UPI, payments, lending, and the infrastructure powering India's digital-finance boom.
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PB Fintech reported Q1 FY27 results on 5 August 2026 with PAT up 92% to Rs 163 crore and revenue rising 40% to Rs 1,888 crore, led by 59% health insurance premium growth.
In July 2026, India and Spain agreed to advance technical talks on linking UPI with Bizum, Spain's 30-million-user payment platform, as UPI's international footprint reached nine countries.
Zaggle's board approved investing up to INR 7.97 crore for a 19.9% stake in cross-border payments firm Unobanc on 21 July 2026, targeting the company's RBI AD-II licence pipeline.
India and Spain agreed on 20 July 2026 to fast-track UPI-Bizum interoperability talks, enabling cross-border digital payments for Indian travellers and businesses in Spain.
India's fintech sector raised $2 billion in H1 2026 across 106 rounds, up 42% from H1 2025, led by CRED's $900M Series H. KreditBee and Square Yards became new unicorns.
Indian fintech raised $2 billion across 48 deals in Q2 2026, up 2.3x from Q1 and 80% year-on-year, with average deal size at a five-quarter record of $41.2 million.
Moneyview received SEBI's final observation on 29 June 2026, clearing its Rs 1,500 crore fresh issue IPO. Revenue hit Rs 2,339 crore in FY25 with Rs 240 crore profit.
Mynd Fintech acquired C2FO India on 3 July 2026, targeting Rs 60,000 crore in annual transactions across TReDS, dynamic discounting, and working capital for 200,000 Indian suppliers.
NPCI CEO Dilip Asbe said at Mumbai Tech Week 2026 that AI will drive UPI toward one billion daily transactions via voice payments in regional languages, fraud detection, and FIMI dispute resolution.
PayU launched Builder MCP and PayU CLI in late June 2026, connecting Cursor, VS Code, and Claude Desktop to PayU APIs to generate payment code in 7-plus languages and manage operations from the terminal.
Commerce Minister Piyush Goyal launched UPI at Galeries Lafayette Nice on 16 June 2026, with Paris and Nice airports next. UPI now accepts payments in nine countries worldwide.
Razorpay confidentially filed its DRHP with SEBI on 12 June 2026, targeting a ₹6,000 crore IPO. Here's what this milestone means for India's fintech ecosystem and builders.
UPI just shattered its own record with 23.2 billion transactions worth ₹29.9 trillion in May 2026 — and the implications for every founder building in India are profound.
UPI processed 228 billion transactions in 2025. Here's how to build on top of India's most powerful digital payments infrastructure.