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The Latest Breaking News from fintech

Cashfree Payments revenue hits Rs 1,000 crore in FY26; company eyes operational profit in FY27

Fintech firm Cashfree Payments announced a revenue of Rs 1,000 crore for FY26. The company anticipates operational profit in the current financial year. Gross transaction value saw a significant increase. Cashfree Payments achieved EBITDA profitability in March 2026 and aims for full-year EBITDA profitability in FY27. Cross-border operations are set…

The Economic Times

LexinFintech Q1 Earnings Call Highlights

LexinFintech (NASDAQ:LX) reported higher first-quarter loan volume and revenue as management said growth in its diversified ecosystem businesses helped offset pressure in online consumer finance amid macroeconomic and industry challenges. On the company’s first-quarter 2026 earnings call, Chairman

MarketBeat

Pine Labs Q4FY26: revenue up 17% to Rs 700 crore, net profit at Rs 59 crore

Pine Labs was listed in November 2025. Sharing details about its IPO proceeds, Pine Labs said that the company had raised Rs 2,080 crore in fresh capital, out of which around Rs 797 crore has already been used up with a major part going towards repaying borrowings.

The Economic Times

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Tether to launch 'official' stablecoin in Georgia, with government support

Tether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's government, signaling the country's embrace of digital assets. The token, named GELT, aims to boost cross-border trade and fintech development. Georgia is already a significant player in…

The Economic Times

Bybit CEO Ben Zhou: Tokenization Will Reshape Global Finance Faster Than Expected at Goldman Sachs Asia Pacific FinTech Conference 2026

DUBAI, UAE, May 25, 2026 /PRNewswire/ -- The next phase of global finance will be built on tokenized infrastructure that operates continuously across borders, according to Ben Zhou, Co-founder and CEO of Bybit.Speaking at the 2026 Goldman Sachs Asia Pacific FinTech Conference during a fireside chat titled "In Conversation with…

AAP

Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR team

Bolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to revive the fintech company. He stated that the HR team created non-existent problems and that the company had developed a culture of entitlement, necessitating a return to a…

The Economic Times

PB Fintech invests Rs 5 crore in broking arm PB Marketing and Consulting

PB Fintech injected Rs 5 crore into its subsidiary, PB Marketing, to meet net worth requirements for stockbroking and depository participant operations. This strategic move follows Sebi's approval for PB Marketing to act as a debt segment stockbroker on the NSE.

The Economic Times

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Scapia secures $63 million funding from General Catalyst, Peak XV Partners and Z47

Scapia, a travel fintech startup, has secured $63 million in a funding round led by General Catalyst. Scapia plans to use the funds to expand its product portfolio across its financial services and travel segments. With this new infusion the total funding raised by the startup has gone up to…

The Economic Times

Labuan IBFC Inc. and ASAS collaborate on Islamic finance training

KUALA LUMPUR, Malaysia, May 21, 2026 /PRNewswire/ -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for Labuan International Business and Financial Centre (Labuan IBFC), together with the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS), recently hosted a knowledge-sharing session highlighting opportunities in Islamic…

AAP

US Stock Market: Fed weighs new payment account framework amid crypto push

The Federal Reserve proposed a new payment account category for fintech and crypto firms, offering limited access to central bank payment infrastructure. This move aims to reduce transaction costs and improve efficiency, though it faces opposition from traditional banks concerned about risks. The proposal signals a shift in financial access,…

The Economic Times

BOLT CEO Claims Company Became More Efficient After Cutting Entire HR Division

Bolt CEO Ryan Breslow removed the HR department, claiming it caused unnecessary issues. The fintech company is restructuring after a valuation decline, focusing on efficiency and a leaner workforce.

International Business Times UK

FinVolution Group Named "Most Honored Company", Wins All Six Categories in Extel's 2026 Asia Executive Team Awards

SHANGHAI, May 21, 2026 /PRNewswire/ -- FinVolution Group, a leading fintech company, has been named a "Most Honored Company" in the Non-Bank Finance sector for the second consecutive year in Extel's 2026 Asia Executive Team Awards. The Company also received top honors in all five individual and team categories: Best…

AAP

Trump Orders Federal Reserve Review Of Crypto Access To US Payment Rails

The directive requires U.S. financial regulators to evaluate barriers restricting crypto and fintech firms from direct participation in central payment infrastructure.

