In a bold move that could redefine capital markets across the Middle East and Africa, ASEAN fintech leader EDENA and Egypt’s powerhouse BEK Group have inked a joint venture to launch the region’s first 24/7 digital securities exchange—with a $250 million Cairo real estate tokenization as its debut deal.
PayPal is making its boldest move yet into the world of crypto payments—and it’s all about cutting costs and complexity for global merchants.
As Buy Now, Pay Later (BNPL) continues to explode in popularity among U.S. consumers, Equifax and Qlarifi are stepping in to address a major blind spot for lenders: the lack of real-time visibility into short-term, point-of-sale borrowing behavior. The two companies announced a joint industry study that could reshape how BNPL activity is factored into credit risk assessments and fraud prevention strategies.
In another big-ticket exit for private equity in the govtech space, NEOGOV—a cloud-native HR and compliance platform built specifically for U.S. public sector agencies—is being acquired by the EQT X fund and the Canada Pension Plan Investment Board (CPP Investments). The deal marks a significant transition from current backers Warburg Pincus and Carlyle, who helped scale NEOGOV over nearly a decade of ownership.
FNZ, a global powerhouse in end-to-end wealth management technology, has signed a five-year strategic deal with Microsoft aimed at reshaping the future of financial advice—using artificial intelligence, big data, and cloud infrastructure to do it. The collaboration promises to bring a new level of personalization, intelligence, and operational resilience to wealth management services worldwide.
An upcoming fintech startup is preparing for launch. The product is solid, the tech stack is compliant, and the team is ready. They have hired a PR agency for press releases, media pitches, founder interviews, and launch-day activities. But what follows paints a different picture. Social media questions from regulators go unanswered. Worse still, the…
In an aggressive move to outpace fraudsters, Patriot Federal Credit Union has partnered with Scienaptic AI, integrating its advanced AI-driven fraud detection platform to combat rising threats like identity theft and synthetic identity fraud.
Northwest Bancshares (NASDAQ: NWBI) has officially closed its acquisition of Penns Woods Bancorp (NASDAQ: PWOD), reinforcing its banking presence in Pennsylvania with 21 additional branches and further consolidating its footprint across the Northeast and Midwest.
AccessFintech just appointed a new captain for its next chapter: Sarah Shenton, a Goldman Sachs veteran and long-time board member, is now officially the company’s Chief Executive Officer. The leadership shakeup, announced today, signals an ambitious pivot from growth foundation to full-scale expansion as the fintech firm doubles down on capital markets infrastructure.
In the latest example of fintech meeting function, PayNearMe has announced a strategic integration with Emotive Software, Inc., bringing its flexible payments tech natively into Emotive’s AI-powered ERP platform for auto dealers. The move promises to eliminate screen-hopping, simplify collections, and make it easier for dealerships to get paid—fast.
