Reserve Bank of India clears Emirates NBD’s stake purchase in RBL Bank
Emirates NBD Bank has secured approval from the Reserve Bank of India (RBI) to buy as much as 74% of…
06 Apr 2026
Italy fines Revolut over consumer code breaches
Italy’s competition authority has issued penalties totalling more than €11m ($12.6m) against several companies in the Revolut group, citing unfair commercial practices under the Consumer Code. Revolut Securities Europe UAB…
06 Apr 2026
Flutterwave widens operations in Nigeria with new banking licence
Flutterwave has secured a banking licence in Nigeria, an approval that will allow the Africa-focused payments technology company to operate as a microlender in the country. In a statement, Flutterwave…
02 Apr 2026
Moniepoint buys Kenya’s Sumac Microfinance Bank
Moniepoint has completed the acquisition of Sumac Microfinance Bank in Kenya, following approvals from the Central Bank of Kenya and the Competition Authority of Kenya. The deal represents the company’s…
02 Apr 2026
NatWest and Sainsbury’s partner to launch new finance products
NatWest and Sainsbury’s have agreed a partnership that will see a range of banking products introduced for Sainsbury’s customers, including offers limited to members of the Nectar loyalty scheme. The…
01 Apr 2026
Monzo pulls plug on US operations
Monzo Bank is retreating from the US after facing difficulties in gaining traction in the market and shift focus to UK and Europe. The UK-based digital bank will cease accepting new American customers and cut approximately 50 roles, reported Bloomberg. Existing US account holders will retain access until June. In…
01 Apr 2026
Fidelity BancShares to acquire Affinity for $142.8m
Fidelity BancShares has agreed to acquire all outstanding common stock of Affinity Bancshares in an all-cash deal valued at about $142.8m. This move will see Fidelity establish its presence in Georgia for the first time. Shareholders of Affinity will receive…