Beacon unveils new digital wallet offering built for immigrants to Canada
Beacon’s new service will support bill payments, salary deposits, Interac e-Transfers, and more.
Financial Inclusion
News, intelligence and resources on the global fintech industry including topics such as financial inclusion.
Mexico’s Albo partners Paymentology to expand digital payment services
Albo plans to launch a new initiative with Mastercard to boost digital payments in Mexico.
Myanmar’s Wave Money taps Amdocs for Digital Financial Services platform
Wave Money’s WavePay digital wallet currently has over 11.5 million users.
Video: Experian at Money20/20 USA 2024 – Combining GenAI and rich data to drive innovation
Experian’s Scott Brown discusses how the company is utilising GenAI to deliver innovative new solutions.
Prodigy Finance inks $310m funding facility with US DFC for cross-border student loans
Prodigy previously sourced a $250 million facility with the DFC in 2020.
Ecobank teams up with Nium to enable cross-border payments across 35 African markets
The partnership will embed Nium’s real-time payments infrastructure into Ecobank’s banking operations.
Two US credit unions go live with Mahalo Banking’s Thoughtful Banking platform
Rocky Mountain Credit Union and UnitedOne Credit Union have gone live with the platform.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
Video: DailyPay at Money20/20 USA 2024 – The growing demand for earned wage access
FinTech Futures chats with Stacy Greiner, CEO of DailyPay, about the future of earned wage access.
Osigu raises $25m Series B and partners with Visa to streamline healthcare payments
Osigu has partnered with Visa to address healthcare payment challenges in LatAm and the Caribbean.
October 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in October.
New digital wallet Kuady launches in several LatAm markets powered by Mambu
The Kuady digital wallet has recently become available in Argentina, Chile, Mexico, and Peru.
October 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over October.
Nymbus and PeoplesBank partner to launch two employer-focused financial wellness solutions
Nymbus says the collaboration will target “the pressing need for improved financial wellness tools”.
October 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
FinTech Futures: Top five news stories of the week – 25 October 2024
Our pick of the top fintech news stories this week includes Afin Bank, Zip, Socure and more.
Sibos 2024: Real-time payments in focus with ACI Worldwide – video interview
Dive deep into the latest developments in real-time payments from across the globe with ACI Worldwide.
US fintech start-up CapWay shuts down
Founder Sheena Allen announced on LinkedIn that the start-up “is no longer an active business”.
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
This settlement is the DOJ’s first redlining resolution with a credit union.
Best Egg lands $500m purchase facility to expand personal loan product
The purchase facility builds on the company’s $225 million Series E round completed in March 2022.
Banking Technology Magazine October 2024 issue out now
Cover story: QUANTUM LEAP OF FAITH – Preparing for the advent of Q-Day.
JP Morgan to bolster community presence with planned hiring spree in US
Chase intends to use the hires to maintain community-level support across 48 of the 50 US states.
September 2024: Top five new launches of the month
FinTech Futures takes a look back at five of the top new product launches in September.
Scienaptic AI co-founder steps down to launch new venture, Algebrik AI
Algebrik AI, a new loan origination system, will commence deployments in Spring 2025.
The programmable money promise: potential advantages and opportunities at stake
Programmable money is a revolutionary concept poised to enhance monetary and financial systems.
Building a community from data
Behind every transaction is a human story, waiting for us to connect the dots.
Home equity fintech Unlock bags $30m Series B funding
The start-up has also secured a $250 million capital commitment from D2 to support its origination growth.
PayPal Ventures leads $15m Series A for Brazilian fintech Ume
The Sao Paulo-based credit platform has also secured a $20 million debt financing facility.
Crown Agents Bank partners Visa to power cross-border payments in emerging markets
CAB is integrating its FX network into the Visa Direct system via API.
Migrant-focused fintech Comun lands $21.5m Series A
The funds add to the $4.5 million seed round Comun raised in December.
Ohio’s first female-led bank Fortuna nears launch after raising $20.7m
Fortuna is aiming to soft launch in fall 2024.
Sendsprint acquires Nobel Financial to expand remittance services in the US
Scott McClain, Nobel Financial’s chief compliance officer, will also join Sendsprint in the same role.
Vantage West Credit Union introduces HUSTL, a new digital banking start-up for freelancers
HUSTL offers high-yield savings, interest-earning checking accounts, and certificates of deposit.
Native American-focused neobank Totem set to close down
The neobank claims to have accumulated over 500 customers since launching its app in 2023.
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
The US-based holding company says it has “set fourth its plans to list on the NYSE”.
Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO
Riccio has been tasked with overseeing “an even more intense drive to deliver results”.
Invisible threads: The unassuming tech powering our lives
With technology, success is always built on top of prior innovations and lessons learned.
Mexican fintech start-up OCN lands $86m Series A funding round to drive international expansion
OCN provides gig workers in Latin America and the US access to capital for car rentals.
ICYMI fintech funding round-up: Ximple, Hero, Curve, Chift and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
June 2024: Top five new fintech launches of the month
FinTech Futures takes a look back at five of the top new launches in June.
