MultiChoice partners Rapyd to launch new payments platform in Africa
The new platform, called Moment, will offer an expanded payment infrastructure for African businesses.
Start-up
Crypto app Tap Global appoints David Hunter as chairman
Tap Global aims to reach £4.2 million of revenue by mid-2024.
ICYMI fintech funding round-up: Ballerine, Trébol & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Core banking tech challenger Tuum hires global partnerships VP
Jean Souto moves from Feedzai, where he led the fintech’s global partnerships for a year.
LatAm fintech start-up Kiwi secures $80m in funding
With the funding, Kiwi plans to introduce new products and reach more customers across US and Latin America.
Swedish fintech Qred lands full banking licence
Qred operates an AI-led financing platform to offer loans, credit cards and factoring for small businesses.
Rammis Bank live with iMAL core banking system from Azentio
Phase one of the implementation project at Rammis Bank was completed in 30 days.
New CEO of Pipe builds “fintech dream team”
Pipe makes new hires across technology, innovation, product, risk, and operations.
US LGBTQ+ neobank Daylight to close down
The final day of Daylight’s banking operations will be 30 June.
Ex-NatWest exec Julie Ashmore joins lendtech Muse Finance as COO
Julie Ashmore moves to Muse Finance from NatWest Rapid Cash where she was CEO.
Sonata Bank taps Plinqit to help restaurant workers meet savings goals
Through the partnership, Sonata will provide customers with ways to save and plan for future financial needs.
Singapore’s Whampoa Group selects Bahrain as HQ for new digital bank
Launching end of 2023, the new digital bank aims to support the adoption of digital assets worldwide.
San Francisco fintech Cardless secures $75m credit facility from i80 Group
The debt facility will provide Cardless “flexibility” to meet growing demand for co-branded credit card products.
Bank of America launches new accelerator programme for fintech start-ups
The programme aims to help entrepreneurs from underrepresented communities scale-up their businesses.
Financial health app VeraScore names Scott Waldron as new president
In his new role, Waldron will lead VeraScore’s business development and customer acquisition strategies.
Core banking tech challenger Tuum appoints new CEO, eyes global expansion
Myles Bertrand was previously managing director, APAC, at Tuum’s rival, Mambu.
North East Small Finance Bank migrates to new core, Turing CBS from M2P
Turing CBS is understood to have replaced FIS’ Profile core banking system at NESFB.
Open finance specialist Fabrick acquires UK paytech Judopay
Fabrick says the deal is “a major step forward in its internationalisation process and expansion in the UK”.
Norwegian paytech EedenBull names Eilin Schjetne as CEO
As CEO, Schjetne aims to scale the firm in a bid to make EedenBull Norway’s first fintech unicorn.
Copper.co names Stephen Strickland as chief compliance officer
Strickland joins Copper from Elements Digital where he was chief compliance officer.
Procurement fintech Zip secures $100m Series C funding at $1.5bn valuation
Founded in 2020, Zip helps companies streamline B2B purchasing and manage business spend.
ZestMoney founders step down following failed acquisition by PhonePe
Lizzie Chapman, Ashish Anantharaman, and Priya Sharma are all set to leave the company.
Cartoon: Changed circumstances
A new cartoon illustrating the journey that once high-flying tech unicorns are facing in the current climate.
Join the elite panel of judges for Banking Tech Awards 2023
Apply to become a judge for the Banking Tech Awards 2023!
ICYMI fintech funding round-up: Firmbase, ThreatFabric, Viceversa and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US fintech 8fig secures $140m in equity and debt financing
8fig will use the latest funding to continue investing in small and medium-sized e-commerce businesses.
US credit card start-up Petal bags $35m in fresh funding, spins out Prism Data
The new investment will be split between Petal and Prism Data as the businesses look to scale.
Kenya’s Fingo partners with Ecobank to launch neobanking app
The app aims to boost financial inclusion for young people in Kenya.
Germany’s Unstoppable Finance to build Europe’s first DeFi bank
The fintech firm also plans to issue a fiat-backed euro stablecoin.
FinTech & InsurTech Digital Congress: The Great Market Purge – how to survive and stay on top
FinTech & InsurTech Digital Congress will be held on 17-18 May 2023 in Warsaw, Poland.
Patient billing platform Inbox Health lands $22.5m Series B
With the funding, Inbox Health plans on accelerating its growth by reaching out to more patients.
Online banking start-up Slash launches from stealth with $19m in funding
Slash claims over 20,000 entrepreneurs have signed up to its platform.
Cartoon: Hotel California
A new cartoon illustrating the challenge start-ups are facing to find exits.
LatAm paytech start-up Liquido launches from stealth with $26m in funding
The firm says its payments infrastructure will “modernise and democratise” digital payments for LatAm businesses.
ICYMI fintech funding round-up: Kiwi, Green-Got, Moonsense & more
Our weekly round-up for you to get the latest fintech funding news from around the world.
Banking on SMBs: How Rauva aims to bridge the business app gap in Portugal
FinTech Futures speaks with Rauva founder Jon Fath about the company’s launch and future plans.
Egypt’s Taly taps BPC to power digital payment services
Taly aims to broaden financial inclusion and boost digitalisation in the country.
US digital banking platform Greenwood acquires neobank Kinly
The acquisition marks Greenwood’s third over the last year.
Tarabut Gateway lands $32m in Series A funding
With the new funding, the Dubai-based firm plans to expand its footprint in Saudi Arabia.
Nigerian paytech Nomba raises $30m in pre-Series B round
The start-up will use the funding to expand in Nigeria and across other African markets.
