Western Union, Bharti Airtel to launch cross-border payment in Africa
The real-time cross-border payment service will drive financial inclusion across the continent...
Category : Finance
South Africa reduces cheque limits to boost the use of B2B epayments
Checks can be written below $3,500 to encourage businesses to utilise more epayment options...
Eastspring completes buyout of Thai mutual fund firm Thanachart
Eastspring emerges as Thailand’s fourth biggest asset manager with a market share of 12 percent and overall assets under management of THB653 billion....
Saudi Arabia’s $1.07 bn Jada fund of funds to support SMEs, startups
Saudi Arabia’s Public Investment fund has launched Jada to invest in venture capital funds, private equity funds and to support SMEs...
Qi Card transforms Iraq’s financial system using electronic payments
Qi Card aims to provide identity management to government and citizens in a fast and secure manner...
UOB, DBS lend $945 mn green loan to Allianz, Gaw
Singapore banks along with Standard Chartered will finance both companies’ $1.575 billion joint acquisition of Duo Tower and Duo Galleria...
Alibaba’s Ant Financial to raise $1 bn to invest in SE Asia
The fund will invest in payments and fintech startups in Southeast Asia and India...
UAE’s new insolvency law to protect individuals mired in debt
The new insolvency law will enhance the country’s competitiveness in the ease of doing business...
Standard Chartered ups SME play in Singapore to fight fintechs
Sage CashView reporting tool enables enterprises to simplify SME loan applications and review real-time data...
Bahrain government epayments increase by 29% in third quarter
445, 000 financial transactions were carried out during the period which amount to $121.25 mn...