GoCab, a mobility fintech startup operating a “drive-to-own” business model for gig workers, has successfully closed a sizeable Seed investment round comprising $15million in equity and $30million in debt. The round was led by leading African venture capital firms E3 Capital and Janngo VC, with participation from KawiSafi and Cur8 Capital. Bridging the credit gap […]
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Stablecoins are now being used to settle real payments. AI features are live in consumer and business fintech products. Blockchain infrastructure is increasingly part of production systems rather than pilots. For banks and fintechs, the discussion has turned to practical concerns such as how these tools fit into existing operations, what they cost to run […]
Explore MoreThe US Senate Banking Committee has postponed its markup of the Digital Asset Market Clarity Act following a withdrawal of support from major industry players and intensifying debates over stablecoin interest. Washington’s efforts to establish a comprehensive crypto regulatory framework have hit a major roadblock as the US Senate Committee on Banking, Housing, and Urban […]
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Corpay, a global corporate payments company, has released new research highlighting a critical “automation deficit” among UK finance teams—a growing gap between the ambition to automate and the reality of fragmented, manual operations. The report, titled The Automation Deficit, surveyed 150 UK CFOs and senior finance leaders. It reveals that while 99% of organisations have […]
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Abu Dhabi Islamic Bank (ADIB) revealed the winners of its UAE Cybersecurity Innovation Challenge, an initiative designed to identify and accelerate cutting-edge startups capable of fortifying the nation’s digital financial ecosystem. Organised in partnership with the UAE Cyber Security Council and the DIFC Innovation Hub, the challenge concluded with the selection of three global innovators: […]
Explore MoreIXOPAY has launched three new TokenEx tokenization packages designed to make “token-first” payments the default standard for enterprise merchants. The move aims to address the growing challenge of payment stack fragmentation, offering businesses a faster path to securing data, reducing PCI scope, and achieving processor independence. Breaking processor lock-in According to IXOPAY, many merchants currently […]
Explore MoreOpen Banking Limited (OBL) is celebrating the eighth anniversary of open banking in the UK, marking the transition of the initiative from a regulatory requirement to a core component of the nation’s financial infrastructure. Since its launch in January 2018, following the implementation of PSD2 and the CMA’s Retail Banking Market Investigation Order, open banking […]
Explore MoreUK fintech investment surged by 10 per cent in 2025, reaching a total of $5.3billion, according to the latest data from Tracxn. The findings signal a decisive return to market stability, driven largely by high-conviction bets on established players rather than broad ecosystem expansion. The UK FinTech Annual Funding Report 2025 reveals a market in […]
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LSEG Risk Intelligence has launched a new dataset aimed at tackling one of the most persistent challenges in modern compliance: identifying securities that are indirectly linked to sanctioned entities through complex ownership structures. The launch of the Sanctioned Securities Data File, developed in partnership with data analytics firm BIGTXN, comes with initial analysis revealing that […]
Explore MoreFirst Abu Dhabi Bank (FAB) has launched the FAB Rewards Active Credit Card, a new product developed in collaboration with Mastercard that integrates wearable payment technology with wellness incentives. The offering is headlined by a complimentary fitness tracking payment ring, which the bank describes as a “world-first” innovation. This wearable device combines secure contactless payments […]
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