Zilch has launched what it describes as its most significant product expansion since the company was founded in 2019, introducing two paid membership tiers alongside a longer-term instalment option and an open banking salary advance feature. The London-based payments platform is rolling out Zilch Extra, priced at £2.99 a month, and Zilch Plus at £3.99 […]
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Jordan Kuwait Bank (JKB) Group has reported a net profit of JOD 57.6 million (approximately USD 81.4 million) for the first six months of 2026, underpinned by a balance sheet that the bank says reflects disciplined risk management and continued investment in digital infrastructure. Total assets stood at JOD 5.359 billion (USD 7.56 billion) at […]
Explore MoreThe Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding with the General Commercial Gaming Regulatory Authority (GCGRA), the UAE’s federal body responsible for licensing and supervising commercial gaming activities. The agreement, announced on 14 August 2026, establishes a formal framework for information sharing, supervisory coordination and policy […]
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Mal, an Abu Dhabi-based fintech founded in 2025 by Emirati entrepreneur Abdallah Abu-Sheikh, has disclosed a US$230 million seed round that it describes as the largest publicly announced fintech seed investment in the Middle East and Africa. The company has also received in-principle approval from the Central Bank of the UAE to establish a licensed […]
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OBOOK Holdings (NASDAQ: OWLS), the Taiwan-headquartered fintech operating globally under the OwlTing brand, has released preliminary unaudited revenue for the first half of 2026 and an operating update for OwlPay Harbor, its digital currency-based cross-border enterprise payments platform. The results land ahead of a full unaudited earnings release scheduled for 21 August 2026. The numbers […]
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Creditspring, the London-based subscription credit provider, has secured FCA permission to operate as a credit broker, allowing it to refer eligible members to carefully selected third-party lenders when its own products are not the most suitable option. The announcement was made on 13 August 2026. Neil Kadagathur, CEO of Creditspring The new permission shifts Creditspring’s […]
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Coinbase has secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), clearing the US exchange to arrange deals in investments and provide custody in connection with tokenised securities. The licence is the regulatory foundation for what Coinbase describes as its international tokenisation hub, the first […]
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Thunes, the Singapore-headquartered cross-border payments infrastructure provider, has extended its stablecoin treasury capabilities by integrating EURC, Circle‘s MiCA-compliant euro-backed stablecoin, across its Direct Global Network. The move allows eligible Network Members to prefund euro-denominated transactions around the clock, removing the settlement gaps created by traditional banking hours and holiday calendars. The integration spans four blockchains: […]
Explore MoreA majority of professional investors expect the United States to cede sole dominance in artificial intelligence within five years, sharing the top position with China rather than holding it outright. That is the central finding of a study commissioned by London-based thematic equity manager Robocap, which surveyed 100 senior investors at pension funds, insurance asset […]
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Sionic, an Atlanta-based payments company, has made its Instant Bank Pay service and an accompanying Fraud Detection Service available through Microsoft Marketplace. The listing, announced on 11 August 2026, gives enterprise customers a route to deploy the product within the Microsoft Azure ecosystem alongside other cloud and AI tools. The service routes payments across two […]
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