TECH NEWS

From payments to platforms: Building India’s financial nervous system

There is a moment in the evolution of every major industry when the competitive paradigm shifts. Financial services in India are at that moment now.

The last decade was defined by digitisation, bringing payments online, extending basic financial access to hundreds of millions of Indians, and putting essential services on mobile screens. While that chapter was remarkable and necessary, it is now coming to an end. What comes next is about building intelligent, interoperable infrastructure.

A kind of Infrastructure that does not merely move money, but expands access, participation, and opportunity for every Indian regardless of where they live or how they transact.

The Gap That Persists

Despite extraordinary progress, a structural gap remains at the heart of Indian financial services. Innovation has concentrated in metros and Tier 1 cities, among digitally confident consumers, within institutions large enough to absorb the cost of proprietary technology stacks. While a merchant in...

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https://media.thenextweb.com/2026/06/Kim-Yong-beom.avif

Korea’s policy chief warns chip windfall could inflate housing

A semiconductor boom is a fine problem for a country to have, until you start asking where the money goes. That is roughly the question South Korea’s top economic policymaker put to the public this week. Kim Yong-beom, who heads policy planning in the presidential office, warned that the

https://media.thenextweb.com/2026/06/Australia-Canada-defence-ageement.avif

Canada buys Australian Arctic radar in A$2.5bn defence-export first

Australia has been refining the same unusual piece of radar for decades, a system that bounces signals off the ionosphere to see thousands of kilometres past the curve of the Earth, and for all that time it kept the technology to itself. On Sunday it sold it abroad for the

https://media.thenextweb.com/2026/06/Seedcamp-team.avif

Seedcamp raises $320M and builds out a transatlantic bridge

Seedcamp has spent nearly two decades writing the first cheque into companies before anyone else was sure they were worth one. Revolut, Wise, UiPath, Synthesia, and Fluidstack all took early money from the London firm, and on Monday it said it had raised $320mn to keep doing the same thing

https://media.thenextweb.com/2026/06/China-flag.avif

China’s green-power target for AI data centres runs into the grid

The cleanest way to power a data centre is also the least predictable. The sun sets, the wind drops, and a server hall full of AI accelerators does not care: it wants the same steady draw at three in the morning that it wanted at noon. That mismatch is the

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Korea’s policy chief warns chip windfall could inflate housing

Canada buys Australian Arctic radar in A$2.5bn defence-export first

Seedcamp raises $320M and builds out a transatlantic bridge

China’s green-power target for AI data centres runs into the grid