Paymob’s $35m pre-Series C bets on the Gulf, not Egypt
Paymob's $35m pre-Series C, co-led by Mubadala and the EBRD, lands as GCC revenue grows 7x to near half the total. What the Gulf shift means for MENA payments.
Desk
Fintech
Payments, KYC, trading technology and the vendors that sell it to brokers.
257 stories since 2021 · page 4 of 13
September 2026
FintechOS raises $28m in debt and equity to push into the US
FintechOS raised $28m from existing backers plus a Santander CIB debt line after turning profitable.
Luzern Risk raises $45m to take captive insurance mid-market
Luzern Risk's $45m Series B bets captive insurance can move beyond the Fortune 500, as Marsh data shows formations rising while commercial rates fall.
Bank Pekao picks NCR Atleos Authentic payment switch
Bank Pekao has chosen NCR Atleos's Authentic payment switch for card processing as a tax-driven profit squeeze puts its cost-to-income target under pressure.
UK Payments Delivery Company seeks £50m, blueprint due 2027
Nineteen firms funded the UK Payments Delivery Company's £50m raise four days after the design consultation closed. The blueprint is not due until Q1 2027.
Enova walks away from Grasshopper Bank, saying regulators have no standards for nonbanks
Enova withdrew its OCC and Federal Reserve applications for Grasshopper Bank, saying nonbanks face no clear charter standards. ENVA fell 23.4% next session.
Fin.com raises $20m seed with seven acquisitions already closed
Fin.com raised a $20m seed led by Garrett Camp's Expa, a small cheque for a cross-border payments network with 200 staff and seven acquisitions closed.
Ryft’s £20m Series B targets a Malta licence and US entry
Ryft raises a £20m Series B led by Gresham House Ventures, with a Malta EU licence bid, US entry and the safeguarding duties marketplaces would rather avoid.
ETFBOOK raises $13m to take ETF data into the US and Apac
ETFBOOK raises $13m led by Expedition Growth Capital to take its ETF data platform into the US and Apac, yet 38% of global ETFs sit outside its coverage.
Saudi fintech Tabby raises $233m at a $6.5bn valuation
Tabby raised $233m at a $6.5bn valuation led by Blue Pool Capital, but the small primary cheque shows Gulf BNPL's real growth funding is now debt, not equity.
Tickblaze enters FPFX Tech stack for futures, FX and CFD prop firms
Tickblaze joins FPFX Tech's prop firm stack as execution layer beside PropAccount.com across futures, FX and CFDs. No deal value or go-live date disclosed.
YouLend and Dojo hit £2bn in SME funding as 83% renew
YouLend and Dojo passed £2bn in embedded finance for UK SMEs with 83% of merchants renewing, and the same lender now sits behind Stripe, Worldline and Teya.
Chime to buy partner Stride Bank for $590m in cash
Chime's $590m Stride Bank acquisition prices a bank earning 28% on equity at 1.5x book, and pays Stride in contract renewals, not cash, if regulators block it.
IMTC wires MarketAxess liquidity in mid-$5.7bn ICE takeover
IMTC has embedded MarketAxess liquidity in its fixed income OMS while ICE's $5.7bn takeover is still pending. The merger proxy shows who carries the risk.
StoneX retires City Index as retail segment income falls 36%
StoneX retires the City Index brand on September 12. The filed 10-Q shows retail segment income before tax down 35.7%, inside a group growing revenue 43%.
Circle buys Tazapay for $400m to reach 100 payout markets
Circle will pay $400m in Class A stock for Singapore's Tazapay and its 100-plus payout markets. The SEC filing shows an 8% holdback and a nine-month clock.
FIS puts embedded banking deposits on the bank’s balance sheet
FIS launched an embedded banking platform that keeps deposits on the bank's balance sheet, not a third-party ledger. Cogent, CBC and M&T Bank are pilots.
Spotware launches cFinancial, its own broker liquidity provider
Spotware has launched cFinancial, a Seychelles-licensed liquidity provider bundled with cTrader and cBridge, putting the vendor inside its own bridge.
OpenReserve wins a US bank charter priced at $210m and 12%
The OCC priced OpenReserve Bank's charter at $210m and a 12% leverage floor - below its own 2026 capital median. The balance sheet, not the brand, set it.
ECB and Brazil study a TIPS-Pix link, pilot targeted for 2028
The ECB and Banco Central do Brasil are exploring a TIPS-Pix link for instant cross-border payments, with a 2028 pilot. Why the FX leg is the hard part.
