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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

TechCrunch

Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment Corporation, a state-backed investment fund. Singapore’s government launches blockchain innovation program with $8.9 million in funding.

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

Pezesha is tapping local and international banking institutions, HNWIs and DeFi for additional liquidity for onward lending. Pezesha plans to create a $100 million financing opportunity each year for businesses by tapping local and international banking institutions, high-net-worth individuals and decentralized finance. “We

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Top tech trends powering the Middle East’s digital evolution by 2025

CIO

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. The financial sector will see rapid adoption of digital payments, open banking, and Central Bank Digital Currencies (CBDCs).

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2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

Similarly, the financial sector will see continued growth in fintech, digital payments and open banking, with cities like Dubai and Riyadh becoming central fintech hubs in the region. Emerging technologies like 5G, blockchain, and quantum computing will see increased investment in the region in the coming years.

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Cameroon’s Ejara raises $2M to offer crypto and investment services in Francophone Africa

TechCrunch

” In 2015, she got acquainted with blockchain and thought it was the perfect technology to solve the problems she faced while growing up. “In Africa, most people don’t have the safety net called retirement fund and some customers use Ejara for that. So it stayed on my mind.” ” .

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Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital

TechCrunch

The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. It focuses on investors new to cryptocurrency with educational features, as well as high net-worth individuals, and says it has transacted over $600 million in gross transaction volume since launching at the end of 2019.

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For Fintech, 2024 Was A Year of Hype, Hustle and Hard Truths. What’s Next In 2025?

Crunchbase News

Blockchain and crypto are back in focus, promising faster, more affordable transactions. Furthermore, embedded finance will grow as financial services integrate even more heavily into nonfinancial platforms, letting consumers access banking, lending or insurance directly within daily-use apps. Illustration: Dom Guzman

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