Disrupts is a cutting-edge media platform delivering the latest news, insights, and stories that shape the global tech ecosystem.
HSBC and IBM Demonstrate Quantum Computing Advantage in Bond Trading
HSBC and IBM show how quantum computing can improve corporate bond trading, achieving a 34% better prediction of trade fills compared to classical methods, marking a world-first application of quantum technology in financial services.
PayPal Commits $100M to Accelerate Digital Commerce in MENA
PayPal pledges $100 million across the Middle East and Africa to fuel innovation, support startups, and expand digital commerce. The investment leverages PayPal Ventures, technology, and partnerships to help businesses scale and access global markets.
Revolut Commits £3B to UK with New Global HQ and 1,000 Jobs
Revolut unveils its new London global HQ, pledging £3B investment and 1,000 UK jobs. Part of a £10B global growth plan, the fintech giant targets 100M customers by 2027 and expansion into 30+ new markets by 2030.
Bybit Launches DFSA-Approved Tokenised Money Market Fund as Collateral
Bybit partners with QNB and DMZ Finance to introduce QCDT, the first DFSA-approved tokenised money market fund, unlocking $1B institutional borrowing capacity and bridging traditional finance with digital assets in the Middle East.
dLocal Partners with Bolt to Expand Ridesharing in Emerging Markets
dLocal teams up with Bolt to streamline local payments across Africa, Latin America, and Asia. The partnership uses dLocal’s single API to enable cost-efficient, reliable payment solutions, supporting drivers, riders, and Bolt’s expansion into emerging markets.
Tamara Secures $2.4B Asset-Backed Facility to Boost Regional Expansion
Saudi fintech unicorn Tamara raises up to $2.4B in the region’s largest asset-backed facility, refinancing prior debt and supporting new credit and payment products, accelerating growth, and aligning with KSA’s Vision 2030 and financial sector goals.