The South African National Treasury faced industry pushback over draft regulations that would classify local crypto trades as . Exchanges like Luno and VALR argued that treating domestic holdings as if they left the country could stifle the region’s digital asset momentum.
shares surged 27% to record highs following a quarterly report showing "unprecedented demand" for AI-supporting chips . The CFO noted that revenue could have been even higher if supply had kept pace with the AI boom. 5. DOJ Drops Probe into Fed Chair Jerome Powell Top 10 Fintech News Stories for the Week Ending...
Federal prosecutors dropped an investigation into regarding headquarters renovation costs. The move clears a significant hurdle for the confirmation of Kevin Warsh, the nominee set to replace Powell in May. 6. Meta and AWS Partner on Graviton AI Deployment The South African National Treasury faced industry pushback
The Reserve Bank of India officially canceled the banking license for effective April 24, 2026. The regulator cited persistent non-compliance and "detrimental" management practices, initiating a formal winding-up process. 2. Adyen’s First Acquisition: Talon.One for €750M The CFO noted that revenue could have been
agreed to deploy tens of millions of AWS Graviton processor cores to scale its AI capabilities. The deal significantly boosted shares for Arm Holdings, which designs the architecture for the Graviton CPUs. 7. OPay Valuation Hits $3.1 Billion
Reports emerged that Revolut is internally targeting a valuation between for its eventual public listing, likely no earlier than 2028. The neobank recently secured its UK banking license , a critical step for its growth strategy. 9. NatWest Launches Venture Banking with AWS
Nigerian fintech saw its valuation rise to $3.1 billion , officially surpassing Flutterwave. The jump, fueled by a 15% increase in implied value from shareholder filings, comes amid speculation of a potential IPO following the hire of a new CFO from Citigroup. 8. Revolut Targets $200B IPO Valuation
