Financial technology company Circle believes the collapse of Silicon Valley Bank shows the need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.

Paymob, the leading financial services enabler in the Middle East, North Africa and Pakistan (MENA-P) and IKEA Egypt, a member of Al Futtaim group of companies, announce their partnership to offer customers a wider range of payment options.

Purpl, a remittance and cash-out aggregator, today announced its successful go-live on Mambu’s cloud-native banking platform. Having secured its digital wallet licence, Purpl’s new offering will provide Lebanese citizens at home and abroad with seamless ways of transacting.

The fintech industry will continue to play a crucial role in the UK economy, despite recent challenges such as the collapse of Silicon Valley Bank and Credit Suisse, according to industry chiefs.

London-based, award-winning green fintech ekko announces unique employee engagement platform powering positive, sustainable outcomes for your teams.

Wenalyze, a leading provider of Open Data analytics software for the SME insurance industry, and FintechOS, the leading fintech enablement platform, today announced a new partnership that will provide insurers with advanced risk analysis and digital capabilities.

Monite, an API-first embedded finance workflows startup, has secured an aggregate $10M in Seed financing to help platforms working with SMBs capitalize on hassle-free B2B payments automation for their clients. 

2023 is off to a rocky start for retailers. Recent events including the COVID-19 crisis, the ground war in Europe and rising inflation are all having a toll on how consumers are shopping - and merchants need to adapt to the new landscape.