financial technology
Indian-Origin Financial Innovator Arkin Gupta Recognized in Forbes Under-30 List for Revolutionary Fintech Solutions
Dec 09, 2025 09:48 pm CST
Indian-origin Arkin Gupta has earned a spot in the prestigious Forbes Under-30 list for his innovative contributions to financial technology and investment strategies. Recognized for developing data-driven frameworks and scalable financial products, Gupta aims to democratize access to smarter financial tools while enhancing transparency for first-time investors through his various high-impact fintech initiatives.
Elon Musk Reveals the Story Behind His 'X' Obsession and Vision for a WeChat-Like Platform
Nov 30, 2025 11:56 pm CST
In a revealing interview on Nikhil Kamath's podcast, Elon Musk discussed his long-standing fascination with the letter 'X', dating back to his 1999 acquisition of the X.com domain. Musk outlined his vision to transform X into a WeChat-style platform combining social media and financial services, while also sharing how the letter appears throughout his business empire and personal life, including his company SpaceX and his son's unique name.
Digital Fraud Incidents Rising Since July: RBI Deputy Governor Highlights Banking Sector Challenges
Nov 07, 2025 10:11 pm CST
RBI Deputy Governor T Rabi Sankar reports an uptick in digital fraud incidents since July after a period of decline, urging banks to modernize core infrastructure to compete with fintechs. The report details shifting fraud patterns, banking vulnerabilities, and the potential impact of digital currencies on traditional banking models.
India's Digital Payment Revolution: UPI Dominates with 85% Share as Digital Transactions Reach 99.8% of Total Volume
Oct 23, 2025 10:05 pm CST
According to the RBI's June 2025 Payment System Report, digital payments now account for 99.8% of transaction volume and 97.7% of value in India's payment ecosystem. UPI leads with 85% of transaction volume, while RTGS dominates value at 69%. This digital transformation shows remarkable growth from 2019-2025, with UPI transactions increasing from 1,079 crore to over 17,221 crore annually, demonstrating India's rapid shift toward a cashless economy.
RBI Governor Urges Fintechs to Build for Inclusion and Prioritize Underserved Populations
Oct 09, 2025 10:27 am CST
RBI Governor Sanjay Malhotra emphasizes the crucial role of fintech companies in expanding financial services to underserved communities, while highlighting innovations in digital finance infrastructure and measures to combat fraud. With India's fintech sector growing to 10,000 companies raising $40 billion over the past decade, the central bank is pushing for responsible innovation that combines inclusion, user-friendly design, and robust security measures.
Revolut Enters Indian Market with Digital Payment Platform, Targeting 20 Million Users by 2030
Oct 08, 2025 04:36 pm CST
London-based fintech giant Revolut is launching its payment platform in India through partnerships with UPI and Visa, investing £40 million to meet local data regulations. The company aims to acquire 20 million Indian customers by 2030 as part of its strategic global expansion, beginning with 350,000 waitlisted users later this year.