TAB Finance signs for Oradian’s cloud-based core banking system
Oradian is a Software-as-a-Service (SaaS) banking technology provider based in Croatia.
Microfinance
Core banking tech developer Riby secures funding from Microtraction
Riby has developed a cloud-based core banking system for African co-ops and credit unions.
Auka launches Settle for cross-European payments
Bringing the Nordic model to Europe.
Freetrade set sails for early access roll-out
Founded by André Mohamed and Adam Dodds.
Wahed Invest obtains $8m from existing investors
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
Tez Financial Services lands $1.1m investment
The first fully digital non-bank microfinance company in Pakistan.
VisionFund International to standardise core banking tech with Musoni
VisionFund Myanmar will be the first site in the Musoni’s tech roll-out across VFI.
A three-fold approach to successfully digitising a microfinance business
MFIs must “go digital” to thrive, but what steps they have to take to achieve this?
Webinar: Reimagining banking’s role in a micro-enterprise economy
Join us for a live webinar on Wednesday, 26 September!
Micro-lending case study: Mynt
Philippines’ largest telco moves into micro-lending space.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Free financial advice service Multiply secures £1.75m investment
Multiply is ready to take off spurred by £1.75m investment.
TD launches TD Ready Challenge to open industry to humanitarian initiatives
Canada’s TD bank opens its Ready Challenge to “world-changing” solutions.
Ant Financial teams with IFAD for rural economy development
Partnership aims to reduce rural poverty in China and other developing countries.
U Microfinance Bank in treasury tech revamp with Autosoft Dynamics
Pakistan bank has signed for the Adams system.
Banking Technology April 2018 issue out now
You sought symmetry. And fintech came to you.
SAB lands new core banking tech deal in West Africa
The Confédération des Institutions Financières d’Afrique de l’Ouest (CIF) in tech revamp with SAB.
Ant Financial invests $184.5m in Telenor Microfinance Bank
Ant Financial now owns a 45% stake in Pakistan’s Telenor Microfinance Bank (TNB).
Interview: Caren Robb, Letshego – look on the bright side
Creating inclusive banking for remote communities.
TransferTo and Fern Software get UN funding for payments push
Cross-border mobile payments network TransferTo and banking software provider Fern Software have both been awarded a grant as a part of the United Nations Capital Development’s Shaping Inclusive Finance Transformation (Shift) Challenge Fund, reports Julie Muhn at Finovate (Banking Technology’s sister company). The goal of the fund is to use remittances to improve the economic power of women […]
Utkarsh Small Finance Bank goes live with Intellect’s core banking system
Utkarsh Small Finance Bank, a microfinance institution in India, has rolled out Intellect Design Arena’s core banking system. The bank received its licence last year, and according to Intellect, one of the key requirements for Utkarsh was to have a joint liability group solution that would enable it to provide group loans to the microfinance […]
Credo Bank completes Temenos T24 core banking system upgrade
Credo Bank, a Georgia-based bank providing sustainable financial services for micro businesses and SMEs, has moved to the latest version of Temenos’ T24 core banking system.
Kenya leads Africa in financial inclusion innovation
Kenya is leading the way when it comes to digital innovation for financial inclusion in Africa, according to research by the Consultative Group to Assist the Poor (CGAP). Earlier this year, CGAP says it invited firms and organisations to submit proposals for digital innovations they believe have the most potential to advance financial inclusion in […]
Atlas Finance signs for Nucleus Software’s lendtech
Atlas Finance, a microfinance lender in South Africa, has signed for Nucleus Lending Analytics from India-based lendtech vendor Nucleus Software.
New core banking system for Nigeria’s microfinance banks
Inlaks, a banking software provider in Nigeria and West Africa, has built a core banking solution together with the Central Bank of Nigeria (CBN) for the country’s microfinance sector.
Ruby Hill Microfinance opts for Abacus core banking system
A new microfinance entity in Myanmar, Ruby Hill Microfinance, has signed for the Abacus core banking system, provided by Fern Software.
Microcred looks ahead with BankBI business intelligence software
Microfinance entity Microcred has chosen BankBI’s business intelligence software applications as part of its move into retail banking. As reported last year, Microcred said it plans to become a fully-fledged retail bank and grow its presence from nine to 17 countries by 2020. It has opted to keep its long-standing technology provider, Temenos, and upgrade […]
Innotribe unveils ten start-ups for Africa challenge
Innotribe, Swift’s innovation arm, has named the ten firms who will compete in its Start-up Challenge Africa. The start-ups will pitch their products in Abidjan, Ivory Coast, on 17 May 2017 during Swift’s African Regional Conference. Innotribe evaluated close to 100 applications received for the third edition of the Startup Challenge in Africa. The applications […]
BIM, Peru’s first mobile money wallet: lessons learnt
Peruvian mobile wallet BIM, described as “the world’s first fully-interoperable national mobile money platform”, will launch new services in H2 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings and loans, and micro-insurance.
Singapore regulator and UN team up for ASEAN financial inclusion
The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) have teamed up to improve access to digital financial services in the ASEAN region. The partnership is under the ongoing UNCDF’s Shift (Shaping Inclusive Finance Transformations) programme for development in this part of the world. Sopnendu Mohanty, chief fintech officer, MAS, […]
Khushhali Microfinance Bank in tech revamp with Temenos and NDC
Pakistan-based Khushhali Microfinance Bank is to overhaul its technology with Temenos. The project will be delivered by National Data Consultants (NDC), Temenos’ partner and integrator in the region.
New loan origination system for Mobilink Microfinance Bank
Pakistan-based Mobilink Microfinance Bank (MMBL, formerly Waseela Microfinance Bank) is implementing a new loan origination system, supplied by Path Solutions.
Mfinance concludes integration platform tender
Kenya-based banking tech provider and integrator NLS Banking Solutions has won the bid to supply an integration platform to Madison Finance Company (Mfinance) in Zambia.
Bank of Baroda launches fellowship programme to support fintech start-ups
Bank of Baroda, a public sector bank in India, has launched a fellowship programme to support fintech, rural, agricultural and financial inclusion start-ups.
DFS Innovation Lab launches fintech bootcamp
Powered by the Bill and Melinda Gates Foundation, the Digital Financial Services (DFS) Innovation Lab has launched a new high-intensity fintech bootcamp for companies in Sub-Saharan Africa and and South Asia.
Centenary Bank live with new core banking system, Profits
Centenary Bank in Uganda has gone live with a new core banking platform, Profits, supplied by Intrasoft International.
Top ten fintech features in 2016
Look back at some of the top-read feature articles on all matters fintech published by Banking Technology in 2016.
New banking platform for MFIs in Nepal
34 microfinance entities in Nepal have joined forces to set up a fintech company – Nepal Finsoft – to build and maintain a shared core banking platform.
Mambu plans to onboard 50 new clients by year-end
Fintech vendor Mambu says it has added 25 new clients to its portfolio this year and is set to double this figure by the end of 2016. It will also more than double the size of its team by the year-end. “All [of Mambu’s new customers] are focused on servicing consumers and businesses poorly reached by […]
VisionFund International opts for BankBI’s business intelligence solution
VisionFund International (VFI), the microfinance arm of World Vision, has selected BankBI’s cloud-based business intelligence and analytics solution. The Microsoft Azure-deployed solution will be used in 32 countries. VFI plans to centralise its data management and reporting efforts across its operational, social performance and financial data, as it wants to “capitalise” on opportunities in rural […]
