Egypt’s Banque Misr lands $160m from the African Development Bank to finance SMEs
The loan consists of a $130m credit facility and $30m from the Africa Growing Together Fund (AGTF).
The loan consists of a $130m credit facility and $30m from the Africa Growing Together Fund (AGTF).
We chat with Inscribe’s Ronan Burke about the benefits of KYC/KYB and underwriting automation.
Checkout.com says it will “simplify and modernise” payment infrastructure across Sainsbury’s business.
SurePrep is expected to generate approximately $60 million of revenue in 2022.
MacLeod joined the bank in February 2020 following a three-year stint at Nordea.
Camilleri brings “significant expertise and a wealth of front-office experience” to his new role.
Hamsa will offer a recurring investment product with regular payments, designed for women.
The solution is currently in the pilot stage with a rollout expected sometime in 2023.
AT FNPL, Gionis will be tasked with expanding the product offering at the firm, building out its R&D arm.
The firm says it will use the fresh funding to enhance its platform and fuel its growth.
Financial institutions will analyse the technical, operational and business implications of a digital euro.
The regulatory authority also says that the bank acted outside the scope of its DFSA licence.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Blnk’s lending platform enables merchants to underwrite and finance customers’ purchases at the point of sale.
Learn how to harness the power of data to drive continuous innovation.
Now is the time to build the skills and infrastructure to make AI a successful part of that future.
A handy round-up of this week’s fintech funding news from around the world.
Mendel will use the new funds to boost the growth of its corporate expense management platform.
TRM will use the cash to invest in product development and new hires to meet growing demand for its services.
We chat with Jeanniey Walden, CMO at DailyPay, about the benefits of earned wage access.
Temenos Infinity will allow Sacombank to acquire, retain and cross-sell to customers across multiple channels.
iBanFirst says Fenergo’s tech will allow it to offer “faster and more effective” digital customer onboarding.
According to Sky News, Railsr is discussing a number of strategic options with FT Partners.
In a tweet, Binance says “we have decided that we will not pursue the potential acquisition of FTX.com”.
The CFIT will be chaired by Charlotte Crosswell, a former CEO of both Innovate Finance and Nasdaq NLX.
Thomas Warsop, former non-executive chair of ACI’s board of directors, has been named interim CEO.
MeridianLink says the deal will enable their customers “to deliver fast, frictionless mortgage lending experiences”.
FTX’s CEO wrote on Twitter that a “strategic transaction” has been hashed out with Binance, pending due diligence.
The challenger says it chose Mambu’s API-led cloud platform to achieve a “faster” time to market.
The solution will provide the bank’s SME clients with data-driven insights and forecasting capabilities.
BNP Paribas’ solutions will be connected to ABN Amro via the BlackRock Aladdin platform.
The Series B follows Ramp’s $52.7 million Series A round in December 2021.
The start-up provides Brazilian farmers access to credit through a mobile-first platform.
The merger will boost Finom’s UK and European expansion plans.
Ampla says the acquisition will open up a B2B BNPL market that is worth an estimated $1 trillion.
Mangopay’s CEO says Benchetrit’s appointment will be “game changing” for the company’s growth.
The challenges and upsides of implementing efficient, scalable, and secure payment operations processes.
With the partnership, Worldline aims to leverage Banco Desio’s network to expand its presence in Italy.
Spencer most recently served as chief technology officer (CTO) at Anywhere Real Estate (formerly Realogy).
The new funding brings the total capital raised by Yassir to around $193 million since launch.