The Latest Breaking News from fintech

The Tamil Nadu government has come under criticism for awarding the contract for developing infrastructure at the upcoming Fintech City in Nandambakkam, Chennai, to the Namakkal-based PST Engineering Construction, which came under the scanner for constructing poor quality apartments for the economically weaker sections at K.P. Park in Chennai

City Voices: Fintech founders are scared to face the fact that their blockbuster IPO dream is no longer realistic

Cashless societies, where transactions are entirely digital, are gaining traction in many parts of the world, particularly after a pandemic-era boom in demand for online banking.

Microsoft isn’t the only firm to warn the tide is turning

The Delhi High Court on June 1 refused to stay at this stage an investigation against BharatPe co-founder Ashneer Grover and his wife Madhuri Jain in a case of an alleged ₹81 crore fraud based on a complaint by the fintech unicorn.

Given the growing adoption of digital financial services, the long-term prospects of the fintech industry look bright. However, not all fintech stocks can capitalize on the industry tailwinds. Therefore, it could be wise to avoid fundamentally weak fintech stocks Marathon Digital (MARA), Bit Digital (BTBT), and Argo Blockchain (ARBK). Read…

The Newcastle company says the app will close in two months, saying 'we’re really sorry to put you through the inconvenience of having to leave us'

As many as 185 startup spinouts have been created from 27 London unicorns

Payments orchestration business Paydock has become the latest London fintech to attract an eight-figure funding round, the Standard can reveal.