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The Latest Breaking News from fintech

PB Fintech founders Yashish Dahiya, Alok Bansal sell 0.8% stake worth Rs 665 crore

The shares were acquired by investors including Goldman Sachs, Morgan Stanley, Hong Kong-based Viridian Asset Management, Kotak Securities, Tata Mutual Fund, National Pension System Trust, and other domestic and foreign portfolio investors. The transaction was executed at Rs 1,751 per share.

The Economic Times

Oxyzo Financial Services FY26 net profit rises 11% to Rs 375 crore, on 23% revenue jump

The profitable fintech lender is looking to widen its debt-market play through the acquisition of Rainmatter-backed GoldenPi Technologies, an online bond distribution platform.

The Economic Times

How Is Mastercard's Stock Performance Compared to Other FinTech Stocks?

Although Mastercard has underperformed its industry peers recently, analysts remain highly optimistic about the stock’s prospects.

Barchart

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Listed digital payment majors finally turn a corner in FY26

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines.

The Economic Times

EquiLend Names Delta Capita as an Implementation Partner for EquiLend Spire

NEW YORK, May 28, 2026 /PRNewswire/ -- EquiLend, a global fintech leader in securities finance, and Delta Capita, the global financial services consulting, managed services, and technology firm, today announced a new strategic partnership. This partnership will see Delta Capita serving as an implementation partner for EquiLend Spire, a securities…

AAP

Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe

The new product will help companies generate invoices and bill customers for how much they’ve used a software developer’s platform.

Fortune

EFICYENT Marks Global Presence at Money20/20 Asia and Money20/20 Europe

DUBAI, UAE, May 27, 2026 /PRNewswire/ -- Cross-border payments platform continues international fintech engagement across Asia and Europe EFICYENT, a cross-border payments and fintech platform, recently participated in the Money20/20 Asia in Bangkok and is now attending Money20/20 Europe in Amsterdam as part of its ongoing global expansion efforts.The company's…

AAP

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Fuelled by lending boom, DPDzero bets big on AI-led debt recovery

As India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.

The Economic Times

Three mortgages, zero salaries: What do families do when everyone loses their job together? Viral layoff story reveals fear, debt, and survival panic

A shocking rise in family financial crisis after layoffs is emerging as global job cuts accelerate across tech, fintech, and aviation sectors. In recent months, multiple households have reported simultaneous unemployment among all earning members, pushing savings under pressure. Rising interest rates, shrinking job openings, and delayed hiring are worsening…

The Economic Times

MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator license

One MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, strengthening its offline merchant payments business. The fintech firm also reported a return to profitability in Q4 FY26, supported by revenue growth and improving operational performance across its merchant ecosystem.

The Economic Times

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

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

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AAP

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…

The Economic Times

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

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…

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AAP

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…

The Economic Times

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,…

International Business Times UK

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.

AAP

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…

International Business Times

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 UK

'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.

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…

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