Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
PayPal Expands PYUSD Stablecoin to 70 Global Markets as Market Cap Tops USD 4 Billion
PayPal has expanded its PYUSD stablecoin to 70 markets globally as of March 2026, with a market cap of about USD 4.1 billion after supply roughly tripled in late 2025 on DeFi incentives.
MTN MoMo Surpasses $500 Billion in Annual Transaction Value as Monthly Users Reach 69.5 Million
MTN MoMo processed $500.3bn in transaction value in 2025, up 37.6% in constant currency, as monthly active users grew 10% to 69.5 million across Africa.
Egypt's FRA Welcomes Lumin Soft to Fintech Sandbox
Lumin Soft has secured preliminary approval from Egypt's Financial Regulatory Authority to join its Fintech Regulatory Sandbox, the third company to receive such approval since the sandbox's launch.
Egypt's Valu Posts EGP 5.6 Billion Revenue in FY2025, Up 71% Year-on-Year
Valu reported FY2025 gross revenues of EGP 5.6bn, up 71% YoY, with net income rising 81% to EGP 764m in its first full-year results since its June 2025 EGX listing.
Rwanda Bank Governor Outlines Open Banking, Virtual Assets Rules
National Bank of Rwanda Governor Soraya Hakuziyaremye set out her views on open finance and Rwanda's forthcoming virtual assets law at the Inclusive FinTech Forum in Kigali, and called for stronger regulatory alignment across African markets.
Revolut launches UK bank after PRA lifts restrictions on its licence
The Prudential Regulation Authority lifted the restrictions on Revolut’s UK banking licence on 11 March, ending a mobilisation phase that began in July 2024.
Ripple Secures Path to Australian Payments Regulation Through BC Payments Deal
Blockchain infrastructure provider Ripple is acquiring BC Payments Australia to obtain an Australian Financial Services Licence, enabling direct settlement oversight and optimized transaction routing for its global payments platform.
M-PESA Reaches 40 Million Monthly Active Users in Kenya on 19th Anniversary
M-PESA has hit 40 million monthly active users in Kenya, up from 34 million in 2024, as it marked 19 years since its launch in March 2007.
Egypt's Fawry Reports FY2025 Results with Revenue Up 57% to EGP 8.65 Billion
Cairo-listed Fawry posted FY2025 revenue of EGP 8.65 billion, up 57%, and net profit of EGP 2.89 billion, up nearly 80%, backed by 54.8 million monthly active users.
PhonePe Targets Up to $10.5 Billion Valuation in India IPO to Raise $1.05 Billion
Walmart-backed PhonePe is targeting an IPO valuation of $9–10.5 billion in India and aims to raise up to $1.05 billion in what could be the country's second-largest fintech listing.
Sea Limited Reports FY2025 Revenue as Monee Loan Book Grows 80%
Sea Limited posted FY2025 group revenue of $22.9 billion, up 36% year-on-year, with net income jumping 260% as Monee's loan book grew 80% to $9.2 billion.
Block Reports FY2025 Gross Profit of $10.36 Billion, up 17%, with Cash App Reaching 59 Million Monthly Actives
Block posted full-year 2025 gross profit of $10.36 billion, up 17% year-on-year, with fourth-quarter gross profit up 24% to $2.87 billion.