Three quarter of smaller UK fintechs face cash crunchInternational Finance Business DeskJuly 13, 2020July 14, 2020 by International Finance Business DeskJuly 13, 2020July 14, 2020 A few fintechs are considering to diversify their revenue, while one-tenth plan to wind up their business... Read more
UK fintech startup Nude has secured £3.3 mn fundingPritam BordoloiJuly 9, 2020 by Pritam BordoloiJuly 9, 2020 The startup will use the funds upgrade its savings... Read more
South African fintech Franc raises $300,000 in seed fundingInternational Finance Business DeskJuly 7, 2020July 7, 2020 by International Finance Business DeskJuly 7, 2020July 7, 2020 The funds raised are a part of its major round of seed investment... Read more
AMTD to acquire a controlling stake in Singapore’s Fomo PayPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 AMTD will complete the acquisition through a share swap and cash deal... Read more
Wirecard granted permission to resume banking operations in the UKInternational Finance Business DeskJuly 2, 2020 by International Finance Business DeskJuly 2, 2020 Recently, financial regulators lifted restrictions on the German payments company mired in a scandal... Read more
MFS Africa acquires Beyonic to bridge digital payments for African SMEsInternational Finance Business DeskJune 30, 2020June 30, 2020 by International Finance Business DeskJune 30, 2020June 30, 2020 Beyonic is a digital payments management provider for SMEs and fintechs across Africa... Read more
African fintech Chipper Cash raises $13.8 mn in series AInternational Finance Business DeskJune 25, 2020 by International Finance Business DeskJune 25, 2020 The funding was led by Deciens Capital and Raptor Group, in addition to 500 Startups and Liquid 2 Ventures participating in the round... Read more
UAE sees surge in digital payments amid the pandemic: StudyPritam BordoloiJune 24, 2020June 24, 2020 by Pritam BordoloiJune 24, 2020June 24, 2020 A survey conducted by Visa revealed that 71% of consumers reported increased use of digital payments... Read more
82% of MidEast banking customers are open to fintech solutions: StudyPritam BordoloiJune 23, 2020 by Pritam BordoloiJune 23, 2020 The study found that of the 18% unwilling to use fintech, 40% cited security and privacy as their biggest concerns... Read more
Thai fintech Synqa secures $80 mn funding to enhance its techPritam BordoloiJune 23, 2020 by Pritam BordoloiJune 23, 2020 The funding round was led by Siam Commercial Bank's venture capital subsidiary SCB 10X and Sparx Group... Read more