Fawry, Egypt’s leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt’s online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu’s first partner in Egypt.

The Office of the Comptroller of the Currency (OCC) today took action to reaffirm that a range of cryptocurrency activities are permissible in the federal banking system. 

Adyen  today published its 2024 Annual Report, providing stakeholders an insight into its business performance, strategy, and key milestones from the past year.  

American Express  today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management.

coeo Inkasso, a leading credit management service in Europe, has partnered with Neonomics to introduce a seamless, cost-efficient payment solution for debt collection bills in Norway. Set to launch in the Norwegian market, Coeo Inkasso will integrate Neonomics' Nello Pay, an open banking-powered solution, enabling individuals to settle outstanding balances directly from their bank accounts—bypassing the friction of traditional payment methods.

Women are critical to the world economy yet remain largely underrepresented, and underbanked as consumers. In fact, more than 40% of women worldwide, equivalent to 1 billion women, still lack access to financial services. Financial equity and inclusion involve providing equal access to financial services and economic opportunities for all individuals. However, the gender gap remains a challenge, particularly in developing countries. For example, only 37% of women in sub-Saharan Africa have a bank account compared to 48% of men.

Clear Junction, a leading global payments solution provider, has revealed that nearly half of financial institutions were unprepared for the realities of the Digital Operational Resilience Act (DORA) regulation when it came into force in January 2025. The findings highlight the challenges businesses face in balancing compliance with operational priorities amid an increasingly complex regulatory landscape.

Milo, a financial technology company and the pioneer in crypto mortgage lending, has achieved a significant milestone by surpassing $65 million in total loan volume for its crypto mortgage offering. This accomplishment highlights the increasing demand for alternative financing solutions and validates the use of Bitcoin (BTC) and Ethereum (ETH) as viable assets for securing homeownership.

Dodo Payments, a fintech company focused on cross-border transactions, has secured $1.1 million in pre-seed funding. The investment round was led by Venture Catalysts, Antler, and 9Unicorns, with participation from several angel investors, including industry leaders from PayU, Oyo, Flipkart, and a16z.