
Business
Fed Raises Key Rate for First Time in Three Years, Pressuring Fintech
The Fed lifted rates to 3.75%-4%, its first increase in three years, putting fintech, crypto, payments and tech stocks under pressure.
Editorial Team · Sep 17, 2026

The Fed lifted rates to 3.75%-4%, its first increase in three years, putting fintech, crypto, payments and tech stocks under pressure.

Recent rebel attacks in DR Congo’s Ituri province have caused significant casualties and highlight challenges to fintech growth and digital infrastructure development in the region.

Uzbek banks, led by Octobank and National Bank, saw over 30% deposit growth in early 2026, driven by corporate deposits and digital banking adoption.