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THE TRUTH ABOUT: 7 - The Untold Story

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,…

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…

The Economic Times

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.

inkl

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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…

The Economic Times

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

MarketBeat

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…

The Economic Times

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Alkami Technology Touts $500M ARR, AI Upside and Bank Demand at Fintech Event

Alkami Technology (NASDAQ:ALKT) executives outlined the company’s growth strategy, financial outlook and market positioning during a William Blair fintech and payments event, emphasizing demand from regional banks and credit unions seeking digital capabilities comparable to large banks and fintechs.

MarketBeat

DXC Launches DXC CoreIgnite to Help Financial Institutions Rapidly Connect to and Scale Fintech Ecosystems

ASHBURN, Va., June 3, 2026 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the launch of DXC CoreIgnite, a cloud‑native revenue orchestration platform designed to give financial institutions a single connection point to fintech ecosystems, orchestrate financial workflows, and activate new revenue opportunities…

AAP

UP Fintech Q1 Earnings Call Highlights

UP Fintech (NASDAQ:TIGR) reported higher first-quarter revenue and operating profit, while a one-time regulatory penalty drove the online brokerage to a quarterly net loss. Chairman and CEO Tianhua Wu said total revenue for the first quarter of 2026 reached $155 million, up 26.3% from a year earlie

MarketBeat

Unified Lending Interface is a good start. Now comes the hard part

India's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.

The Economic Times

SUNRATE Named Among Top 100 Cross-Border Payment Companies for 2026 by FXC Intelligence

SINGAPORE, June 2, 2026 /PRNewswire/ -- SUNRATE, the global payments and treasury management platform, has been named among the Top 100 Cross-Border Payment Companies for 2026 by FXC Intelligence, marking the third consecutive year the company has been included in the ranking. FXC Intelligence's annual list celebrates the most innovative…

AAP

Japan’s MUFG readies $250 million India fund as investor mix shifts in startup funding

Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG's initiative aims to fill this gap, backing India's digital growth. The fund could…

The Economic Times

Wise under investigation in Europe over money laundering controls

The fintech firm confirmed it was responding to questions from Belgian authorities.

Evening Standard

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The Independent UK

Wise shares under pressure as Belgian authorities question firm

The fintech firm confirmed it was responding to questions from the Belgian prosecutor.

The Economic Times

PB Fintech shares in focus after founders sell stake worth Rs 665 crore in Policybazaar parent

PB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman Sachs and Morgan Stanley bought these shares. This follows previous stake sales by the founders. PB Fintech reported strong revenue and profit growth for the January-March quarter. The…

The Economic Times

Stocks in news: IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, Vedanta

Markets experienced significant volatility on Friday, with indices falling in the final hour due to heavy institutional selling. Several companies like IndiGo, Suzlon Energy, and Patanjali Foods are in focus today. Vedanta received its highest domestic credit rating in over a decade.

MarketBeat

5 Best Growth Stocks for the Next 10 Years

These 5 long-term growth stocks could benefit from AI, cybersecurity, GLP-1 drugs, and fintech trends over the next decade

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The Economic Times

LIC plans foray in fintech space, strategic investment also on table: CEO Doraiswamy

Insurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilution by the government. LIC has recently rewarded shareholders with a bonus issue and increased dividend. The company reported a significant net profit increase for the March quarter.

The Economic Times

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.

Barchart

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.

The Economic Times

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.

AAP

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…

Fortune

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.

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