Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Checkout.com launches employee share buyback at USD 12 billion valuation
London-based Checkout.com announced on 26 September 2025 an employee share buyback valuing the payments firm at USD 12bn, saying it is on track for full-year profitability in 2025.
Central Bank of Jordan Hosts Inaugural Jordan Fintech Festival in Amman
The Central Bank of Jordan and the Arab Monetary Fund convened the Jordan Fintech Festival 2025 in Amman, the first edition of the festival.
PhonePe Files Confidential DRHP With SEBI for $1.5 Billion IPO as FY2025 Revenue Surges 40%
Walmart-backed PhonePe filed its Draft Red Herring Prospectus with SEBI via the confidential route in late September 2025, targeting a $1.5bn IPO at an approximate $15bn valuation.
Revolut Opens London Global HQ with 65 Million Customers and $13 Billion Five-Year Investment Pledge
Revolut inaugurated its Canary Wharf global headquarters on 23 September 2025, committing $13 billion over five years and targeting 100 million customers by mid-2027.
Safaricom Launches M-PESA Fintech 2.0 Upgrade, Lifting Kenya Platform Capacity to 6,000 TPS
Safaricom has unveiled the biggest M-PESA overhaul since 2015, raising transaction capacity to 6,000 per second and embedding AI fraud detection.
Saudi Arabia's Tamara Secures $2.4 Billion Shari'ah-Compliant Asset-Backed Facility from Goldman Sachs, Citi, and Apollo
Saudi BNPL platform Tamara has closed a $2.4 billion Shari'ah-compliant asset-backed facility — which Tamara described as the largest such deal in MENA — with Goldman Sachs, Citi, and Apollo-affiliated funds.
Saudi Arabia's HALA Raises $157 Million Series B Led by TPG Rise Fund and Sanabil
HALA has raised a $157 million Series B round led by The Rise Fund, TPG's global impact investing strategy, and Sanabil Investments to expand embedded financial services for MSMEs across Saudi Arabia.
Klarna Lists on NYSE at USD 40 per Share, Raising USD 1.37 Billion at USD 15 Billion Valuation
Swedish fintech Klarna priced its NYSE IPO at USD 40 per share on 9 September 2025, raising USD 1.37 billion at a USD 15 billion valuation .
US fintech Ramp hits USD 1 billion in annualised revenue weeks after USD 22.5 billion valuation
Ramp said on 9 September 2025 it had passed USD 1 billion in annualised revenue and was generating operating cash flow, six weeks after a USD 500 million round led by ICONIQ.
Chipper Cash Among Ripple's Africa Launch Partners for RLUSD Stablecoin
Chipper Cash is one of three Africa launch partners, alongside VALR and Yellow Card, for Ripple's RLUSD dollar-backed stablecoin, aiming to deliver faster and cheaper cross-border payments across the continent.
Airtel Africa Engages Citigroup for Airtel Money IPO Targeting Over $4 Billion Valuation
Airtel Africa has picked Citigroup to work on a planned Airtel Money IPO in H1 2026, with investor meetings under way in Dubai and a target valuation above $4 billion.
Affirm Posts FY2025 Net Revenue of $3.2 Billion and First-Ever Annual GAAP Profit
US buy-now-pay-later firm Affirm reported FY2025 net revenue of approximately $3.2 billion, up 38.8%, and recorded its first-ever annual GAAP net income of $52 million.