Falcon has announced a strategic partnership with Tech Mahindra. The collaboration aims to modernize banking infrastructure worldwide by integrating Falcon’s advanced payments platform with Tech Mahindra’s AI Delivered Right strategy and deep delivery expertise.
Structured as both a technology integration and go-to-market partnership, the alliance will embed Falcon’s cloud-native stack—spanning retail and commercial credit cards, prepaid and wallet solutions, Credit Line on UPI (CLOU), personal and business loans, and a high-throughput payments engine—into Tech Mahindra’s comprehensive banking suite. Together, they aim to help financial institutions accelerate product launches, lower operating costs, and enhance customer experiences.
“The fintech industry presents opportunities for improvement in areas such as invoice validation, governance, and regulatory alignment,” said Pankaj S. Kulkarni, Head for BFSI – Europe, Tech Mahindra. “By integrating Falcon’s issuing and payment processing platforms into our banking portfolio, we combine the agility of fintech with the reliability of enterprise-scale delivery. Clients will benefit from faster product launches and robust compliance, all while reducing operational complexity.”
Through this partnership, Falcon strengthens its positioning as a modern banking and fintech platform with the potential for global scalability and profitability. The collaboration will initially focus on Southeast Asia and Europe, regions witnessing rising demand for API-first, cloud-native financial infrastructure.
“This collaboration validates our ability to deliver at Tier-1 scale and expands our reach into new geographies,” said Priyanka Kanwar, Co-founder and CEO, Falcon. “It shows banks that modernization doesn’t require compromise. We’re building not just for India, but for markets worldwide where digital transformation is critical.”
Falcon’s platform combines a modern processing core, modular application layer, and AI-driven portfolio optimization tools. It also includes a co-brand hub and advanced program management capabilities, enabling banks to launch new products within weeks, reduce costs by up to 60–80%, and scale seamlessly across markets. Currently, Falcon powers over 15 million accounts and more than $2 billion in payment flows, supporting co-brand programs, credit products, and digital payment ecosystems.
Unlike traditional infrastructure providers, Falcon’s approach focuses on creating revenue centers for banks rather than just managing back-end systems. Its architecture is designed to help financial institutions maximize customer engagement, launch new financial products rapidly, and unlock new monetization streams through data and AI.
The announcement also underscores Falcon’s rapid rise as a next-generation fintech enabler. In under four years, the company has partnered with over 15 financial institutions, spanning private, public, small finance, cooperative, and payments banks.
With this partnership, Falcon and Tech Mahindra are setting the stage for a new era of agile, compliant, and globally scalable banking infrastructure, enabling financial institutions to evolve from legacy systems to future-ready digital ecosystems.
