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The Latest Breaking News from fintech

Turtlemint Fintech IPO Day 1: Retail portion subscribed 10%. Check GMP, brokerage calls and other details

Turtlemint Fintech’s IPO opened to a cautious response, with modest early subscription and stronger participation from retail investors. Muted grey market signals and mixed brokerage views reflect balanced sentiment, while investors remain focused on execution, growth potential and the company’s path to profitability.

The Economic Times

Turtlemint Fintech's Rs 883 crore IPO opens for subscription. Check brokerage review, GMP and other details

The IPO comprises a fresh issue worth Rs 660.7 crore and an offer for sale (OFS) of Rs 221.9 crore, taking the total issue size to about Rs 883 crore. The price band has been fixed at Rs 144-152 per share.

The Economic Times

Turtlemint Fintech’s Rs 883 crore IPO set to open: GMP, price band & other key details

Turtlemint Fintech Solutions launches its Rs 883 crore IPO on June 19. The price band is Rs 144-152 per share. The IPO includes a fresh issue and an offer-for-sale. Proceeds will strengthen infrastructure and fund growth. Turtlemint simplifies insurance policy purchase and management for customers and advisors.

The Economic Times

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Tencent Cloud and China CITIC Bank International Limited Sign Strategic Cooperation Agreement to Accelerate FinTech 2.0 Transformation

HONG KONG, June 18, 2026 /PRNewswire/ -- At Tencent Cloud Day Hong Kong, Tencent Cloud, the cloud business of Tencent, announced the signing of a Strategic Cooperation Agreement with China CITIC Bank International Limited (CNCBI). The agreement, which marks one of the most comprehensive partnerships between a Chinese-funded bank in…

AAP

Mobikwik shares in focus as IPO lock-in expiry frees up stake worth Rs 317 crore for trade

The shares of the fintech platform had made a solid market debut in December, 2024, listing with nearly 59% premium over the IPO price at Rs 442.25 apiece on BSE. This came after the initial public offering (IPO) of the fintech platform that aimed to raise Rs 572 crore saw…

The Economic Times

Fintechs bet big on corporate bonds as retail participation surges

Retail investors are increasingly participating in corporate bonds, with monthly investments surging to Rs 1,500-2,000 crore. This growth is driven by increased advertising, investor education, and a wider range of issuers. Fintech platforms are actively expanding their offerings in this segment, recognizing bonds as a significant growth opportunity.

The Economic Times

Visa and Mintoak Join Forces to Bring Merchant SaaS Capabilities to Acquirers Across Asia Pacific

SINGAPORE, June 17, 2026 /PRNewswire/ -- Visa (NYSE: V), a global leader in digital payments, today announced a partnership with Mintoak, a merchant Software-as-a-Service (SaaS) fintech platform, to enable acquirers across Asia Pacific to strengthen their merchant propositions beyond core payment acceptance.

AAP

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HOOD Stock Layoffs: What to Know as Robinhood Slashes 10% of Jobs

Robinhood shares are in focus as management announces a new wave of layoffs. But these job cuts aren’t really bearish for HOOD stock. Find out more!

Barchart

PayPal winds down venture arm as fintech giant restructures under new CEO

The fintech is exploring the sale of parts of its portfolio on the secondary market.

Fortune

UK payment firms increase compliance spending after FCA imposes record AML fines

Industry data shows that risk and compliance hiring in UK fintech rose for a third consecutive year in 2025. Morgan McKinley reported that financial crime and fraud-related roles were the fastest-growing compliance categories, with London accounting for nearly three-quarters of all UK fintech vacancies heading into 2026.

International Business Times

Banks, fintechs join forces to fight money laundering, terror financing under new platform

India's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other entities. ARIFAC aims to improve anti-money laundering and combating financing of terrorism efforts. It will focus on training, sanctions, and digital risks. The platform will foster collaboration and enhance compliance…

The Economic Times

Turtlemint Fintech sets IPO price band at Rs 144-152 for Rs 883 crore offer. Know GMP, other key details

Insurtech firm Turtlemint Fintech Solutions is launching its Rs 883 crore IPO on June 19, with a price band of Rs 144-152 per share. The issue includes a fresh issue and an offer-for-sale, with proceeds aimed at infrastructure, technology development, and marketing. The company, founded in 2015, simplifies insurance policy…

The Economic Times

How Is Broadridge Financial’s Stock Performance Compared to Other Fintech Stocks?

Broadridge Financial has outpaced its industry peers over the past year, and analyst sentiment toward the stock remains reasonably bullish.

Barchart

Barclays to buy GoHenry kids’ debit card and money app

High street bank to buy UK business from US fintech company Acorns as it targets young people

The Guardian - UK

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Fortune

Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain

Read about the definitive list of the most important names in crypto, from Coinbase to Franklin Templeton to Hyperliquid.

AAP

NYSE Content Update: HUD Sec. Turner Highlights National Homeownership Month

NEW YORK, June 9, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on June 9thThe S&P 500 will look to extend…

Barchart

How Is Fidelity National Information Services’ Stock Performance Compared to Other Fintech Stocks?

Fidelity National Information Services has underperformed its industry peers over the past year, yet Wall Street analysts remain moderately optimistic about its prospects.

The Economic Times

Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fund

Ashish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will invest in Series B and C startups. This move is part of a trend of seasoned investors starting independent funds. Sanskrit Capital will focus on fintech, consumer internet,…

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The Economic Times

Former Mirae Asset head Ashish Dave bets big on India's VC reset

The Economic Times

LIC in talks with regulators on long-term instruments to match growing liabilities: CEO

Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment options. Inflows into LIC's annuity products are growing. The company is also considering a fintech arm. LIC is prepared for further stake dilution by the government. The government is…

inkl

Why Nordic Open-Banking Payments Have Quietly Become A Global Newsroom Beat In 2026

Why Nordic open-banking payments have become a global newsroom beat in 2026, with a brief consumer-side detour through Finland's payment-app ecosystem.

The Economic Times

AMFI bars Stable Money from distributing mutual funds for six months

Fintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mutual funds until November 2026. The Association for Mutual Funds in India imposed the restriction, impacting investors' SIPs. While the exact reason remains unclear, industry insiders suggest potential violations in advertising or documentation. This…

The Economic Times

Fintech WeRize raises $7 million led by Sony Innovation Fund

Bengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The capital will bolster its AI and technology capabilities, expanding its product offerings to include mutual funds, bonds, credit cards, and housing loans. WeRize targets consumers in smaller cities, distributing financial products through local…

MarketBeat

IDT Q3 Earnings Call Highlights

IDT (NYSE:IDT) raised its full-year fiscal 2026 profit outlook after reporting higher third-quarter revenue, record gross profit and expanding margins, driven by growth in its higher-margin NRS, Fintech and net2phone segments. Chief Executive Officer Shmuel Jonas said the company’s year-over-year r

The Economic Times

Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish Dahiya

Policybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturing license. Yashish Dahiya, the group chairman of PB Fintech, said the company has shared its concerns with the regulator about the potential impact of such caps on the industry, but added that there is…

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