Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Saudi Central Bank Commences Licensing of Fintechs for Open Banking Services After Successful Sandbox Phase
SAMA has formally begun licensing fintech companies to provide open banking services in Saudi Arabia following completion of a successful regulatory sandbox phase.
Mastercard and Scale Simplify African Card Issuance for Fintechs
Mastercard and Scale are removing barriers to card programme launches across five African nations, introducing a unified integration model that streamlines the traditionally complex process of issuing virtual and physical cards for fintech companies and non-financial institutions.
Singapore Fintech Fingular Launches Shariah-Compliant Tazee Brand in Malaysia
Singapore-based fintech Fingular has launched Tazee, a Shariah-compliant consumer finance platform in Malaysia using Islamic financing principles to serve consumers seeking fast, small-ticket Shariah-compliant digital financing.
Komainu, FundBank Partner for Institutional Fiat-Digital Ramps
Komainu has onboarded with FundBank to streamline fiat-digital asset on- and off-ramping for institutions. It gives Komainu clients fiat on- and off-ramping for more efficient funding, settlement and treasury operations.
South Africa's Littlefish Secures $9.5M Series A for African Expansion
South African fintech Littlefish has raised $9.5 million in Series A funding led by Partech to scale its merchant infrastructure platform, already powering merchant services for Standard Bank, FNB and Absa.
Philippines Producers Bank Taps Infosys Finacle for Digital Overhaul
Producers Savings Bank Corporation in the Philippines has selected Infosys Finacle's core banking and origination solutions to modernize its operations and expand lending to SMEs and retail clients.
QCC Partners Southeast Asian Card Issuer on CAKU Platform
CLPS Incorporation's subsidiary QCC has teamed up with an emerging Southeast Asian financial institution to roll out the CAKU-powered digital banking solution, targeting credit cards and personalized services. CLPS says the partnership strengthens its fintech capabilities.
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.
Neobanks reach 1.4 billion accounts worldwide, Simon-Kucher report finds
Digital-only banks have added about 300 million customers in two years but still take only around 5% of global retail banking revenue, according to the consultancy's Neobanking Beyond Disruption report.
Kenya Becomes First Market for Inverite's Digital Credit Infrastructure Platform
Canadian fintech firm Inverite launches its Digital Credit Infrastructure initiative in Kenya through a partnership with Weritas Technologies, aiming to bridge the gap between digital financial participation and formal credit access in one of the world's most advanced digital financial ecosystems.
Circle Teams with Sasai Fintech to Boost USDC in Africa
Circle Internet Group has partnered with Sasai Fintech, part of Cassava Technologies, to integrate USDC into digital payments across Africa, aiming to reduce costs and settlement times for remittances and business payments. The move taps booming stablecoin demand amid currency volatility.
M-Pesa Ethiopia Strikes Amhara Tax Payment Deal
M-Pesa Ethiopia has inked an MoU with the Amhara Regional State Revenue Bureau, enabling over 450,000 taxpayers to pay via mobile money and bypass physical offices. The bureau is the first regional tax authority in Ethiopia to add mobile money to its payment options.