Fintech Industry News

A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

thehindu.com - Ashokamithran T. - Personal loan defaults up in fintech firms: RBI
Personal loan defaults up in fintech firms: RBI
The Hindu

Fintech firms' small ticket personal loan defaults rose to 6.4% in March from a little over 4% in March 2024 signalling potential asset quality risks, according to Reserve Bank of India's Financial Stability Report (FSR) June 2026. Small ticket…

thehindubusinessline.com - Fintechs bet on UPI-led engagement to build lending, commerce business
Fintechs bet on UPI-led engagement to build lending, commerce business
BusinessLine

India's fintech companies are increasingly looking beyond UPI payments, using them as a gateway to build higher-margin businesses such as lending, commerce and financial services. Flipkart-backed super.money said the next phase of fintech growth…

arkansasonline.com - Sana Pashankar and Kiel Porter Bloomberg (WPNS) - Alphabet to give $30M to fintech startup Nebex | Arkansas Democrat Gazette
Alphabet to give $30M to fintech startup Nebex | Arkansas Democrat Gazette
Arkansas Online

Alphabet Inc.'s Google Ventures led a funding round to provide $30 million in seed money to a fledgling space fintech company founded by Axiom Space Inc.'s former Chief Executive Officer Tejpaul Bhatia. The startup, called Nebex, will serve as an…

fortune.com - Emma Burleigh - Remote-first fintech giant Revolut is making the office compulsory for new Gen Z grads-and they'll earn flexibility like their peers after one year
Remote-first fintech giant Revolut is making the office compulsory for new Gen Z grads-and they'll earn flexibility like their peers after one year
Fortune

After five years of offering staff work-from-anywhere perks, Revolut is pulling back on its “remote-first” policy—but just for some young hires. Now, the London-based company will require fresh-faced graduate workers to come…

cityam.com - Samuel Norman - UK fintech Monovate makes £8.3m loss as it dumps European arm
UK fintech Monovate makes £8.3m loss as it dumps European arm
City AM

A key fintech partner of Mastercard and Visa suffered a hit to its bottom line as the business kicked its loss-making European arm to the curb and counted the costs of a major accounting error. Monovate – which acts as a licensed middle man…

pymnts.com - PYMNTS - FinTech Partnerships Force Banks to Fix API Oversight
FinTech Partnerships Force Banks to Fix API Oversight
PYMNTS.com | Breaking News, Trends and Analysis

Banks are shifting from adding FinTech partners to governing APIs, credentials, user permissions and third-party connections across expanding digital ecosystems. PYMNTS Intelligence finds partnerships remain central to innovation, but…

americanbanker.com - John Adams - Elon Musk's 'bank' is live. What it needs to threaten fintechs
Elon Musk's 'bank' is live. What it needs to threaten fintechs
American Banker

Key insights: Elon Musk's X Money has launched to a select group of users, with a wider rollout expected. What's at stake: Musk for years has been touting X's ability to be a platform for financial services, in competition with PayPal, Cash App and…

fool.com - Sara Appino - American Express vs. SoFi Technologies: Which Financial Stock Is a Better Buy in 2026?
American Express vs. SoFi Technologies: Which Financial Stock Is a Better Buy in 2026?
The Motley Fool

Investors often struggle to choose between established market leaders and aggressive digital disruptors. In 2026, comparing American Express (AXP +0.43%) and SoFi Technologies (SOFI 1.10%) highlights the contrast between high-end legacy stability…

forbes.com - David Prosser - How Nomerra Plans To Solve The Paperwork Crisis In Private Markets
How Nomerra Plans To Solve The Paperwork Crisis In Private Markets
Forbes

Private markets firms are in danger of being overwhelmed by paperwork and manual processes Private markets are the investment story of our time. No longer content to limit themselves to stock market-listed companies, investors worldwide are pumping…

forbes.com - Boaz Sobrado - Peptide Payments: The $1 Billion Industry Banks Won't Touch
Peptide Payments: The $1 Billion Industry Banks Won't Touch
Forbes

Signage for Peptide Therapy treatments on glass, Lafayette, California, May 8, 2026. (Photo by Smith Collection/Gado/Getty Images) 'An off-rail transaction is basically closed loop, which doesn't touch Visa and Mastercard,' Mark Lewis said. He was…

forbes.com - Tanya Benedicto Klich - Mila Raises $2.5 Million Pre-Seed To Market Intimate Wellness As An Integral Element Of Daily Self-Care
Mila Raises $2.5 Million Pre-Seed To Market Intimate Wellness As An Integral Element Of Daily Self-Care
Forbes

Mila, the new female-founded, design-led intimate wellness brand, announced the close of an oversubscribed $2.5 million pre-seed funding round Mila, the female-founded, design-led intimate wellness brand, has closed an oversubscribed $2.5 million…

seekingalpha.com - Tyler Wiedwald - Toast: The Market Is Focused On The Wrong Metric (NYSE:TOST)
Toast: The Market Is Focused On The Wrong Metric (NYSE:TOST)
Seeking Alpha

Toast (TOST) is rated Buy with a 12-month price target of $32, reflecting underestimated growth and profitability. Recurring gross profit rose 27% and monetization take rate exceeded 1%, signaling compounding value beyond payment volume growth.

forbes.com - Christian Catalini - Why An Open Standard Will Win The Stablecoin Race
Why An Open Standard Will Win The Stablecoin Race
Forbes

Open Standard launched a new stablecoin ecosystem (source: https://joinopenstandard.com/) Today, more than 140 companies, most of which compete fiercely with one another, agreed to back the same stablecoin. The vehicle is Open Standard, a new and…

forbes.com - Alex Lazarow - AI Is Repricing Software Which Is Splitting Old Moats
AI Is Repricing Software Which Is Splitting Old Moats
Forbes

'Bodiam, UK - July, 10th 2010: Historic Bodiam Castle and moat in Kent frames by nearby trees at dawn' Last week a Blackstone-led group took control of Medallia from Thoma Bravo, and Thoma Bravo wrote off close to $5 billion. By one widely cited…

www.gov.uk - Competition and Markets Authority - CMA consults on new requirements for Apple and Google's mobile platforms
CMA consults on new requirements for Apple and Google's mobile platforms
GOV.UK

The CMA is consulting on new conduct requirements for Apple and Google under the UK digital markets competition regime. The proposed requirements would remove restrictions currently preventing UK app developers from ‘steering' their…

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