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Detailed stories on technology startups, business and economic current affairs.
Regulatory curbs have forced Open Financial Technologies to shed some of its core neobanking offerings and focus on growing as a SaaS fintech. But success in this segment won’t come easy.

Billionaire Mohamed Alabbar goes for the Indian Ocean archipelago, India’s PhonePe gets UAE approval, and other updates from the week.
Europe’s largest fintech firm has its sights set on the Emirates. What can we expect?
An NBFC licence and a string of approvals give the fintech firm a fresh shot at relevance. But patchy execution, intense competition and a stagnant core cast doubt on whether it can capitalize on the opportunity.