Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
MENA Fintech Market Set to Double as Tokenized Wallets Surge
Digital payments accounted for more than 54 per cent of the MENA fintech market in 2025, supported by the rapid proliferation of mobile wallets and merchant-acquiring incentives.
Revolut Secures Full UK License After Four-Year Wait
Revolut originally received a restricted banking licence in July 2024, following a prolonged application process that became one of the most closely watched regulatory stories in European fintech.
Kredivo Snaps Up Vietnam's Timo in Digital Banking Push
Indonesian fintech firm Kredivo Group has completed its acquisition of Timo, one of Vietnam's pioneering digital banking platforms, in a deal that signals the intensifying battle for dominance in Southeast Asia's fast-growing consumer finance market.
Mastercard Stakes $1.8 Billion on Stablecoin Rails with BVNK
Mastercard has agreed to acquire BVNK, a London-based stablecoin infrastructure startup, for up to $1.8 billion in what amounts to the payments giant's most aggressive bet yet on the convergence of traditional card networks and blockchain-based finance.
PayPal Expands PYUSD Stablecoin to 70 Global Markets as Market Cap Reaches USD 4.3 Billion
PayPal has expanded its PYUSD stablecoin to 70 markets globally as of March 2026, with a market cap of USD 4.3 billion after supply tripled in Q4 2025 via LayerZero and Solana integration.
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 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 as a listed company.
Revolut Receives Full UK Banking Licence as PRA Lifts All Mobilisation Restrictions
The Bank of England's PRA lifted all restrictions on Revolut's UK banking authorisation in March 2026, nearly five years after the fintech first applied for a licence.
M-PESA Reaches 40 Million Monthly Active Users in Kenya on 19th Anniversary
M-PESA has hit 40 million monthly active users in Kenya, adding 6 million in 12 months, as it processes around 100 million transactions daily across a 381,000-agent network.
Egypt's Fawry Reports Record 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 Record FY2025 Revenue as SeaMoney Loan Book Surges 80%
Sea Limited posted FY2025 group revenue of $22.9 billion, up 36% year-on-year, with net income jumping 260% as SeaMoney's loan book grew 80% to $9.2 billion.