Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Colombia's Rappi Secures $100 Million Credit Facility Led by Santander and Kirkoswald Capital
Colombian super-app Rappi has closed a $100 million senior secured credit facility led by Banco Santander and Kirkoswald Capital Partners to fund growth, refinancing and working capital.
Nubank Reports 122.7 Million Customers and 40% Revenue Growth in Q2 2025
Nubank posted Q2 2025 revenue of $3.7 billion, up 40% year-on-year on an FX-neutral basis, with net income of $637 million and a customer base of 122.7 million globally.
South Korea's Toss Posts KRW 1.2 Trillion Revenue and KRW 154.6 Billion Operating Profit in H1 2025
South Korean fintech Toss posted H1 2025 revenue of KRW 1.2 trillion, up 35.2% year-on-year, with operating profit of KRW 154.6 billion and net profit of KRW 105.7 billion.
RBI Grants Paytm In-Principle Approval as Online Payment Aggregator
India's central bank has granted Paytm's Payment Services unit in-principle approval to operate as an online payment aggregator.
Flutterwave Doubles Monthly Margin in H1 2025 as Africa-Asia Corridor Nears $1 Billion
Nigerian payments firm Flutterwave doubled its monthly margin in June 2025 and processed nearly $1 billion in Africa-Asia cross-border transactions in the first half of the year.
Block Reports Q2 2025 Gross Profit of $2.54 Billion as Cash App Holds at 57 Million Monthly Transacting Actives
Block's Q2 2025 gross profit rose 14% year-on-year to $2.54 billion, with Cash App contributing $1.50 billion, as the company raised its full-year guidance to $10.17 billion.
Chime Financial Posts 37% Revenue Rise to $528 Million in First Earnings as a US Public Company
Chime beat analyst estimates with Q2 2025 revenue of $528 million, up 37% year-on-year, as its stock climbed 25% since its June IPO at $27 per share.
UAE Fintech Alaan Raises USD 48 Million Series A to Accelerate Saudi Arabia Expansion
Dubai-based corporate spend management fintech Alaan closed a heavily oversubscribed USD 48 million Series A led by Peak XV Partners to deepen its Saudi Arabia push.
Saudi Arabia's Tabby Posts SAR 90.4 Million Net Profit in H1 2025, Up 361% Year-on-Year
Buy-now-pay-later firm Tabby reported SAR 90.4 million in net profit for H1 2025, a 361% year-on-year jump.
Singapore's Grab reports 41% rise in financial services revenue to $84 million in Q2 2025
Grab's Financial Services segment grew revenue 41% year on year to $84m in the second quarter of 2025 as loans disbursed rose 44% to $721m, though the segment remained loss-making at adjusted EBITDA level.
CBUAE Confirms Q4 2025 Retail Digital Dirham Launch Under Two-Tier Intermediated Model
The Central Bank of UAE's Digital Dirham report confirms a Q4 2025 retail CBDC launch via banks, exchange houses, and fintechs under a two-tier model.
Robinhood Q2 2025 Revenue Rises 45% to $989 Million as Platform Assets Reach $279 Billion
Robinhood posted Q2 2025 revenue of $989 million, up 45% year-on-year, as net profit more than doubled to $386 million and platform assets reached $279 billion.