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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions

TechCrunch

The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization.

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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.

Trends 158
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For Fintech, 2024 Was A Year of Hype, Hustle and Hard Truths. What’s Next In 2025?

Crunchbase News

Greenwashing is equally loud There’s a push for sustainability in fintech yet, many firms promote green products without any genuine impact fundamentals. Blockchain and crypto are back in focus, promising faster, more affordable transactions. They have a strong emphasis on attaining financial education and autonomy.

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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

It’s also worth noting that despite having a marketing slogan which paints itself as “your bank of things”, Twig is not actually a bank; rather a Twig account is an “e-money account” — so there are key regulatory differences (such as Twig accounts not being covered by the UK’s deposit guarantee scheme).

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Discover the Disrupt 2023 Fintech Stage

TechCrunch

Disrupt will have six industry tracks , each with its own stage, including AI , fintech , hardware , SaaS , security and sustainability. It’s a broad term that encompasses many areas, including payments, banking, credit and crypto. Come join us !

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MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy

TechCrunch

Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year, making it the third-fastest growing cryptocurrency economy. They are former executives from Amazon, PayPal, Uber, NVIDIA, Founders Bank, and Rappi. But what may make the web3 upstart stand out is its subsequent products.