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Recent Current Affairs related to Fintech

9 News
10 August 2026 AGREEMENTS

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has signed multiple MoUs with various industry leaders to strengthen the startup ecosystem in India.

The department has partnered with Cashfree Payments to provide digital infrastructure support, Vultr India Pvt Ltd for cloud infrastructure support, and Darwin Dynamics LLP to foster entrepreneurship development. Additionally, it has signed agreements with Cars24 Services Pvt Ltd to promote AI-driven mobility innovation and the Council for Startup India (CSI) to enhance the growth and global competitiveness of Indian startups.

14 July 2026 AGREEMENTS

The Gujarat International Finance Tec-City (GIFT City) has signed an MoU with the Vietnam International Financial Center-Da Nang (VIFC-DN) in New Delhi.

The agreement aims to support the development of the international financial centre of Vietnam, promote cross-border investments, and strengthen financial and business linkages between India and Vietnam.

2 July 2026 BANKING

LEXI Money IFSC Pvt Ltd (LEXI), an AI-powered trade and payments platform, has received in-principle approval from the International Financial Services Centres Authority (IFSCA).

This approval authorizes the platform to operate as a Payment Service Provider (PSP) at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT-IFSC) in Gandhinagar, Gujarat.

15 June 2026 BANKING

Viyona Fintech India Pvt Ltd, a National Payments Corporation of India (NPCI)-certified Technology Service Provider, has received certification as a Biller Operating Unit (BOU) under the Bharat Bill Payment System (BBPS).

The BBPS is operated by NPCI Bharat BillPay Ltd (NBBL). This certification enables Viyona to facilitate billers across various sectors to collect payments through the Bharat BillPay network.

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