PaySprint is redefining the Indian fintech landscape by prioritising reliable, compliant infrastructure designed to withstand regulatory and operational pressures, signalling a move beyond mere consumer growth. PaySprint is betting that the next phase of Indian fintech will be defined less…
Mumbai-based Rezolv secures $12.5 million in Series A funding led by Norwest Venture Partners, aiming to revolutionise credit infrastructure with expanded AI capabilities across the lending cycle. Mumbai-based lending technology start-up Rezolv has raised $12.5 million in a Series A…
Razorpay’s AI-powered payments foundation model, trained on four billion transactions, promises to boost success rates, enhance fraud detection, and personalise checkouts in India’s expanding digital economy, signalling a significant technological leap. Razorpay says it has built an artificial intelligence payments…
BASE’s PAY ID service celebrates surpassing 20 million user registrations with a two-week promotional campaign featuring social media activities and reward enhancements, marking a significant milestone for the online shopping ecosystem. BASE said on 17 August that PAY ID had…
The Reserve Bank of India plans to test durable polymer banknotes for ₹10 and ₹20 notes, aiming to reduce costs and improve security, amid the ongoing expansion of digital payment systems. India’s central bank is preparing to test polymer banknotes…
India’s blue-collar gig workforce is transforming from an informal sector into a structured system, with platforms integrating trust, onboarding, and retention measures to cater to a burgeoning, mainly first-time worker base, signalling a significant evolution in the country’s labour landscape.…
Qatar Post launches a new remittance service to India based on the UPI payments system, offering migrant workers an easier, cheaper way to send money home and signalling a shift towards wider international use of India’s digital payment infrastructure. Qatar…
Egypt’s Financial Regulatory Authority has granted licences to two companies to provide non-banking financial services through fintech, signalling a significant step towards broadening digital access and competition in the country’s financial sector. Egypt’s Financial Regulatory Authority has approved two companies…
Resilient Asset Management BV, controlled by Paytm founder Vijay Shekhar Sharma, has proposed selling up to 4.98% of its stake in Paytm’s parent company, in a move that further unwinds previous structures tied to Chinese investment and reflects ongoing strategic…
BRICS countries are considering integrating their instant payment platforms and central bank digital currencies ahead of the 2026 summit, aiming to streamline cross-border transactions and reduce reliance on traditional payment rails. BRICS countries are exploring ways to link their instant…
Indian exporters and service firms must navigate complex foreign exchange rules, accurate purpose coding, and meticulous documentation to ensure their payments from Saudi clients land correctly and swiftly, avoiding delays and compliance issues. For Indian exporters and service firms, getting…
Divar, an Iranian classifieds platform, has reduced car listing fraud reports by 50% through a multi-layered AI-powered system that includes instant account blocking, buyer warnings, and license-plate verification, aiming to combat sophisticated scam tactics. Iranian classifieds platform Divar says it…
