Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Central Bank of Jordan Hosts Arab World's First National Fintech Festival in Amman
The Central Bank of Jordan and the Arab Monetary Fund convened the Jordan Fintech Festival 2025 in Amman, the first event of its kind in the Arab world.
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.
Alipay and WeChat Pay Join China's Cross-Border Payment Gateway, Enabling Foreign Wallets Nationwide
Ant Group's Alipay and Tencent's WeChat Pay committed to China's Cross-border Interconnection Payment Gateway on 17 September 2025, opening QR-code access for international digital wallets.
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 — the largest such deal in MENA — with Goldman Sachs, Citi, and Apollo-affiliated funds.
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 10 September 2025, raising USD 1.37 billion at a USD 15 billion valuation in the first major fintech IPO in years.
US Fintech Ramp Hits USD 1 Billion in Annualised Revenue and Raises at USD 22.5 Billion Valuation
Corporate card and expense management fintech Ramp has surpassed USD 1 billion in annualised revenue and closed a funding round valuing the company at USD 22.5 billion.
Chipper Cash Named Ripple's Africa Launch Partner for RLUSD Stablecoin Cross-Border Payments
Chipper Cash has been named as Ripple's Africa launch partner for its RLUSD dollar-backed stablecoin, aiming to deliver faster and cheaper cross-border payments across the continent.
Checkout.com Launches $12 Billion Employee Share Buyback as UK Fintech Returns to Profitability
Checkout.com has launched a $12bn employee share buyback programme, providing liquidity to staff and early investors as the London-based payments firm returns to EBITDA profitability.
Airtel Africa Engages Citigroup for Airtel Money IPO Targeting Over $4 Billion Valuation
Airtel Africa has engaged Citigroup as lead adviser for a planned Airtel Money IPO in H1 2026, with investor meetings under way in Dubai and a target valuation above $4 billion.
Saudi Arabia's Tamara Secures $2.4 Billion Asset-Backed Financing Facility, Largest in MENA
Tamara announced a $2.4bn asset-backed financing facility at Money20/20 Middle East in September 2025, the largest such deal in the MENA region, backed by Goldman Sachs, Citi, and Apollo funds.