Latest FinTech & Blockchain News
Capital One to Acquire Brex for $5.15 Billion
Capital One Financial Corporation has agreed to acquire Brex, a corporate card and expense management fintech, in a $5.15 billion stock and cash deal. Brex’s AI-native platform for cards, expenses, and bill payments will integrate into Capital One’s ecosystem, with founder Pedro Franceschi leading the unit to expand in B2B payments. This accelerates Capital One’s B2B market growth using Brex’s technology stack.
Flutterwave Launches Stablecoin Wallets with Turnkey and Nuvion
Flutterwave partnered with Turnkey and Nuvion to offer secure stablecoin balances in USDC and USDT for merchants and users, alongside fiat like USD and NGN. Initially for select merchants, it aims to cut costs and speed cross-border payments in Africa. The move positions stablecoins as key for Africa’s financial connectivity amid growing global adoption.
Riyad Bank’s Jeel and Ripple Launch Blockchain Sandbox in Saudi Arabia
Riyad Bank’s innovation arm Jeel partnered with Ripple for a sandbox to test blockchain payments, maturing bank testing of the technology. It focuses on cross-border inefficiencies like delays and fees, embedding compliance from the start. This reflects banks prioritizing regulated integration over speculation for scalable infrastructure.
DeFi Maturity Accelerates with Institutional Inflows and Tokenization
DeFi platforms show top 50 holding over $1B TVL each, with Coinbase at $500B and Robinhood at $300B, closing the gap with TradFi. Stablecoin issuers like Stripe and Circle launched Layer 1 blockchains; Moody’s entered with confidence in stablecoins. The Block’s 2026 Outlook notes growing institutional capital but warns of systemic risks needing better management.
ADGM Proposes Crypto Mining Guidance and Licensing Framework
ADGM Registration Authority issued Discussion Paper No. 1 of 2026 seeking feedback on crypto mining regulations, applying to PoW, PoS, and future mechanisms. It introduces commercial licensing, governance standards like ownership disclosure, and risk-based oversight. Entities can respond until March 20, 2026, to promote innovation with strong controls.
US Marshals Service Investigates Possible Crypto Hack of Government Wallets
The US Marshals Service is probing a potential hack of government digital-asset accounts holding seized cryptocurrencies. Concerns arose from ZachXBT’s onchain analysis claiming $60M stolen from seizure addresses in late 2025. This follows 2025’s $3.4B in crypto thefts amid the new Strategic Bitcoin Reserve.
Paga Partners with PayPal
African fintech Paga has partnered with PayPal, enhancing global payment capabilities as highlighted in recent FinTech updates. This collaboration supports expansion in cross-border services for African markets. Details focus on integrating PayPal’s reach with Paga’s local expertise.
Lendable Raises $300 Million in Funding
Fintech lender Lendable secured $300 million in new funding, bolstering its position in emerging markets lending. The raise underscores investor confidence in scalable credit platforms amid global FinTech growth. It aligns with trends in B2B and alternative financing.
FOS Ruling Spotlights Crypto and Gambling Links in UK FinTech
A Financial Ombudsman Service ruling on Revolut highlights regulatory scrutiny of cryptocurrency use in UK gambling. It raises concerns over fintech platforms facilitating crypto-gambling ties. This could influence future policies on crypto in consumer finance.
Digital Euro Conference 2026 to Focus on CBDCs and Stablecoins
The Digital Euro Conference in Frankfurt on March 26, 2026, will explore CBDCs, stablecoins, and commercial bank tokens’ future. It gathers experts on the evolution of digital money infrastructures. Discussions aim to address regulatory and tech integration challenges.
Moody’s Enters Stablecoin Market Amid Regulatory Convergence
Moody’s 2026 Outlook emphasizes blockchain blurring finance boundaries, with global regs like MiCA and US proposals boosting stablecoins. Multiple firms announced stablecoin launches post-GENIUS Act; BlackRock preps tokenization. This signals growing institutional confidence in on-chain assets.