Fintech
Kenya’s Mobile Money Penetration Hits 91%, Cementing Global Fintech Leadership
Kenya has reaffirmed its status as a global trailblazer in digital finance, with mobile money penetration reaching an unprecedented 91% by June 2025, ...
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 ...