Falcon has announced a strategic partnership with Tech Mahindra aimed at transforming banking infrastructure modernisation on a global scale. The collaboration unites Falcon’s next-generation payments and lending platform with Tech Mahindra’s “AI Delivered Right” strategy and global delivery excellence, combining fintech agility with enterprise-grade scalability.
Structured as a deep technology integration and go-to-market alliance, the partnership embeds Falcon’s cloud-native stack — spanning retail and commercial credit cards, prepaid and wallets, Credit Line on UPI (CLOU), personal and business loans, and a high-throughput payments engine — into Tech Mahindra’s banking suite. This will empower financial institutions to accelerate digital transformation, reduce costs, and deliver seamless, customer-centric experiences across platforms.
Pankaj S. Kulkarni, Head of BFSI, Europe at Tech Mahindra, highlighted the partnership’s value proposition:
“By integrating Falcon’s issuing and payment processing platforms into our banking suite, we can leverage the agility of fintech while ensuring enterprise-level reliability and compliance. This collaboration enables clients to launch new products faster and with confidence across diverse markets.”
The partnership initially targets Southeast Asia and Europe, regions experiencing strong demand for API-first, modular banking infrastructure that supports both traditional and digital-native institutions.
Priyanka Kanwar, Co-founder and CEO of Falcon, added:
“This collaboration allows us to extend our modern rails into new geographies while showing banks they can migrate off legacy cores without compromise. It underlines our mission to build for global markets where transformation is most urgent.”
Currently powering over 15 million accounts and $2 billion in annual payment flows, Falcon’s platform integrates AI-driven portfolio optimisation, a modern processing core, and program management tools, enabling banks to cut costs by up to 80% and launch products in weeks.
Together, Falcon and Tech Mahindra are redefining the future of digital banking, enabling institutions to modernise with speed, compliance, and innovation at scale.
