markets strategy that combines fund investments with selective direct bets on private companies.
Fintech News
Accel-backed Moneyview cuts IPO size
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
Fintech News
NPCI FY26 revenue up 22% to Rs 4,240 crore, profit drops
NPCI’s surplus (profit) declined 32% to Rs 991 crore in FY26 from Rs 1,461 crore in the previous fiscal.
Fintech News
Kissht parent OnEMI plans fresh funding months after listing
The board is scheduled to meet on September 17 to evaluate various fundraising options, including the issuance of equity shares, warrants, convertible securities, or other approved instruments.
Fintech News
Govt notifies rules on UPI MDR; NPCI expected to issue circular in two weeks
The government has, however, specified that banks and other system providers cannot impose any charge on RuPay-powered debit cards and UPI payments of up to Rs 2,000.
Fintech News
UPI in Aug: Digital gold purchases value tick up
The overall value of merchant category-wise purchases via UPI fell to Rs 8.95 lakh crore in August from Rs 9.07 lakh crore in July, even as transaction volumes rose.
Fintech News
Piston raises Series A funding led by FPV Ventures
The funding round also saw participation from existing investors Spark Capital and Pear VC.
Fintech News
IAMAI, Saudi Arabia sign MoU to boost India-Saudi fintech, startup ties
The MoU will initially remain valid for three years and can be renewed through mutual agreement.
Fintech News
PhonePe secures UAE domestic payments licences
The IPO-bound company this week received in-principle approval for two domestic payments licence from the Central Bank of the UAE (CBUAE).
Fintech News
PhonePe, Visa partner to bring cardless payments to Indian consumers globally
PhonePe said the partnership builds on its Visa device tokenisation offering launched in February 2025.
Fintech News
NewQuest sells Rs 200 crore Shadowfax stake in fresh bulk deal
The latest transaction comes weeks after NewQuest sold 1.25 crore Shadowfax shares for around Rs 300.6 crore in August at Rs 240.46 per share.
Fintech News
W Health Ventures marks final close of second fund at Rs 700 crore
The final close follows the fund’s first close of Rs 550 crore in February.
Fintech News
Circle to acquire Tazapay in $400 million deal
Circle will also grant Tazapay employees restricted stock units worth an aggregate $25 million after the acquisition closes.
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