Visa to invest $1bn in Africa to boost digital transformation
Visa says the move will enable “greater access” to digital payments in the region.
Financial Inclusion
MICT completes acquisition of African agri-fintech firm Tingo
MICT owns “100% of the operating business and assets” of Tingo after snapping up Tingo Mobile.
What the FinTech? | S.3 Episode 19 | Canada’s evolving banking landscape
In this episode, we’re joined by Amreen Sodhi, head of digital product, payments and loyalty at Scotiabank.
Collaboration and partnership will improve money movement for the unbanked
Digital platforms can be the glue to help facilitate collaboration, reduce friction and minimise distribution costs.
Getting banked: financial services and the US cannabis industry
We chat with Michael Beird of Infused Banking about how banking is changing for US cannabis businesses.
ICYMI fintech funding round-up: BondIT, Paywatch, 1fs Wealth and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Avant secures $250m in debt and equity from Ares Management
Avant CEO Matt Bochenek says the funds from Ares will “further fuel our credit portfolio and next-gen platform”.
US challenger bank Greenwood secures $45m funding
The latest round brings the total capital raised by the challenger to $88 million to date.
Fintechs Canada launches to drive innovation in the country’s fintech sector
The not-for-profit association is looking to work with policymakers in a “whole-of-government” approach.
ICYMI fintech funding round-up: Atoa, Djamo, Flourish, Hardbacon & Nine25
A handy round-up of this week’s fintech funding news from around the world.
The empathy deficit
As the cost of living continues to rise, what will banks do? What should they do?
Credit card financial inclusion fintech Mercury hires Jason Whiting as CFO
Whiting will join Mercury Financial from Barclays where he served as head of strategy for the Americas.
Evolution and revolution in global remittances
Flexible solutions for remittances are needed now more than ever to service evolving customer needs.
How blockchain technology is opening up fractional investing
Blockchain tech can power access to alternative assets such as art, real estate and wine.
Fintech Talents 2022: Where are we with open finance?
Speakers at the Fintech Talents Festival sat down to unpack the current state of play with open finance.
Hamsa: A new investment app for women, by women
Hamsa will offer a recurring investment product with regular payments, designed for women.
Video: DailyPay at Money20/20 USA – Boosting financial wellbeing with earned wage access
We chat with Jeanniey Walden, CMO at DailyPay, about the benefits of earned wage access.
Capital on Tap secures £100m credit facility to support SMEs
The facility will be used to build out a central finance hub for small business owners in the UK and US.
What the FinTech? | S.3 Episode 15 | Unleashing the potential of half the planet
In this episode of the podcast, we’re joined by Women’s World Banking CEO and president Mary Ellen Iskenderian.
Sibos 2022: Food, shelter, water – what does banking have to do with it?
Banks can play a crucial role in lifting people out of poverty.
Sibos 2022: “Skyscanner for money” – money as subscription service
In the future, we’ll all have our own “Skyscanner for money” working for us, believes VC Innovations’ Lisa Moyle.
Daily News at Sibos 2022
Download your free copy of the Daily News at Sibos publication today!
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
Merck commits $20m to CNote to support underserved communities in the US
The money will go to underserved communities in regions where Merck currently operates.
New “hybrid” banking app Dexy gears up for launch in the US
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
We chat with Ripple’s James Wallis about the rise of CBDCs and the future of blockchain.
New banking and insurance app Onuu goes live in the US
Founded in 2021, Onuu claims to have 600,000 members on its waitlist.
Banking app for “global citizens” Bankkit launches in UK
The app offers overseas bill payment functionality and an integrated current account.
“Care now, pay later”: medical care fintech Scratch raises $35m Series C
Scratch offers a payment model to help patients cover the cost of medical care.
How coopetition can boost financial inclusion in LatAm
An environment of coopetition between companies can further democratise access to financial services in LatAm.
The importance of card and mobile money interoperability in Africa
For the African fintech revolution to reach its true potential, interoperability needs to be completely borderless.
US fintech Kafene lands $18m in Series B funding
The new funding will be used to increase Kafene’s employee headcount and onboard more merchants onto its platform.
US digital bank for migrants Majority lands $37.5m Series B
Majority says it will deploy the new funds towards enhancing its suite of essential services.
Fintech Innovation Challenge looks for fintechs focused on low-income women’s market
Applications for the Fintech Innovation Challenge are open until 15 September 2022.
ICYMI fintech funding round-up: R2, NowNow and Hive Wealth
Our weekly fintech round-up for you to get the latest funding news from around the world.
Mexican fintech Clip lands $50m credit facility from top banks
The funding will be used to “improve financial access” for Mexican businesses.
Fintech and its impact on the agricultural sector
Fintech can help connect farmers with finance and boost financial inclusion.
Banking Technology Magazine September 2022 issue out now
Cover story: MONEY PUZZLE – Helping US arrivals get on track financially.
Banking Tech Awards USA 2022 Winners Supplement out now
People, projects & products that demonstrated stellar results, genuine innovation and had a tangible impact.
Web3 credit scoring start-up Spectral raises $23m
The firm leverages blockchain technology to calculate credit scores.
