Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Chime Prices Nasdaq IPO at $27 per Share Raising $864 Million at $11.6 Billion Valuation
US neobank Chime priced its Nasdaq IPO at $27 per share, above the marketed range, raising approximately $864 million and valuing the company at $11.6 billion.
Wise Announces Move of Primary Listing to US While Retaining London Secondary Listing
UK-listed fintech Wise plans to shift its primary listing to a US exchange to broaden investor access, while retaining a secondary listing on the London Stock Exchange.
Monzo Crosses £1 Billion Revenue in FY2025 as Profit Jumps Eightfold
Monzo reported FY2025 revenue of £1.2 billion, up 48%, as adjusted profit before tax grew eightfold to £113.9 million and customer numbers reached 12 million.
Starling Bank Profit Falls 26% to £223 Million in FY2025 Amid FCA Fine and Covid Loan Provisions
Starling Bank's pre-tax profit fell 26% to £223 million in FY2025 as a £29 million FCA fine and £28.2 million in Bounce Back Loan provisions offset revenue growth.
Turkish Fintech Papara Founder Detained and TMSF Appointed Trustee Over Illegal Gambling Allegations
Turkish authorities detained Papara founder Ahmet Faruk Karslı and appointed a state trustee over allegations the digital payments app processed billions of lira for illegal gambling platforms.
Airwallex Raises $300 Million Series F at $6.2 Billion Valuation
Australian fintech Airwallex secured $300m in a Series F round at a $6.2bn valuation, with total funding now exceeding $1.2bn and annualised revenue reaching $720m.
Klarna Reports Q1 2025 Revenue of USD 701 Million and Fourth Straight Quarter of Adjusted Operating Profit
Swedish buy-now-pay-later firm Klarna posted Q1 2025 revenue of $701m, up 15% like-for-like, recording its fourth straight quarter of adjusted operating profit ahead of a planned NYSE IPO.
Egypt's Fawry Posts Record Q1 2025 Results with Revenue Up 65% and Net Profit Up 97%
Fawry reported Q1 2025 revenue of EGP 1.79 billion, up 65.1%, and net profit of EGP 605 million, up 97.1%, with quarterly EBITDA reaching a record EGP 1 billion.
UK Fintech Zopa Raises £80 Million in AT1 Capital to Fund Current Account Launch
Zopa secured £80m in Additional Tier 1 capital in a 2x oversubscribed round listed on the LSE, as it prepares to launch a current account and expand everyday banking.
Chime Financial Files Public S-1 with SEC for Nasdaq IPO Under Ticker CHYM
US neobank Chime Financial filed its S-1 registration statement with the SEC on 13 May 2025, targeting a listing on the Nasdaq Global Select Market under the ticker CHYM.
Safaricom FY2025 Results: M-PESA Revenue Climbs 15.1% to KES 161 Billion
Safaricom's M-PESA platform generated KES 161.1 billion in revenue in FY2025, up 15.1%, as active customers rose 10.5% to 35.82 million across Kenya.
Sea Limited Rebrands SeaMoney to Monee and Opens Singapore Digital Finance Headquarters
Sea Limited has rebranded its financial services arm from SeaMoney to Monee on its 16th anniversary, unveiling a new 200,000-sq-ft global headquarters in Singapore for the business.