Fintech
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.
The Comisión para el Mercado Financiero canceled registrations of about 20 financial service providers on Friday for failing to comply with the Fintech Law.
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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.
Nubank released record results for the first quarter of 2026 on Thursday, with revenue above US$5 billion and net profit of US$871 million.
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Fintech Yuno reported that its payment orchestration platform can raise approval rates by up to 15% and cut losses from failed transactions.
Futu Securities launched Futu Café on Thursday at its store on Lee Garden Road in Causeway Bay, offering drinks to blend into clients' daily lives. A company spokesman said the café aims to integrate investment and financial management into users' everyday lifestyles while appreciating client support with preferential prices. App users can buy drinks for as low as HK$12 (US$1.53).
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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.
Al Ahly Pharos advises MNT-Halan on funding round lifting valuation to $1.4bn
Jumamosi, 13. Mwezi wa sita 2026, 10:23:43Nubank sends false liquidation alert due to developer error
Ijumaa, 5. Mwezi wa sita 2026, 03:38:19Colombia Fintech warns of risks from postal accounts
Alhamisi, 4. Mwezi wa sita 2026, 18:16:30PayPay to acquire 70.2 percent stake in T&D life insurer for $840 million
Jumanne, 2. Mwezi wa sita 2026, 00:27:26Michael Jordaan outlines keys to African fintech success
Jumatano, 6. Mwezi wa tano 2026, 06:11:30Chime Financial releases Q1 2026 earnings presentation
Jumatatu, 4. Mwezi wa tano 2026, 16:02:33Rafael Meruane seeks joint ventures with banks for digital assets
Jumanne, 28. Mwezi wa nne 2026, 13:18:28FSC chairman vows bold deregulation for financial innovation
Jumapili, 26. Mwezi wa nne 2026, 15:10:00Kiwe secures final CBE approval for social fintech platform launch
Jumapili, 19. Mwezi wa nne 2026, 09:27:35Haulmer drives small business digitalization from Curicó