South Africa’s Nedbank sells Ecobank stake for $100m
Nedbank Group in South Africa has agreed to sell its 21.22% stake in Ecobank Transnational Incorporated (ETI), a pan-African banking…
Year: 2025
Klarna announces launch of long-awaited NYSE IPO targeting $14bn valuation
Swedish fintech giant Klarna has officially announced the launch of its hotly anticipated initial public offering (IPO) on the New…
Corient acquires Stonehage Fleming and Stanhope Capital to boost global expansion
US-based wealth advisor Corient is boosting its global expansion push through the acquisition of two major European wealth management firms:…
Mexico’s Kapital achieves unicorn status with $100m Series C
Kapital, a Mexico City-based neobank serving small and medium-sized enterprises (SMEs), has achieved unicorn status after raising $100 million in…
Trescon’s CARE Dialogues in Dubai highlights renewable energy and sustainable mobility trends
Dubai, UAE: CARE Dialogues, part of Trescon’s global climate action, renewable energy & sustainability event series, CARE, united top sustainability leaders, policymakers, and innovators…
Munify raises $3m to boost digital banking for Egyptians abroad
Cairo-based FinTech Munify, which focuses on cross-border digital banking solutions for Egyptians living abroad, has secured $3m in a seed funding…
Fintech Kapital becomes Mexico’s latest unicorn with $1.3 billion valuation
Mexican financial technology firm Kapital reached coveted “unicorn” status on Tuesday after its valuation topped $1 billion with a fresh funding…
UK FinTechs Eye US Bank Purchases Amid Easing Regulations
U.K.-based FinTech firms are ramping up plans to acquire American banks to boost lending abilities. As the Financial Times noted…
Zopa buys Rvvup payments platform to expand retail finance offering
Zopa Group has acquired embedded payments provider Rvvup in an effort to further unify the checkout payment experience for merchant…
Revolut’s valuation reportedly hits $75bn in latest employee share sale
UK challenger Revolut has initiated a process allowing employees to sell portions of their shares at a reported valuation of…
N26 names supervisory board chairman Marcus Mosen as co-CEO
German digital bank N26 has appointed Marcus Mosen, chairman of its supervisory board, as co-CEO after co-founder Valentin Stalf stepped down…
First Northern Credit Union taps Appli for financial calculator tech
First Northern Credit Union in Chicago, US, has partnered with Appli, a Utah-based fintech founded by POPi/o co-founder Tim Pranger…
Tella acquires majority stake in Newpark Home Loans from Share
New Zealand-based financial adviser network Share has sold a controlling stake in Newpark Home Loans, which operates a mortgage aggregation…
Zimbabwe’s ZBFH modernises core infrastructure with Finastra’s Essence
Zimbabwe’s ZB Financial Holdings (ZBFH) has modernised its core banking infrastructure with the implementation of Finastra’s Essence solution deployed on…
Michel Jacobs appointed as new chief strategy officer at CSI
Banking technology provider CSI has appointed Michel Jacobs as its new chief strategy officer (CSO). Jacobs, who possesses nearly four…
Stablecoin infrastructure platform Rain raises $58m Series B
Rain, a stablecoin infrastructure platform founded in 2021, has raised $58 million in a Series B funding round led by…
London as the New Epicenter of Global FinTech Investment
London’s emergence as the global FinTech hub is no longer a speculative narrative but a data-driven reality. In 2025, the…
CBN, Brazilian Central Bank explore remittance, fintech opportunities
The Central Bank of Nigeria (CBN) and the Banco Central do Brasil (Brazilian Central Bank) have opened fresh talks aimed at strengthening…
TransBnk raises $25m Series B funding round
TransBnk, a transaction banking platform headquartered in Mumbai, India, has raised $25 million in a Series B funding round led…
Swedbank buys Barclays’ stake in Entercard for £200m
Barclays has reached an agreement to sell its entire ownership stake in Stockholm-based fintech Entercard to joint venture partner Swedbank. The all-cash…