International Business Times

'Fired HR, Problems Disappeared': Bolt CEO Claims HR Was Creating Problems That 'Didn't Exist'

Bolt's CEO Ryan Breslow navigated a dramatic 97% valuation drop, reshaping the fintech's culture by eliminating HR and implementing strategic layoffs.

International Business Times UK

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AAP

BLUE OCEAN TECHNOLOGIES APPOINTS WILLIAM GOODBODY, JR. AS HEAD OF MARKET OPERATIONS FOR BLUE OCEAN ATS IN AUSTRALIA

NEW YORK & MELBOURNE, Australia, May 20, 2026 /PRNewswire/ -- Blue Ocean Technologies, LLC, a capital markets fintech leader in global trading and data, announced today the appointment of William Goodbody, Jr. (Bill) as Head of Market Operations. Based in Melbourne Australia, this corporate development mark's Blue Ocean's expansion into…

International Business Times

Building the Future of Finance: Inside the Vision of Garth Howat

Garth Howat's work centers on connecting traditional finance with digital assets through regulated infrastructure built for global scale.

Personal Finance Advice

How Rastr Technologies Could Change the Business Future of Independent Comics Forever

Comic books are becoming progressively harder to break into for independent creators. One self-imposed problem for many indie creators is that they insist on doing business from an outdated and traditionalist mindset. Upcoming fintech companies with pioneering technologies, like Rastr Technologies, are proving that indie creators need to hyper-evolve the…

Euronews

Africa’s business leaders push for smarter growth at Paris forum {Business Africa}

Across all discussions at the Business Africa Forum, a common thread emerged: self-determination. Whether through fintech innovation, practical AI adoption, or network-driven investment strategies, African entrepreneurs are actively reshaping the rules of engagement.

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AAP

Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer

NEW YORK, May 19, 2026 /PRNewswire/ -- Augustus, the company building the world's first clearing bank for the AI era, today announced the appointment of Benjamin Alexander as Chief Compliance Officer. Benjamin joins from Column, where he served as Chief Compliance Officer and BSA/AML Officer, and brings over 15 years…

The Free Financial Advisor

Digital Dollar Discussions Are Raising New Concerns About Privacy and Banking

Digital dollar discussions have moved from policy rooms into everyday conversations across America. Central bank digital currency proposals, often tied to the Federal Reserve, now sit at the center of heated debates about financial control. Supporters point to faster payments and stronger fraud prevention, while critics warn about surveillance risks…

The Economic Times

Market Trading Guide: Buy PB Fintech, GE Shipping on Tuesday for gains up to 12%

Nifty recovered but volatility persists, with resistance at 23,650. Analysts recommend buying PB Fintech (Policybazaar) at Rs 1,749 for an 8% upside and GE Shipping at Rs 1,700 for a 12% upside, citing strong technical breakouts and momentum.

The Economic Times

Uber CEO on Travis Kalanick; Micron’s warning to India

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5.

MarketBeat

Insider Buying Says Upstart Isn’t Down for the Count

Upstart is a growing fintech with the potential to accelerate growth and begin taking share from its larger competitors, driven by an AI-powered platform.

The Economic Times

Why India cannot build a world-class fintech champ yet

India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with flexible licensing. A shift towards graduated licenses and a principles-based approach is needed to foster new financial products and services. This will unlock India's potential in consumer finance and cross-border money movement.

The Economic Times

Fintech firm Paramotor Digital files confidential IPO papers with SEBI

Paramotor Digital Technology has confidentially filed draft IPO papers with SEBI via the pre-filing route. Founded in 2016, the fintech and enterprise tech firm operates SpendPro, RewardOn, yayyy.shop and DevStack. The move signals growing IPO momentum among Indian tech companies amid improving investor sentiment and renewed capital market activity.

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