Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
South Korea's Toss Posts FY2025 Revenue of KRW 2.7 Trillion as Net Profit Surges 847%
Viva Republica's Toss platform reports FY2025 revenue of KRW 2.7 trillion, up 38% year-on-year, with net profit rising 847% to KRW 201.8 billion.
Indonesia's Bank Launches Digital Rupiah Pilot With GoPay Integration
Bank Indonesia has begun live testing of its central bank digital currency with real transactions through GoPay, marking a watershed moment for CBDC adoption across Southeast Asia.
South Korea's KakaoBank Wins Stablecoin Wallet Approval
KakaoBank has secured regulatory approval to launch stablecoin wallet services, integrating blockchain payments into its app and cementing its lead in Korea's digital asset sector. This move signals accelerating crypto adoption amid tightening oversight.
Colombia Regulator Approves Ualá's Full Banking License
Colombia's Superintendencia Financiera has granted Argentine neobank Ualá a full banking license, enabling nationwide deposits, loans, and payments. Ualá eyes $50M investment to hit 2M users by year-end, boosting digital finance in underserved areas.
East Africa's 4G Capital Raises $2M to Boost MSE Lending
Kenyan fintech 4G Capital has secured $2 million from GIF Growth to scale its touch-tech lending model in Kenya and Uganda, targeting women and youth entrepreneurs as it nears $1 billion in cumulative loans.
US OCC Grants VALT Conditional Charter for Digital SMB Banking
Digital-only business banking startup VALT has secured conditional national charter approval from the Office of the Comptroller of the Currency, positioning itself to launch full-spectrum banking services for small and midsize businesses across the United States.
Mastercard Advances AI Commerce in Hong Kong with HSBC, DBS Partnership
Mastercard has completed its first live authenticated agentic transaction in Hong Kong, demonstrating how artificial intelligence can streamline payments while maintaining security through tokenized credentials and advanced verification systems.
Nexi, PayPal Expand European Digital Payments Partnership
Nexi and PayPal have expanded their partnership to enhance digital commerce capabilities for merchants and consumers across Europe. The Milan-announced deal builds on existing collaborations amid rising demand for seamless payment solutions.
MTN Ghana Completes Separation of MobileMoney Business Into Standalone Fintech Entity
MTN Group completed the statutory merger of MobileMoney Ltd into MobileMoney Fintech Ltd on 31 March 2026, meeting Ghana's requirement for 30% local ownership in e-money issuers.
RAKBANK, Network International Seal UAE Merchant Acquiring Deal
RAKBANK and Network International have finalized their strategic merchant acquiring transaction in the UAE, integrating advanced payment solutions to bolster digital commerce for SMEs and corporates. The deal, approved by the Central Bank, enhances RAKBANK's fintech edge amid Ras Al Khaimah's eco...
FCA Overhauls Payments Oversight in Single Report
The UK's Financial Conduct Authority has replaced 40 supervisory letters with one consolidated report to streamline priorities, build trust, and drive modern growth in payments. This move coincides with the Payments Systems Regulator's integration into the FCA amid focus on card fees, fraud, and ...
EU Council Names Michaud EBA Chair Amid Banking Reforms
The EU Council has appointed François-Louis Michaud as the new Chair of the European Banking Authority, effective April 16, 2026, bolstering oversight of the bloc's banking sector at a pivotal moment for financial stability and regulation.