Egypt
Egypt’s MoneyFellows Secures $13M to Scale Digital Money Circles and Advance Inclusive Finance
Egyptian fintech innovator MoneyFellows has raised $13 million in a pre-Series C funding round to expand its mobile-based platform that digitizes traditional money ...
Fintech
PayPal Debuts Contactless Mobile Wallet in Germany, Expands Pay Later to Physical Retail
PayPal has unveiled a groundbreaking mobile wallet solution in Germany, marking a global first for the fintech giant as it expands its footprint ...
Fintech
Mastercard and Tamkeen to Launch Mastercard Strive for SME Digital Empowerment in Bahrain
In a bold move to bolster small business resilience and economic inclusion, Mastercard’s Center for Inclusive Growth has partnered with Bahrain’s Labour Fund ...
Fintech
LemFi’s $53M Series B Powers 29x Exit for Silverbacks Holdings, Reinforces Investor Confidence in Nigerian Fintech
LemFi, a fast-growing Nigerian cross-border remittance platform, made headlines with its $53 million Series B raise in January 2025—an event that also marked ...
Fintech
JP Morgan’s Kinexys Gains Momentum Across MENA with Blockchain-Powered Payment Solutions
Global banking giant JP Morgan is accelerating the adoption of its blockchain-powered payment platform, Kinexys, in the Middle East and North Africa (MENA), ...
Fintech
FCA Proposes Ban on Credit-Based Crypto Purchases Amid Rising Consumer Debt Concerns
The UK’s Financial Conduct Authority (FCA) is considering a landmark proposal to prohibit the use of credit cards and credit lines for purchasing ...
Fintech
Visa and Bridge Launch Stablecoin-Linked Cards to Expand Global Digital Payments
In a move that underscores the growing intersection of traditional finance and digital assets, global payments leader Visa has partnered with Bridge, a ...
Fintech
South African Banks Scale Back ATMs as Digital Payments Take Centre Stage
South Africa’s leading banks are rethinking their reliance on Automated Teller Machines (ATMs), marking a significant shift toward a digitally-driven financial ecosystem. Once ...
Fintech
CBN Slams Paystack with ₦250 Million Fine Over Regulatory Compliance Violation in Zap Launch
The Central Bank of Nigeria (CBN) has imposed a ₦250 million fine on leading fintech company Paystack for breaching regulatory requirements in the ...
Fintech
Nigeria Set to Launch Open Banking Framework in August 2025, Pioneering Regulatory Innovation in Africa
Nigeria is poised to become the first African country to implement open banking, as the Central Bank of Nigeria (CBN) has officially approved ...