New research published today from ClearBank and YouGov – UK consumer attitudes to saving and investing: are providers meeting their needs? – reveals that increasing competition and ongoing economic uncertainty are transforming how Brits manage their money. Nearly two-thirds of those surveyed (64%) are setting aside funds for 'a rainy day' – fuelling financial technology adoption and self-driven money management.

Financial confidence and demand for control

NAGA, a leading FinTech company listed on the Frankfurt stock exchange, and TipRanks, a premier stock research website, today announced a strategic partnership to enhance NAGA's user interface with advanced stock analysis features. This collaboration brings institutional-grade research tools directly to retail investors, significantly improving their ability to make informed trading decisions.

Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to reach $1.5 trillion by 2030. 

Mercury, the fintech ambitious companies use for banking*, credit cards, and software to power all their financial workflows, today announced a $300 million Series C investment round from existing and new investors. The round, led by new investor Sequoia Capital, includes primary and secondary funding and values Mercury at $3.5 billion post-money, more than double its previous Series B valuation of $1.6 billion in 2021.

Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized leader in promoting Islamic banking and finance, has signed a landmark agreement with Autosoft Dynamics, a renowned banking software solutions provider, to introduce cutting-edge core banking system along with end-to-end Shariah Compliant Islamic Suite (Consumer & Commercial) for Banking / Non-Banking / Microfinance and Lending Portfolio new setups and conversions.

Starting today, Nubank Crypto clients will have access to new coins. The tokens Cardano (ADA), NEAR Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) will complement Nubank’s crypto investment portfolio, which already includes 16 other options such as Bitcoin, Ether, Solana, USDC, and Ripple.

PayPal Holdings, Inc. today announced it has passed $30 billion in global loan originations* and has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts globally since 2013, filling a critical gap for small businesses looking for capital to maintain a healthy cashflow and grow.

TreviPay, the most-trusted B2B payments and invoicing network, today announced the release of advanced purchase controls to allow businesses to configure and enforce customized B2B purchase policy structures that align with their procurement requirements. The new functionality, now available to TreviPay clients, addresses pain points in the B2B purchasing process by automating controls that reduce payment delays, minimize manual reconciliation work and enhance overall compliance.