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The Latest Breaking News from fintech

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

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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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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…

AAP

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.

International Business Times

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…

Personal Finance Advice

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.

Euronews

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…

AAP

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 Free Financial Advisor

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

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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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Barchart

This Analyst Just Upgraded Affirm. What It Means for AFRM Stock.

Affirm stock rallies as Mizuho raises price target on the fintech firm. Here’s why analyst Dan Dolev is constructive on AFRM shares for the remainder of 2026.

Everybody Loves Your Money

API Security Lock: Why Budget Apps Are Losing Bank Access in 2026

The golden age of effortless budgeting apps suddenly looks a lot shakier in 2026. Millions of Americans woke up to broken bank connections, frozen transaction feeds, and apps that once tracked spending down to the coffee run now flashing frustrating error messages instead. Popular money tools built their entire business…

MarketBeat

Chime Finally Turns Profitable—But Risks Remain

Chime Financial delivered its first profitable quarter as revenue growth, margin expansion, and loan growth strengthened the fintech’s future prospects.

The Economic Times

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

Fintechs trade the wild west for regulatory licences

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like PB Fintech, Mobikwik, and Paytm are pursuing multiple licenses across payments, lending, and wealth management. This strategic shift allows them to manage the entire customer lifecycle and capture greater revenue, driven by…

The Economic Times

India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit Shah

India will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the Indian Cyber Crime Coordination Centre and the Reserve Bank of India’s Innovation Hub. This collaboration will help detect and block suspicious accounts faster. Consumers can expect safer digital transactions…

The Economic Times

Hiring precision, not speed, defines growth for fintechs that build for SMEs, says Tide

The platform's FY 2025-26 data shows a shift towards 'precision-led hiring' to build stable, high-performing teams, acknowledging that critical roles now take longer to fill. This approach prioritises long-term fit and directly impacts product delivery and SME experience.

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