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Keywords: Banking


Yakeey and Umnia Bank introduce iBuying to transform Morocco’s real estate market

Moroccan households often face a difficult dilemma when moving to a new home: selling their current property at the right price and time while securing their next purchase. In reality, selling within the desired timeframe is a major challenge, with long negotiations, canceled visits, and buyers who fail......

European fintech startup Zazu secures $1 million to expand in Morocco and South Africa

European fintech startup Zazu has raised $1 million in pre-seed funding to accelerate its expansion into Morocco and South Africa, with plans for a broader Africa-wide rollout starting in 2026. The company, founded in 2024 by former Solarisbank executives Rinse Jacobs and Germain Bahri, offers an all-in-one......

Al Barid Bank reports strong growth in Q3 2025 driven by inclusive and innovative model

Al Barid Bank has posted robust growth during the first nine months of 2025, reflecting the strength of its inclusive and innovative banking model. As of September 30, 2025, customer deposits reached 79.5 billion dirhams, up 6.6% compared to the previous year, with 37.9 billion dirhams in savings deposits,......

Brazil confronts rapid WhatsApp malware surge

Brazil is facing a fast moving malware campaign that uses WhatsApp to infiltrate devices and spread through trusted contacts. Security analysts report a coordinated operation that blends social engineering, automated propagation, and a sophisticated trojan capable of stealing banking and cryptocurrency......

Morocco’s banking liquidity deficit rises to MAD 144.6 billion in late October

The Moroccan banking system faced a deepening liquidity deficit during the final week of October, with the gap widening by 5.19% to reach MAD 144.6 billion, according to BMCE Global Research’s “Fixed Income Weekly” report. This increase reflects the cautious approach taken by Bank Al-Maghrib......

SoFi reports record Q3 revenue and raises full-year outlook

SoFi Technologies delivered exceptional third-quarter 2025 results, posting a record adjusted net revenue of $950 million, far exceeding analysts’ expectations. The fintech company also raised its full-year guidance for the second time this year, reflecting strong momentum in digital banking as......

Connected Banking Summit 2025 to explore the digital future of Saudi finance

The International Centre for Strategic Alliances (ICSA) has announced the 22nd edition of the Connected Banking Summit – Innovation & Excellence Awards 2025, set to take place in Riyadh on November 4. Themed “Empowering the Future of Banking in the Kingdom: Innovation, Transformation,......

Digital bank Revolut eyes Morocco amid Bank Al-Maghrib caution

British digital bank Revolut has expressed interest in entering the Moroccan market, a move confirmed by Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Tuesday. The announcement followed BAM’s third quarterly board meeting of 2025 in Rabat. Jouahri revealed that Revolut executives met with......

The overseas bank accounts you can open from Spain: diversify your savings and maximize returns

If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......