Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Airtel Money reportedly considers cutting its London IPO fundraising to at least $800 million
Airtel Money reportedly considered seeking at least $800 million from its planned London IPO, below an earlier $1.5 billion to $2 billion range, according to media reports.
Fin.com announces $20 million seed round for cross-border payments infrastructure
Fin.com announced a $20 million seed round led by Expa and Garrett Camp to expand infrastructure linking local payment rails, bank accounts, SWIFT and stablecoin settlement.
Alchemy adds Mastercard credentials to AgentCard for AI-driven online commerce
Mastercard and Alchemy extended AgentCard to Mastercard credentials, enabling authorised artificial-intelligence agents to make online purchases using tokenised credentials under defined user and issuer spending controls for approved online transactions.
Citi adds Mastercard subscription controls for UAE cardholders
Citi and Mastercard launched Smart Subscriptions in the UAE, allowing cardholders to view, identify and manage recurring digital payments directly through Citi’s mobile-banking application.
Revolut considers dual London and New York listing for future flotation
Revolut chief Nik Storonsky said the fintech was considering a dual London and New York listing, although reports indicated that any flotation remained at least a year away.
Nigeria’s Dangote Refinery IPO overwhelms digital investment platforms
Nigeria’s $1.6 billion Dangote Refinery IPO triggered outages at several digital investment platforms as retail subscriptions surged, testing systems built to widen access to the country’s capital market.
Revolut confirms data incident affecting about 680 customers across Europe
Revolut confirmed that fraudulent information requests exposed data relating to about 680 customers, while saying its internal systems and customer funds remained secure and affected individuals had been contacted.
Saudi Arabia’s Barq raises $329.5 million in Series A funding round
Saudi digital payments company Barq raised $329.5 million in Series A funding at a $1.85 billion valuation, with participation from Noon Investments, Sohar International Bank and M20 Fund.
Circle launches public mainnet of Arc blockchain with BlackRock, Visa and Mastercard as validators
Circle Internet Group launched the public mainnet of its USDC-native Arc blockchain, with BlackRock, DTCC, Visa and Mastercard among founding validators.
SEBI clears Fibe parent Social Worth Technologies to proceed with IPO including Rs 750 crore fresh issue
SEBI has cleared Fibe parent Social Worth Technologies' IPO, which combines a Rs 750 crore fresh issue with an offer-for-sale of about 4 crore shares by investors including TPG's Rise Fund.
Saudi fintech Tabby raises $233 million Series F, reaching $6.5 billion valuation
Tabby raised $233 million in a Series F round led by Blue Pool Capital, valuing the Saudi-headquartered fintech at $6.5 billion.
YES BANK and Open launch agentic platform to prevent recurring-payment failures
YES Bank and Open Financial Technologies have launched an agentic payments platform designed to identify recurring payments at risk of failure and intervene before the transaction is presented.