Two Middle East fintech giants are merging to create a payments powerhouse
Network International and Magnati, two major players in the Middle East’s financial technology scene, have officially merged. The deal, which…
Bite Investments secures $25m growth capital from NewSpring
Bite Investments has landed a $25 million strategic growth investment from US private capital firm NewSpring Capital, with plans to…
Jack Henry acquires Victor Technologies to boost PaaS offering
US-based banking technology provider Jack Henry has acquired Victor Technologies to expand its Payments-as-a-Service (PaaS) capabilities and strengthen its position…
ADCB poaches Emirates NBD’s digital chief Pedro Sousa Cardoso
Abu Dhabi Commercial Bank (ADCB) has appointed Pedro Sousa Cardoso as chief digital officer (CDO), effective immediately, as the $177…
FinovateEurope 2026: Where senior leaders gather to shape the future of fintech
FinovateEurope is returning on 10-11 February 2026 at the InterContinental O2 in London, bringing together 1,000+ decision-makers, including 600+ C-suite…
Fintech firm Tarabut opens new regional headquarters in Riyadh
Tarabut, a Middle East and North Africa (MENA)-based open banking platform, has launched its regional headquarters in Riyadh. The move…
Ooredoo Fintech to Join PayPal World, Unlocking Seamless Global Commerce for its Consumers and Merchants
Ooredoo Fintech, one of MENA’s leading digital financial services providers, operating in multiple countries across the region, today announced their…
Crest Savings partners Vine for AI commercial lending tech
Crest Savings Bank in New Jersey has opted for the commercial lending technology from start-up Vine. Hosted on Amazon Web…
Viamericas raises £113.6m to grow remittance network
Viamericas has raised $113.6 million in a new funding round led by Old National Bank, with support from Bank of…
Nubank files for US national bank charter
Brazil-based digital challenger Nubank has submitted an application with the Office of the Comptroller of the Currency (OCC) for a…
SIBS chief Madalena Cascais Tomé to head financial services at Worldline
Former SIBS CEO Madalena Cascais Tomé has joined Worldline as head of financial services, effective immediately. Tomé, who is also…
Nium Unveils Global Collections to Help Banks Offer Local Currency Accounts Abroad
Nium has rolled out Global Collections, a new offering aimed at allowing banks to provide their clients with local currency…
Swift to develop blockchain ledger for instant cross-border payments
Swift is moving to evolve its position from a pure financial messaging system to a payment infrastructure provider, with new…
HSBC continues global retreat with Sri Lanka retail banking sale
HSBC is continuing its international divestment strategy through a new agreement to sell its retail banking business in Sri Lanka…
Former MP Chris Pond succeeds Charlotte Crosswell as CFIT chair
The Centre for Finance, Innovation and Technology (CFIT), a fintech industry body and innovation hub based in the UK, has…
Nine Alums Raised More Than $566 Million in Q3 2025
The rebound in fintech funding that we’ve been looking for over the past few weeks earned further confirmation today after…
HSBC tests quantum bond trading in IBM partnership
HSBC and IBM have achieved a significant breakthrough in algorithmic bond trading by successfully conducting the world’s first known trial…
Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday,…
Hong Kong’s RedotPay joins fintech unicorn club following $47m round
Hong Kong-based stablecoin payment platform RedotPay has become the latest fintech to achieve unicorn status, following the completion of a…
AI accounting start-up Light targets US expansion with $30m Series A
Danish fintech start-up Light has raised $30 million in a Series A funding round to grow its team and expand…