Vodafone Egypt and TapTap Send Launch Cross-Border Transfers to Vodafone Cash Wallets
Vodafone Egypt and TapTap Send enable instant cross-border transfers to mobile wallets, boosting financial inclusion and digital remittance adoption.
Fintech
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Sudan to enable USSD-based financial services for wider inclusion
Sudan is introducing USSD-based banking services to expand financial access, especially for users without reliable internet or smartphones.
Mynk Launches in Morocco to Simplify Peer-to-Peer Payments Through Mobile App
Mynk launches in Morocco with a mobile-first wallet enabling instant peer-to-peer payments, bill payments, and digital transactions, supporting the country’s shift toward cashless financial ecosystems.
AB Xelerate Partners With Fuze to Expand Digital Assets in Jordan
Arab Bank’s AB Xelerate partners with Fuze to explore regulated digital asset solutions in Jordan, supporting fintech innovation and aligning with the country’s economic modernisation strategy.
UAE strengthens position as global fintech hub
The UAE continues to strengthen its position as a global fintech hub, driven by advanced infrastructure, supportive regulations, and growing investment, with the market expected to reach $5.71 billion by 2029.
Moroccan fintech Mynk simplifies peer-to-peer payments through mobile wallet
Moroccan fintech Mynk enables instant peer-to-peer payments through a mobile wallet app that uses phone numbers instead of bank details. The platform aims to increase digital payment adoption and improve financial inclusion in Morocco.
Arab Bank’s AB Xelerate partners with Fuze to explore digital asset innovation in Jordan
Arab Bank’s fintech accelerator AB Xelerate has partnered with Fuze to explore regulated digital asset services in Jordan. The collaboration will evaluate use cases, product design, and technical integration through Jordan’s regulatory sandbox, supporting the country’s digital finance ecosystem.
Algeria’s fintech ecosystem in 2026 builds momentum despite modest scale
Algeria’s fintech ecosystem is gradually developing with 30–35 startups, evolving regulations, and initiatives such as the Fintech Strategy 2024–2030 and PAPSS integration. Startups like Banxy, DFA, ESREF Pay, and Yassir are helping expand digital payments and financial services as the country builds the foundations of its digital finance sector.
Simpaisa Acquires aamarPay with $1 Million Investment to Expand Digital Payments in Bangladesh
Simpaisa has acquired Bangladeshi payment gateway aamarPay and invested nearly $1 million to expand digital payment services. The deal marks a foreign fintech investment in a licensed Payment System Operator and aims to strengthen Bangladesh’s payment infrastructure, support cross-border transactions and promote financial inclusion.
MTN Uganda sees record service revenue and fintech growth in 2025
MTN Uganda reported strong financial growth in 2025, with total revenue rising 13.6% to UGX 3.6 trillion and service revenue increasing 13.4%. Data and fintech services drove performance, with data revenue up 28.8% and fintech revenue up 17.3%. The operator also expanded 4G and 5G coverage while continuing investments in network infrastructure and digital financial services.