Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Airwallex raises USD 320 million Series H at USD 11 billion valuation
Airwallex has raised USD 320m in a Series H led by Addition at an USD 11bn valuation, up from USD 8bn six months earlier, to fund product development in autonomous finance and agentic commerce, expansion into new markets and its AI-native software teams.
Netherlands' Bunq opens banking-as-a-service platform to EU businesses
Dutch neobank Bunq has made bunq-as-a-Service generally available across the EU, offering card issuance, instant SEPA payments and fiat on/off-ramps to businesses.
Meta invests USD 900 million in India's CRED at USD 4.5 billion valuation as Kunal Shah takes WhatsApp helm
Meta is investing USD 900m in Indian fintech CRED at a USD 4.5bn valuation, taking a roughly 20% stake as founder Kunal Shah is appointed head of WhatsApp.
Franc CEO says South African women consistently tend to be better investors
Franc CEO Dr Thomas Brennan discussed the fintech's 2026 Wealth Index Report and why women in South Africa consistently tend to be better investors.
HSBC announces partnership with Google Cloud targeting 200 AI use cases
HSBC announced a multi-year collaboration with Google Cloud that it expects to enable more than 200 new AI use cases over two years, prioritising initiatives HSBC estimates could each return more than US$100 million in revenue gains or efficiency improvements.
Moniepoint CEO says Africa’s biggest business opportunity lies in informal sector
Moniepoint co-founder and Group CEO Tosin Eniolorunda said African businesses were missing a large growth opportunity by focusing on formal customers while neglecting the continent's informal economy.
Robinhood cuts nearly 300 employees in workforce reduction
Robinhood cut nearly 300 employees, about 10 percent of its staff, saying the company wanted to remain a lean, hyper-focused team where each individual could make a massive impact.
IMF warns dollar stablecoins could undermine demand for Nigeria's naira
The IMF warned that rising use of U.S. dollar-denominated stablecoins in Nigeria had the potential to weaken demand for the naira and blunt the effectiveness of the country’s monetary policy framework.
Arki Finance in Singapore receives MAS licence to offer investment services
Singapore wealthtech Arki Finance received a Capital Markets Services licence from the Monetary Authority of Singapore, enabling it to provide regulated advisory and portfolio management to retail investors.
Choco Up secures US$15 million credit facility to boost Singapore SME lending
Choco Up secured a US$15 million credit facility from AlteriQ Global, completed its first drawdown, and expected to finance growth and working capital for about 500 Singapore small and medium sized enterprises.
Nubank customers receive erroneous liquidation notices as Brazil central bank denies action
Dozens of Nubank customers received messages on Friday claiming the digital lender was being liquidated, a notice Nubank said was sent in error, while Brazil's central bank said there was no liquidation.
eToro explores acquisitions as it eyes move into banking services
eToro explored acquisitions and possible banking licence applications or a bank purchase as part of a push to diversify into payment services, the FT reported.