Trevi, an e-payment and loyalty app, has launched in Egypt, offering secure transactions, instant cashback, and rewards with no cap. Partnering with Paymob, Trevi aims to revolutionize digital payments, targeting 11.4 million users by 2029. Upcoming features include SNPL and Lending & Leasing services for a comprehensive financial solution.
Pass Delivery has partnered with SkipCash to introduce Card on Delivery (CoD), allowing customers in Qatar to make secure cashless payments for doorstep deliveries. This collaboration aims to streamline transactions, enhance security, and reduce cash-handling risks, contributing to Qatar’s shift toward a cashless society.
Nepalese fintech companies Khalti and IME Pay have signed an MoU to merge, marking the country’s first-ever digital wallet consolidation. The merged entity may be named ‘IME Khalti’ or ‘Khalti Pay.’ This move follows a regulatory change by Nepal Rastra Bank, allowing digital wallet mergers under certain conditions.
Kuwait International Bank (KIB) has signed a strategic MoU with PayTabs Kuwait to enhance its digital payment solutions for businesses. The partnership aims to provide customized services for merchants, fostering economic growth, and supporting digital transformation in Kuwait. This move reinforces KIB’s commitment to expanding its customer base.
Bangladesh leads mobile money adoption in South Asia, with 224.5 million registered users in 2023. Mobile financial services like bKash are driving financial inclusion, facilitating remittances, and offering a range of services. The sector has shown remarkable growth, with mobile money contributing to economic development and financial access for all.
Barq, a Saudi fintech company, has partnered with Alipay+ to enhance cross-border payments, becoming part of Alipay+’s international network. This collaboration supports Saudi Arabia’s Vision 2030 by improving financial transactions and boosting tourism. Barq’s previous partnership with Mastercard in 2024 further strengthens its payment solutions.
Bahrain’s central bank is drafting regulations for stablecoin issuance to reduce transaction costs and expand financial access. The proposed laws aim to regulate digital assets, enhance security, and reduce risks like fraud and money laundering. The central bank will also monitor activities through blockchain tracking tools.
dLocal, a Uruguay-based payment platform, is capitalizing on Egypt’s growing digital commerce market by offering local payment methods like mobile wallets and bank transfers. Despite cash dominance, Egypt’s e-commerce sector saw a 318% revenue increase for dLocal in Q3 2024, positioning the company as a key player in Africa’s fintech space.
Affinity Africa has raised $8 million in seed funding to expand its digital banking services in Ghana. With over 50,000 customers, the startup focuses on financial inclusion, offering free savings accounts and credit services. The hybrid model blends digital banking with offline agents to drive user adoption in underserved communities.
stc pay Bahrain and PLDT Global have signed a strategic partnership at LEAP 2025 to integrate PLDT Global’s services into stc pay’s app. This collaboration will offer the Filipino community in Bahrain flexible digital payment solutions, including mobile wallet top-ups, bill payments, and more, driving digital transformation and business growth.
