Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
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 TPG's Rise Fund and Sanabil Investments to expand embedded financial services for MSMEs across Saudi Arabia.
India's UPI Crosses 20 Billion Monthly Transactions for First Time in August 2025
India's UPI processed 20.01 billion transactions in August 2025, the first time the system crossed the 20 billion monthly threshold, with transaction value rising 21% year-on-year.
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 38.7%, and recorded its first-ever annual GAAP net income of $52 million.
OPay and PalmPay Drive Nigeria's Mobile Money Transactions to ₦20.7 Trillion in Q1 2025
Nigerian mobile money transactions surged 1,500% to ₦20.7 trillion in Q1 2025, led by OPay and PalmPay as bank app outages pushed consumers to fintech platforms.
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 in Mexico.
Flutterwave Doubles Monthly Profit Margins in H1 2025 as Africa-Asia Corridor Nears $1 Billion
Nigerian payments firm Flutterwave doubled its monthly profit margins by June 2025 and processed nearly $1 billion in Africa-Asia cross-border transactions in the first half of the year.
Australia's Judo Bank Reports FY2025 Net Profit of $86.4 Million as Loan Book Grows to $12.5 Billion
Judo Bank reported a 24% rise in statutory net profit after tax to $86.4 million for FY2025, with its SME-focused loan book growing 16% to $12.5 billion.
Netherlands Fintech Adyen Reports €1.1 Billion Net Revenue in H1 2025, Up 21%
Adyen posted €1.1bn in H1 2025 net revenue, up 21% on a constant currency basis, but revised full-year guidance to broadly flat growth after volume disappointed.
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.
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.
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, marking a significant regulatory recovery for the fintech.
Block Reports Q2 2025 Gross Profit of $2.54 Billion as Cash App Reaches 57 Million Active Users
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.