article thumbnail

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

CIO

The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance.

Trends 158
article thumbnail

Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. Appzone is a fintech software provider. Appzone is a fintech software provider. Appzone clearly plays a different game from other African fintechs.

Fintech 363
article thumbnail

Fintech and insurtech innovation in Brazil set to take off on regulatory tailwinds

TechCrunch

You could describe Pix as “a government-built version of Venmo,” as João Pedro Thompson, founder of fintech Z1, told TechCrunch. To understand what’s going on with regulations in Brazil, and how this is affecting startups, I reached out to experts with firsthand knowledge of Latin America’s fintech ecosystem.

Fintech 278
article thumbnail

Fintech predictions and opportunities for 2023

TechCrunch

Fintech has fallen a long way from the highs of 2021, and while 2022 was largely about the reset of the funding environment, 2023 is going to be a year of recalibration for fintech companies. Larger companies are more likely to cut back on internal innovation efforts and technology investments that are not core to the business.

Fintech 305
article thumbnail

A decade of fintech failures: 4 innovations that didn’t live up to the hype

TechCrunch

Grant Easterbrook Contributor Share on Twitter Grant Easterbrook is a fintech consultant based in Amsterdam. Much has been written about the success of fintech and how this wave of technological innovation has changed consumers’ lives. He also co-founded Dream Forward, which was acquired in 2020.

Fintech 257
article thumbnail

Square’s bank arm launches as fintech aims ‘to operate more nimbly’

TechCrunch

Known for its innovations in the payments sector, Square is now officially a bank. In a statement, Square CFO and executive chairman for Square Financial Services, Amrita Ahuja said that bringing banking capability in house will allow the fintech to “operate more nimbly.”. The trend of fintechs becoming bank continues.

Banking 352
article thumbnail

Visa takes a swipe in fintech, builds new online marketplace

TechCrunch

The relationships between banks and fintechs are multi-faceted. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. I talked with Terry Angelos, senior vice president and global head of fintech at Visa, to understand just exactly what that means.

Fintech 292