Fintech News
Pine Labs Q2 FY27 revenue rises 24% to Rs 806 crore; profit jumps 6.5x
The company’s total expenditure increased 16% to Rs 770 crore during the quarter from Rs 662 crore in the year-ago period.
Fintech News
In-depth reporting, market intelligence, and analytical commentary on fintech news.
Fintech News
Kissht’s Q2 FY27 revenue up 45% to Rs 732 crore, net profit more than doubles
Total expenses of the company increased 35% to Rs 586 crore during the quarter from Rs 434 crore in the year-ago period.
Fintech News
Trading platform Mochatrade secures seed funding led by CoinFund
The funding round also saw participation from Coinbase Ventures and Zero Knowledge Ventures, among others.
Fintech News
SoftBank offloads Ola Electric rights entitlements as EV maker seeks Rs 1,000 crore
In a separate filing, Ola Electric said Motilal Oswal Financial Services and Calliope Capital Advisors had applied for a combined 2.39 crore shares under the rights issue.
Fintech News
Paytm Q2 FY27 revenue up 28.5% to Rs 2,648 crore; net profit jumps 10-fold
Paytm also said that there will be a "potential upside" of merchant discount rate (MDR), which is expected to be implemented after Diwali.
Fintech News
Account Aggregators: India must move from data sharing to fair value creation
As India's Account Aggregator ecosystem introduces standardised pricing, the question is no longer whether data should carry a fee. It is whether the value created is being shared fairly.
Fintech News
SabPaisa CEO Kumar Manish gets bail in GST case
Manish was arrested on April 17, 2026 by the Directorate General of GST Intelligence (DGGI), Ghaziabad Unit, under multiple provisions of the CGST Act, 2017.
Fintech News
SBI finds 3,897 customer records exposed on dark web
SBI has hired an independent cybersecurity agency empanelled by CERT-In to investigate the incident and assess the extent of the exposure.
Fintech News
Flipkart-backed super.money FY26 revenue up 228% to Rs 292 crore; loss widens
Total expenses of the fintech startup grew 130% to Rs 557 crore in FY26 from Rs 242 crore in FY25.
Fintech News
Kissht gets BSE, NSE approval for Rs 832 crore preferential issue
The approvals follow the company's board clearance on September 17 and shareholder approval at an extraordinary general meeting on October 14.
Fintech News
NeoGrowth FY26 revenue falls 21% to Rs 591 crore; swings to net loss
NeoGrowth’s total expenses fell 6.8% to Rs 687.69 crore in FY26 from Rs 738.19 crore in FY25.
Fintech News
Goldman Sachs sells Eternal shares worth Rs 169 crore
The shares were bought by BofA Securities at Rs 316 apiece.
Fintech News
Fairfax gets nod to acquire 60.72% stake in IDBI Bank for Rs 52,878 crore
Fairfax has also proposed bringing its interests in Go Digit Life Insurance, Go Digit General Insurance and IIFL Capital Services under IDBI Bank.
Fintech News
Groww Q2 FY27 revenue rises 47% to Rs 1,501 crore
The company's net profit increased 53.8% to Rs 724.70 crore in Q2 FY27.
Fintech News
RocketPay secure Rs 10 crore funding led by Sandeep Jain and Group
The round also included participation from IPV, LetsVenture, Launch Capital, AVNM Ventures and Navyug Global Ventures.
Fintech News
UPI in Sep: Overall merchant spend falls, broker payments rise 16%
Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.
Fintech News
Qualcomm sells remaining stake in Shadowfax, exits company
The latest transaction follows an earlier sale in August, when Qualcomm sold 75 lakh Shadowfax shares for Rs 183.85 crore at an average price of Rs 245.13 per share.
Fintech News
NABVENTURES marks first close of second fund at Rs 450 crore
The fund is targeting a total corpus of Rs 1,500 crore, including a green-shoe option, with NABARD as its anchor investor.
Fintech News
Juspay’s FY26 revenue up 30% to Rs 664 crore; swings to net loss
The company, however, added that it remained adjusted EBITDA positive at Rs 33 crore, excluding non-cash ESOP costs.
Fintech News
GST Council proposes scrapping arrest powers, raises prosecution threshold to Rs 5 crore
To improve cash flows, the Council has proposed faster processing of GST refunds.
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