Falcon, one of India’s fastest-growing cloud-native fintech infrastructure companies, has announced a strategic partnership with Tech Mahindra, a leading global provider of technology consulting and digital solutions. The collaboration aims to combine Falcon’s advanced payments platform with Tech Mahindra’s ‘AI Delivered Right’ strategy to help banks modernise their infrastructure efficiently and accelerate digital transformation.
The partnership is designed as a deep technology integration and joint go-to-market initiative. Falcon’s cloud-native stack, which includes solutions for retail and commercial credit cards, prepaid systems, wallets, Credit Line on UPI (CLOU), personal and business loans, and high-speed payment processing, will be embedded within Tech Mahindra’s suite of banking services. Together, the companies will enable banks and financial institutions to speed up product launches, reduce operational costs, and enhance customer engagement.
Pankaj S Kulkarni, Head for BFSI – Europe at Tech Mahindra, said, “The fintech industry presents opportunities for improvement in areas such as invoice validation, governance, and regulatory alignment. Addressing these challenges can significantly reduce risks and build greater trust among investors. By integrating Falcon’s issuing and payment processing platforms into Tech Mahindra’s diverse banking suite, we will leverage the agility of fintech while ensuring enterprise-level delivery. This integration will provide clients with a compelling value proposition, combining reliability and compliance at scale, alongside the capability to rapidly launch new products in diverse markets.”
Through this alliance, Falcon strengthens its position as a modern banking and fintech platform offering global scalability and profitability. The partnership will initially focus on India, Southeast Asia, and Europe, where demand for API-based, modern banking infrastructure is growing rapidly.
Falcon’s Co-founder and CEO, Priyanka Kanwar, said, “This collaboration allows us to extend our modern rails into new geographies while demonstrating to banks that they can migrate off legacy cores without compromise. It reflects our ambition to build not just for India, but for global markets where transformation is urgent.”
Falcon’s platform integrates a modern processing core, application layer, and programme management tools with AI-driven portfolio optimisation and a co-brand hub. Powering over 15 million accounts and more than 2 billion dollars in payment flows, Falcon enables banks to launch new products in weeks, cut costs by up to 60 to 80 per cent, and scale seamlessly across markets.
In under four years, Falcon has onboarded over 15 financial institutions across private, public, small finance, payment, and cooperative banks, reinforcing its position as a next-generation fintech infrastructure provider.
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