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The Latest Breaking News from fintech

PayPal winds down venture arm as fintech giant restructures under new CEO

The fintech is exploring the sale of parts of its portfolio on the secondary market.

Fortune

UK payment firms increase compliance spending after FCA imposes record AML fines

Industry data shows that risk and compliance hiring in UK fintech rose for a third consecutive year in 2025. Morgan McKinley reported that financial crime and fraud-related roles were the fastest-growing compliance categories, with London accounting for nearly three-quarters of all UK fintech vacancies heading into 2026.

International Business Times

Banks, fintechs join forces to fight money laundering, terror financing under new platform

India's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other entities. ARIFAC aims to improve anti-money laundering and combating financing of terrorism efforts. It will focus on training, sanctions, and digital risks. The platform will foster collaboration and enhance compliance…

The Economic Times

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Turtlemint Fintech sets IPO price band at Rs 144-152 for Rs 883 crore offer. Know GMP, other key details

Insurtech firm Turtlemint Fintech Solutions is launching its Rs 883 crore IPO on June 19, with a price band of Rs 144-152 per share. The issue includes a fresh issue and an offer-for-sale, with proceeds aimed at infrastructure, technology development, and marketing. The company, founded in 2015, simplifies insurance policy…

The Economic Times

How Is Broadridge Financial’s Stock Performance Compared to Other Fintech Stocks?

Broadridge Financial has outpaced its industry peers over the past year, and analyst sentiment toward the stock remains reasonably bullish.

Barchart

Barclays to buy GoHenry kids’ debit card and money app

High street bank to buy UK business from US fintech company Acorns as it targets young people

The Guardian - UK

Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain

Read about the definitive list of the most important names in crypto, from Coinbase to Franklin Templeton to Hyperliquid.

Fortune

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NYSE Content Update: HUD Sec. Turner Highlights National Homeownership Month

NEW YORK, June 9, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on June 9thThe S&P 500 will look to extend…

AAP

How Is Fidelity National Information Services’ Stock Performance Compared to Other Fintech Stocks?

Fidelity National Information Services has underperformed its industry peers over the past year, yet Wall Street analysts remain moderately optimistic about its prospects.

Barchart

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

Former Mirae Asset head Ashish Dave bets big on India's VC reset

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

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

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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…

MarketBeat

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

The Economic Times

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…

MarketBeat

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.

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AAP

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…

MarketBeat

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

The Economic Times

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.

AAP

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…

The Economic Times

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…

Evening Standard

Wise under investigation in Europe over money laundering controls

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

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.

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