Global financial platform Airwallex isinvesting $590million (£436million) into its UK business over the next five years, signaling a strong commitment to London as a launchpad for its growth across Europe, the Middle East, and Africa (EMEA). The substantial capital injection, planned between 2026 and 2030, is set to fund a significant hiring drive and the […]
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The Sustainable Bitcoin Protocol (SBP) has completed the inaugural auction of the SBP token, a new digital asset designed to verify clean energy use in Bitcoin mining—on Coinbase’s institutional platform, Project Diamond. The transaction took place within the Abu Dhabi Global Market (ADGM) RegLab, the jurisdiction’s regulatory sandbox for fintech innovation. This auction marks the […]
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Global investment bank Barclays has become the fifth major FI to invest strategically in United Fintech, joining its board and strengthening the fintech ecosystem’s mission to accelerate digital transformation and the secure deployment of AI-powered innovation across financial services. The investment follows similar backing from leading institutions including BNP Paribas, Citi, Danske Bank, and Standard […]
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Zodia Custody, the institution-first digital asset custodian backed by Standard Chartered, has been granted a Markets in Crypto Assets (MiCA) licence by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). The authorisation marks a significant milestone for the firm, enabling its European arm to passport regulated custody services across all European Union member states. The […]
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Salt Edge, a financial API platform, has officially launched its bulk payments solution designed to replace slow, manual batch processes with modern Open Banking rails. The solution is aimed at fintechs, SaaS platforms, marketplaces, and high-volume enterprises that require fast, secure, and compliant mass payouts. Built on PSD2-compliant API infrastructure, the platform allows companies to […]
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Starling Bank has launched a new interactive tool designed to help couples navigate difficult financial conversations, following research revealing that money is a major source of conflict for two-thirds of UK partners. The digital bank’s ‘Let’s Talk Money’ tool, aims to help users identify their specific “money language” to better understand their spending behaviours and […]
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Digital payments giant Visa has created a new dedicated region comprising Saudi Arabia, Bahrain, and Oman, a strategic move designed to accelerate digital payment growth and align closer with national government priorities for digital transformation. Ali Bailoun, VISA group country manager As part of this restructuring within its Central and Eastern Europe, Middle East and […]
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botim money, the fintech arm of the region’s leading ultra-app, has signed a Memorandum of Understanding (MoU) with Binance to explore the integration of digital asset trading and investment services for its users in the UAE. The collaboration marks a significant step in bridging the gap between traditional communication platforms and the burgeoning crypto economy. […]
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Zilch, the London-based consumer payments platform, has secured a payment services licence from the Financial Conduct Authority (FCA), a regulatory milestone that will allow the fintech to bring payment operations in-house and accelerate product innovation. Philip Belamant, CEO and co-founder at Zilch. The new licence removes Zilch’s reliance on third-party payment processors, granting the company […]
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International fintech and financial services provider Rostro Group has secured a Category 5 licence from the UAE Securities and Commodities Authority (SCA), marking a significant milestone in its global expansion strategy. The approval allows the group to deepen its operations within the United Arab Emirates, positioning it as a regulated and compliant participant in the […]
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