Global fintech sector records 20% drop in investment in H12020Pritam BordoloiAugust 21, 2020 by Pritam BordoloiAugust 21, 2020 Fintechs raised $8.8 bn during the period... Read more
Indonesia-based BukuKas secures $9 mn pre-Series A fundingPritam BordoloiAugust 20, 2020 by Pritam BordoloiAugust 20, 2020 Investors that participated in its funding round include Sequoia India and Credit Saison... Read more
Number of fintechs in Saudi Arabia grew by 147% in the last two years: ReportsPritam BordoloiAugust 19, 2020 by Pritam BordoloiAugust 19, 2020 The number of smartphone payment transactions grew by 352% year-on-year to April 2020... Read more
Mastercard launches a new low-cost payments solution for SMEsPritam BordoloiAugust 12, 2020 by Pritam BordoloiAugust 12, 2020 The new service has been launched SmartPesa, a Mastercard SmartPath partner... Read more
UK-based fintech Wiserfunding launches in IndiaPritam BordoloiAugust 4, 2020August 5, 2020 by Pritam BordoloiAugust 4, 2020August 5, 2020 The startup launches its AI backed cloud-based credit risk assessment tool targeted for SMEs in India... Read more
Hong Kong-based fintech startup secures $20 mn fundingPritam BordoloiJuly 29, 2020July 29, 2020 by Pritam BordoloiJuly 29, 2020July 29, 2020 The funds will be used to accelerate its expansion plans... Read more
Review launched to support growth in the UK fintech sectorInternational Finance Business DeskJuly 28, 2020July 28, 2020 by International Finance Business DeskJuly 28, 2020July 28, 2020 The estimated worth of the UK fintech sector is £7 billion and employs around 60,000 people in the country... Read more
Saudi Payments partners with Japan’s JCB to enable the JCB paymentPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The partnership will enable local banks to accept JCB cards through their network of point-of-sale terminals... Read more
JP Morgan acquires minority stake in Brazilian fintech FitBankInternational Finance Business DeskJuly 27, 2020 by International Finance Business DeskJuly 27, 2020 FitBank was established in 2015 by industry veterans Rener Menezes and Otavio Farah... Read more
Vodacom, Alipay partner to launch super-app in South AfricaInternational Finance Business DeskJuly 21, 2020 by International Finance Business DeskJuly 21, 2020 The partnership seeks to introduce advanced mobile solutions to South African customers and merchants... Read more