Falcon partners with Tech Mahindra to modernize cloud-native banking and fintech

Falcon has partnered with Tech Mahindra to speed up banking modernization through advanced cloud-native infrastructure and enterprise-scale AI delivery. The collaboration brings together Falcon’s payments technology and issuing stack with Tech Mahindra’s banking expertise and digital transformation strategy.

Under the agreement, Falcon’s platform — covering retail and commercial credit cards, prepaid solutions, digital wallets, and Credit Line on UPI — will integrate with Tech Mahindra’s financial technology suite. The goal is to help banks launch digital products faster, reduce operational costs, and deliver seamless customer engagement at scale.

Partnership to strengthen fintech innovation

Falcon will leverage Tech Mahindra’s “AI Delivered Right” framework to support global deployments and expand into new regions. Both companies expect strong demand from institutions seeking API-first infrastructure and modern core banking capabilities.

The alliance will initially focus on India, Southeast Asia, and Europe, where financial institutions are accelerating migration away from legacy platforms. Falcon has already powered more than 15 million accounts and over $2 billion in payment flows, positioning itself as a next-generation banking technology provider.

Executives from both organizations said the partnership will enhance product innovation, ensure regulatory alignment, and support banks transitioning to modern payment rails without disruption.

Momentum builds in global banking technology

Falcon’s platform offers modular components across issuing, payments processing, AI-driven portfolio tools, and co-brand program management. With more than 15 financial institutions onboarded in just four years, the company plans to deepen its international presence and expand co-brand and revenue-growth solutions for bank partners.

Both companies expect the collaboration to strengthen digital banking ecosystems worldwide and accelerate fintech adoption across diverse markets.