New Delhi, April 28 (IANS) India’s fintech sector raised $513 million in Q1 2026, marking a 2 per cent increase over Q1 2025 even as the number of funding rounds moderated to 45 from 99 a year earlier, a report said on Tuesday.The report from data intelligence platform Tracxn Technologies Limited said the headline stability masks a structural shift of capital concentrating across half deals.Average cheque sizes more than doubled as investors favour proven, later‑stage companies. Late‑stage…
Latest Fintech sector News & Updates
Washington, Feb 6 (IANS) The US Treasury is betting that stablecoins backed by government securities can strengthen the global role of the dollar, with Treasury Secretary Scott Bessent defending new legislation on digital assets before Congress.Testifying before the Senate Banking Committee, Bessent praised the GENIUS Act, which requires stablecoins to be backed by high-quality liquid assets such as US Treasuries.“This framework has the potential to expand dollar dominance, increase global dem…