Global Fintech Festival Showcases New AI and Credit Solutions

The Global Fintech Festival 2026 commenced yesterday, highlighting numerous new fintech innovations. The day saw Indian fintech startups and NPCI introduce new products and services that extend beyond traditional payment functionalities.

Notable announcements included BharatPe's AI-powered tool for merchants, built on Google Cloud's Gemini Enterprise Agent Platform. This AI assistant aims to understand business operations and execute actions in real-time. BharatPe also launched Credit Coach, leveraging AI to enhance credit awareness through personalized videos.

Jio Payment Solutions, in partnership with US-based Citi, unveiled a cross-border payment service designed to help domestic businesses accept international payments. Pine Labs introduced an AI agent-driven commerce platform with L&T Finance, enabling AI agents to conduct transactions on behalf of users, initially for flight bookings.

Amazon Pay launched a co-branded credit card with Kotak Mahindra Bank for small merchants on its Amazon Business platform, offering cashback and an interest-free credit period. Yubi debuted Pye, a new lending platform connecting retail borrowers with lenders, and the TopScore app for credit score access.