Fintech News

Infibeam Avenues unit gets nod to operate as payment service provider at GIFT-IFSC

Infibeam Avenues unit gets nod to operate as payment service provider at GIFT-IFSC

28 Oct 2025, 14:34 PM

This authorization will allow the subsidiary to provide escrow solutions, facilitate international money transfers, and onboard merchants through the GIFT City framework.

Zerodha plans to offer US stock investment via GIFT City

Zerodha plans to offer US stock investment via GIFT City

28 Oct 2025, 13:51 PM

This is significant as Zerodha has stayed away from the US investment product even as many other brokerage firms offer the facility.

SBI, BoB to lead new fraud prevention platform Indian Digital Payment Intelligence Corp

SBI, BoB to lead new fraud prevention platform Indian Digital Payment Intelligence Corp

27 Oct 2025, 16:27 PM

The initiative will operate as a nonprofit entity with authorized funding of Rs 500 crore and initial working capital of Rs 200 crore.

MobiKwik's COO of consumer payments Mohit Narain resigns

MobiKwik's COO of consumer payments Mohit Narain resigns

27 Oct 2025, 11:37 AM

Mohit Narain's resignation took effect at the end of business on October 24, 2025, the fintech firm disclosed in a regulatory filing.

InvoiceCloud appoints Biju Davis as Senior Vice President, India site leader

InvoiceCloud appoints Biju Davis as Senior Vice President, India site leader

24 Oct 2025, 17:04 PM

In his new role, Davis will be responsible for shaping the strategic direction of InvoiceCloud’s India centre.

BharatPe appoints Paytm's Ajit Kumar as CTO

BharatPe appoints Paytm's Ajit Kumar as CTO

24 Oct 2025, 12:50 PM

This appointment comes months after the company's previous technology head Pankaj Goel left the organization.

Yubi FY25 revenue up 36% to Rs 660 crore, net loss expands

Yubi FY25 revenue up 36% to Rs 660 crore, net loss expands

24 Oct 2025, 12:34 PM

Yubi's net loss expanded by around 5% to Rs 416.1 crore in FY25 from Rs 395.8 crore in the previous fiscal.

Niyo FY25 revenue up 32% to Rs 123.4 crore, narrows losses

Niyo FY25 revenue up 32% to Rs 123.4 crore, narrows losses

24 Oct 2025, 11:25 AM

Niyo's net losses narrowed to Rs 77.8 crore in FY25 from Rs 143.5 crore in the previous financial year.

WazirX to resume operations from October 24

WazirX to resume operations from October 24

23 Oct 2025, 16:47 PM

The exchange's plans to resume operations follows approval of a comprehensive restructuring proposal by a Singapore High Court.

Zoho to launch consumer payment app Zoho Pay

Zoho to launch consumer payment app Zoho Pay

23 Oct 2025, 12:01 PM

Zoho Pay will be a standalone app while it will be embedded within its chat platform Arattai.

Cashfree CFO Piyush Anchliya quits within months of appointment

Cashfree CFO Piyush Anchliya quits within months of appointment

22 Oct 2025, 16:10 PM

Anchliya had replaced Vikas Guru, who had served as CFO at Cashfree for nearly four years.

Open FY25 revenue almost doubles to Rs 46 crore, net loss at over Rs 100 crore

Open FY25 revenue almost doubles to Rs 46 crore, net loss at over Rs 100 crore

22 Oct 2025, 15:35 PM

Total expenses of the startup fell 18% to Rs 160 crore in the last financial year from Rs 195 crore in FY24.

Innoviti revenue jumps 35% to Rs 143 crore in FY25

Innoviti revenue jumps 35% to Rs 143 crore in FY25

22 Oct 2025, 14:53 PM

Innoviti's net loss narrowed to Rs 62 crore in FY25 as compared to Rs 70 crore.

Easebuzz revenue more than doubles to Rs 656 crore in FY25

Easebuzz revenue more than doubles to Rs 656 crore in FY25

22 Oct 2025, 14:18 PM

The company's net profit jumped to Rs 18.77 crore in FY25 from Rs 37.7 lakh in the previous financial year.

Razorpay FY25 revenue jumps 65% to Rs 3,783 crore

Razorpay FY25 revenue jumps 65% to Rs 3,783 crore

16 Oct 2025, 15:21 PM

The company reported a loss, post-employee stock ownership plan (ESOP) expenses of Rs 1,209 crore.

Former Punjab National Bank MD & CEO Sunil Mehta launches credit rating company Acer

Former Punjab National Bank MD & CEO Sunil Mehta launches credit rating company Acer

15 Oct 2025, 21:11 PM

Acer Credit has attracted investment from lenders Indian Overseas Bank and Central Bank of India.

Paytm parent restructures to bring entities under direct ownership

Paytm parent restructures to bring entities under direct ownership

15 Oct 2025, 20:34 PM

Paytm has also approved the transfer of its offline merchant payments business to its wholly-owned subsidiary, Paytm Payments Services Ltd.

Crypto exchange CoinDCX raising fresh capital from existing investor Coinbase

Crypto exchange CoinDCX raising fresh capital from existing investor Coinbase

15 Oct 2025, 16:30 PM

Prior to this funding round, CoinDCX had raised $135 million in April 2022 in a funding round led by Pantera Capital and Steadview Capital Management.

Dezerv raises Series C funding co-led by existing investors Premji, Accel

Dezerv raises Series C funding co-led by existing investors Premji, Accel

13 Oct 2025, 16:26 PM

Other existing investors Elevation Capital and Z47 also participated in the funding round.

RBI appoints Sanjay Kumar Hansda as Executive Director

RBI appoints Sanjay Kumar Hansda as Executive Director

09 Oct 2025, 18:09 PM

In his new role, Hansda will look after the Department of Economic and Policy Research.

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