Fintech
PhonePe plans to engage more than 20,000 frontline staff and deploy over 5 million smart speakers and point-of-sale devices across India within a year, with about half of the devices headed for rural areas and Tier 6 towns.
Shaym Kumar
Author
Cross-border payments company PayGlocal, co-founded by Prachi Dharani, has received IFSCA in-principle approval to set up a payment service provider subsidiary in GIFT-IFSC.
London-headquartered travel-payments specialist CellPoint has raised $34 million from Toscafund and launched Zenith, an AI decision engine that sits above payment orchestration to optimise approval rates, costs and revenue recovery for airlines and hotels.
PhonePe has secured in-principle approval from the Central Bank of the UAE for two payment licences, its first regulatory clearance outside India, as the Walmart-backed fintech plans to plug into local rails Aani and Jaywan.
PhonePe processed more than 11 billion Unified Payments Interface transactions in August 2026, extending its lead over Google Pay in India's digital payments market as UPI volumes continue to set new records.
PhonePe processed more than 11 billion Unified Payments Interface transactions in August 2026, extending its lead over Google Pay in India's digital payments market as UPI volumes continue to set new records.
Berlin-based AI tax-technology startup Limetax has raised €6 million in equity from Motive Partners, Activant and Heliad, alongside a €30 million credit facility from a German banking consortium to fund acquisitions.
Irish cybersecurity startup ZeroRisk has raised $10 million in Series A funding led by MiddleGame Ventures, aiming to give banks and payment processors continuous visibility into merchant-portfolio risk.
Wealth-management technology platform Savvy Wealth has raised $100 million in a round backed by Halo Fund, Thrive Capital and Index Ventures, as it scales its AI-augmented financial advisory model for independent advisors.