Keywords: Fintech
British fintech Revolut has secured a banking licence in France, marking a major step in its efforts to strengthen its presence in one of Europe's largest retail banking markets. The company announced the approval on Monday, describing the licence as an important milestone that reinforces its position......
Artificial intelligence is opening a new avenue for small businesses seeking to identify and manage external risks. A technology tool called Blanket is attempting to connect companies' potential vulnerabilities with event-based contracts that could be relevant to specific market risks. The platform......
Nigeria's latest effort to expand its tax base has triggered concern across the country's cryptocurrency sector, with industry participants warning that new levies on digital asset transactions could slow adoption in one of the world's most active retail crypto markets. The measures form......
Elon Musk’s ambition to transform X into an all-in-one digital platform has taken a major step forward with the official launch of X Money, a new financial service designed to integrate payments and banking features directly into the social media platform. More than two years after acquiring Twitter,......
Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction......
Italian payments company Nexi has reaffirmed its financial outlook for 2026 despite reporting a modest decline in second-quarter core earnings, signaling confidence in its long-term strategy as the European payments industry undergoes rapid transformation. The company, recognized as Europe's largest......
The Dubai International Financial Centre (DIFC) has surpassed 10,000 active companies for the first time in its history, highlighting the continued expansion of Dubai's financial and business ecosystem. The milestone was reached during the first half of 2025, with the number of registered companies......
PayPal has reinforced its long-term recovery strategy by raising its full-year 2026 profit guidance and unveiling an expanded cost-efficiency plan, even as questions continue to surround a potential acquisition of the digital payments company. The updated outlook comes at a pivotal moment for the fintech......
X has taken another significant step toward becoming an all-in-one digital platform by introducing a financial offering that combines interest-bearing accounts with peer-to-peer payment capabilities. The latest move reflects Elon Musk's long-term ambition to transform the social media network into......
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