Fintech

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Illustration of President Trump signing an executive order related to cryptocurrency and Federal Reserve policies.
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Trump signs order to review crypto access to fed payment rails

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President Donald Trump signed an executive order on May 19 directing the Federal Reserve to examine policies on granting payment account access to crypto and fintech firms. The move escalates debate over direct connections to the central bank's core dollar payment systems. Companies such as Kraken, Ripple, Coinbase, and Circle stand to benefit from potential changes.

Arifpay announced the acquisition of four firms to expand its operations in Ethiopia's digital payments sector while reporting significant transaction volumes from 2022 to 2026.

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Al Ahly Pharos Investment Banking served as financial advisor to MNT-Halan in a recent funding round that raised the fintech company's valuation to $1.4 billion.

Fintech Yuno reported that its payment orchestration platform can raise approval rates by up to 15% and cut losses from failed transactions.

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Chime Financial, Inc. has published a slide deck for its first-quarter 2026 earnings call. The presentation was made available on May 6, 2026, via NASDAQ under the ticker CHYM.

Egypt's fintech firm Lucky has raised $23m in a Series B round blending equity and debt to accelerate its push into North Africa's consumer credit market. The funding came from Disruptech Ventures and DPI Venture Capital through the Nclude fund, plus new strategic backers including Suez Canal Bank and OneStop. Tech.

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Over one million people have been displaced in Lebanon since March due to Israeli attacks on Beirut and the occupation of southern Lebanon. Families are sheltering with relatives, renting rooms when possible, or sleeping in cars and outdoors, straining fragile infrastructure. Digital wallets are emerging as key tools for aid, linking diaspora donors directly to affected communities amid eroding trust in institutions.

 

 

 

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