Fintech Deep Dive — Sunday | May 3, 2026
Fintech Deep Dive — Sunday | May 3, 2026 Focus: Weekly Review Coverage Period: April 26 - May 2, 2026 Executive Summary The past week delivered a stark reminder of the regulatory risks facing India’s fintech sector, with the RBI cancelling Paytm Payments Bank’s licence—a historic enforcement action. Meanwhile, the UPI ecosystem faces unprecedented competitive pressure as Amazon, Meta, and other major players lobby for reforms to break the duopoly of PhonePe and Google Pay. Despite these headwinds, Indian fintech continues to attract capital, with KreditBee’s $280M Series E signaling continued investor confidence in the lending sector as it prepares for IPO. ...