ECONOMY
India’s Fintech Journey Enters Next Phase As UPI Becomes Cornerstone
India’s fintech story has moved well beyond digital payments, with the Unified Payments Interface (UPI) emerging as a cornerstone of the country’s digital economy and financial inclusion. The next phase, however, will require the industry to extend the same scale and simplicity to credit, insurance, savings, investments and pensions. The evolution of India’s fintech ecosystem […]
CW Bureau
·
Sep 9, 2026
STARTUP/TECHNOLOGY
Paytm Shifts Into Growth Gear As Profits Strengthen, AI Gains Pace
Paytm is targeting sustained long-term profit growth as the fintech company looks to accelerate revenue, expand its consumer and merchant businesses and leverage artificial intelligence (AI) to drive operating efficiencies. In a message to shareholders in the company’s Annual Report 2026, Paytm Founder & CEO, Vijay Shekhar Sharma said the business has become sustainably profitable, […]
CW Bureau
·
Aug 22, 2026
STARTUP/TECHNOLOGY
MobiKwik Focuses On 30-35% FY27 Growth, Eyes 10x Revenue By FY28
MobiKwik is targeting 30-35% growth in payments and digital credit GMV in FY27 and has set an ambitious goal of 10x revenue by FY28, as the fintech platform looks to scale its payments, lending, merchant acquiring and artificial intelligence businesses. In their message to shareholders in the company’s Annual Report 2026, Bipin Preet Singh, Co-Founder, […]
Sajan C Kumar
·
Aug 21, 2026
STARTUP/TECHNOLOGY
EbixCash Integrates Wallet With BHIM UPI, Scales UPI Payment Capabilities
EbixCash has integrated its Prepaid Payment Instrument (PPI) Wallet with BHIM UPI, allowing its more than 14 lakh active wallet users to make UPI QR code payments directly using their wallet balance. The move is aimed at boosting customer engagement and increasing transaction volumes by making the wallet part of India’s mainstream UPI ecosystem. The […]
CW Bureau
·
Aug 5, 2026
GENERAL
Flipkart Unveils Pay Later With PayU, Expands Credit Across E-Commerce
Flipkart Group has partnered with PayU Finance to launch Flipkart Pay Later, a new embedded credit solution that offers customers flexible repayment options at checkout across Flipkart, Myntra and Flipkart Minutes, as the e-commerce major deepens its push into digital financial services. The offering provides three repayment choices: Pay Later with up to 30 days […]
CW Bureau
·
Jul 30, 2026
BANKING & FINANCE
HiWiPay Gets IFSCA Nod To Set Up Payment Services Arm In GIFT City
Cross-border payments platform HiWi Forex Transaction Services Pvt Ltd (HiWiPay) has received in-principle approval from the International Financial Services Centres Authority (IFSCA) to establish a wholly-owned subsidiary as a payment service provider (PSP) at the GIFT International Financial Services Centre (GIFT IFSC). The approval marks a significant milestone for the fintech company as it seeks […]
CW Bureau
·
Jul 1, 2026
BANKING & FINANCE
CAMS Doubles Down On AI, Platform Modernisation Amid Diversification
Computer Age Management Services Ltd (CAMS) is strengthening its technology-led growth strategy with continued investments in platform modernisation, digital architecture, automation and artificial intelligence (AI), as the company seeks to consolidate its leadership in India’s rapidly expanding financial services ecosystem. In his message to shareholders in the company’s Annual Report 2025-26, CAMS Chairman Dinesh Kumar […]
CW Bureau
·
Jun 16, 2026
STARTUP/TECHNOLOGY
Paytm Launches Pocket Money For Teenagers To Make UPI Payments
Paytm (One 97 Communications Ltd), India’s full-stack merchant payments leader serving MSMEs and enterprises, and the pioneer of mobile payments, QR codes and Soundbox, has announced the launch of Paytm Pocket Money. The feature enables teenagers to make Paytm UPI payments without having their own bank account, while allowing parents and trusted family members to […]
CW Bureau
·
May 18, 2026
BANKING & FINANCE
Digital NBFCs’ Personal Loan Book Set To Surpass ₹3.6 Lakh Cr By FY30
The personal loan portfolio of digital NBFCs is expected to exceed ₹3.6 lakh crore by FY30, translating into a CAGR of 26%–28% over FY25–FY30. Growth prospects remain strong, driven by increasing digital penetration and an expanding borrower base, according to a CareEdge report. Outstanding Personal Loan Portfolio Doubles As per data from the Fintech Association […]
CW Bureau
·
Mar 28, 2026
