#fintech Tech News.

Ant International, a Singapore-based digital payments and fintech company spun out of Ant Group in 2024, raised approximately $1.2 billion in Series A funding. Affiliates Ant Group and Alibaba Group participated. The company will use the capital to accelerate global expansion in merchant payment, account management, and enterprise financial services.

Paytm is investing Rs 100 crore into its wealthtech arm Paytm Money for expansion, technology, and regulatory capital. AI-driven offerings are boosting engagement and revenue across equity broking, margin trade funding, and wealth products. Paytm Money had 7.65 lakh active clients as of March 2026.

Samsung launched the Galaxy Card, a Visa credit card issued by Barclays US Consumer Bank, offering up to 5% cashback on Galaxy device purchases. The metal card with a matte black finish integrates with Samsung Wallet and opens for applications on July 22, competing with the Apple Card.

Vartis Platforms, LenDenClub's parent, posted a 183% profit jump to ₹96.2 Cr in FY26 as revenue rose 43% to ₹338 Cr. The startup processed nearly ₹5,000 Cr in transactions and plans a merchant lending platform. It targets ₹550 Cr revenue in FY27.

Paytm reported a 79% rise in net profit to Rs 220 crore for Q1 FY27, with revenue up 28% to Rs 2,448 crore. Despite broad-based growth across segments, the stock fell 2.14% on the National Stock Exchange in Tuesday morning trading.

Paytm reported a 79% YoY profit jump to ₹220 Cr and 27.6% revenue growth to ₹2,448 Cr in Q1. NVIDIA is offering credit support to AI cloud providers for GPU procurement, taking a share of future revenues. Redcliffe Labs is acquiring Megavision Diagnostics for ₹40 Cr. BlueStone posted a ₹6 Cr profit on 50% revenue growth.