1. Stripe exploring employee share sale, $85bn valuation
Stripe is reportedly exploring a potential employee share sale, aiming to value the company at $85 billion, reflecting continued growth in the fintech space. Source
2. Gold Coast Federal Credit Union taps Tyfone for Nfinia digital banking platform
Gold Coast Federal Credit Union has partnered with Tyfone to implement the Nfinia digital banking platform, enhancing member services with modern fintech solutions. Source
3. Saudi BNPL fintech Tabby raises $160M, IPO plans underway
Saudi-based BNPL fintech Tabby has raised $160 million in Series E funding, with reports indicating plans for an IPO to further expand its services in the region. Source
4. nCino acquires Sandbox Banking for $52.5M
nCino has acquired Sandbox Banking for $52.5 million in cash to enhance its cloud-based banking platform and expand its financial services offering. Source
5. Hungary’s telecom market growth continues despite challenges
Hungary’s telecom market has seen significant growth, with key players expanding their services and infrastructure in response to competitive pressures. Source
6. Aduna partners with Infobip to expand ecosystem and network
Aduna has partnered with Infobip to expand its ecosystem, aiming to enhance its communications and network capabilities across various sectors. Source
7. Huawei backs Kenya’s push for gender parity in STEM
Huawei is supporting Kenya’s efforts to promote gender parity in STEM fields, providing resources and programs aimed at empowering young women in technology. Source
8. Cisco and Mistral AI partner for customer experience transformation
Cisco has partnered with Mistral AI to deliver AI-driven solutions designed to transform the customer experience, enhancing automation and intelligence. Source
9. United Group agrees to sell SBB Serbia and TV Plus business
United Group has agreed to sell its SBB Serbia business and its Net TV Plus subsidiary, alongside its sports broadcasting rights for the Western Balkans. Source
10. CityFibre marks first full year of profitability
CityFibre has announced its first full year of profitability, marking a significant milestone in its goal to expand fiber broadband coverage across the UK. Source
11. STC and AWS to boost Saudi Arabia’s cloud and AI infrastructure
STC has partnered with AWS to strengthen Saudi Arabia’s cloud and AI infrastructure, supporting digital transformation efforts across various sectors. Source
12. STC strengthens Bridge Alliance partnership with BAEX commitment
STC Group has become the first MENA operator to commit to the Bridge Alliance API Exchange (BAEX), enhancing regional connectivity and cooperation. Source
13. Bankai partners with GLF for community solutions
Bankai has teamed up with GLF to deliver tailored community solutions, aiming to enhance fintech services and expand access to financial tools. Source
14. Mobily invests $905M in data centers and submarine cables
Mobily is investing $905 million in expanding its data centers and submarine cables infrastructure, boosting its position in the telecom and data services market. Source
15. DataVolt signs agreement with Neom for future projects
DataVolt has signed a major agreement with Neom to support the development of future data center projects, reinforcing Saudi Arabia’s digital infrastructure. Source
16. AirTrunk announces new 270 MW data center for Johor
AirTrunk has revealed plans for a new 270 MW data center in Johor, Malaysia, to support growing demand for cloud services in the region. Source
17. Etihad Salam Telecom and Elm collaborate on smart city infrastructure
Etihad Salam Telecom has partnered with Elm to enhance smart city infrastructure in the UAE, deploying advanced solutions for improved urban living. Source
