Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
UK Issuer-Processor Paymentology Raises USD 175 Million Led by Apis and Aspirity
London-based issuer-processor Paymentology closed a USD 175m round co-led by Apis Partners and Aspirity Partners to fund expansion into credit, stablecoins and AI services.
Kalshi Raises USD 1 Billion Series F Led by Coatue at USD 22 Billion Valuation
The US prediction-market platform sealed a USD 1bn Series F led by Coatue at a USD 22bn valuation, roughly doubling its worth in about five months.
Hodge Bank Appoints Scott Hill as Chief Technology Officer
The UK specialist lender names a new CTO to accelerate digital transformation and strengthen its technology infrastructure as it scales financial services innovation.
N26 Germany Raises €150M to Expand AI Credit Scoring Across Europe
The German neobank secured Series G funding led by Insight Partners to accelerate its artificial intelligence-powered lending platform into France and Spain, capitalizing on a 25% surge in loan originations.
Mexico's Banxico Greenlights Digital Peso Pilot with 12 Banks
Banco de México has approved a six-month pilot for its digital peso CBDC, partnering with 12 major commercial banks like BBVA and Santander to test wholesale and retail applications. The initiative marks a key step in modernizing Mexico's financial infrastructure amid global CBDC races.
Revolut Wins Full UK Banking Licence for Deposits
UK fintech Revolut has secured a full banking licence from the Prudential Regulation Authority, allowing it to hold customer deposits directly and ramp up competition with high street banks. The approval ends years of scrutiny and unlocks lending expansion.
Egypt's Lucky Raises $23 Million Series B to Drive North Africa Credit Expansion
Egyptian consumer credit fintech Lucky has closed a $23M Series B combining equity and debt, led by Disruptech Ventures and DPI Venture Capital via Nclude, to expand into North Africa.
Vietnam's MoMo Explores New Investment at Valuation Above $2 Billion
MoMo, Vietnam's leading digital wallet with over 30 million users, is working with Jefferies and Morgan Stanley to attract strategic investors at a valuation above $2 billion.
Saudi National Bank Unveils Sharia Wallet for Hajj Pilgrims
Saudi National Bank has launched a Sharia-compliant digital wallet tailored for over 2 million Hajj pilgrims, enabling NFC mobile payments and instant transfers from UAE and Qatar banks via its SNB Pay platform. The move tackles peak liquidity strains amid surging pilgrim arrivals.
Morocco's Fintech Trio Battles for Hanout Payment Dominance</p>
Three startups, armed with $10 million in funding, are locked in fierce competition to digitize Morocco's ubiquitous corner shops, known as hanouts. This "Hanout Wars" signals a seismic shift in North Africa's retail payments sector.</p>
Flutterwave's Nigerian Bank Licence Faces Hidden Constraints
Flutterwave's fresh Nigerian banking licence promises expansion but grapples with regulatory hurdles, funding limits, and market risks across Africa. Analysts highlight debt capital shortages and scalability challenges curbing the fintech's ambitions.
Monzo Teams with ECB on Digital Euro for UK Users
UK challenger bank Monzo has partnered with the European Central Bank to embed the digital euro ledger into its app, enabling seamless eurozone payments for eligible UK customers despite Brexit barriers. The move bolsters Monzo's multi-currency ambitions amid surging digital payment demand.