Africa uses mobile money to curb the spread of the coronavirus
Safaricom removed all fees from its mobile-money platform, M-Pesa...
Category : Fintech
Mubadala acquires a 3.4% stake in UK fintech Finablr
The acquisition is made MIC Capital Partners, a fund owned by Mubadala Investment Company...
Egyptian fintech Khazna secures funding from Algebra Ventures
The startup will provide its services to 20 mn Egyptians who have access to a mobile phone but no access to financial services...
Visa, Nigerian fintech Paga to enhance digital payments across Africa
Visa’s partnership with Paga does not involve investment — and is strategically aimed at expansion across the continent...
MTN Nigeria adds 108,000 agents to its mobile money network
The network served one million customers in its first four months...
Fintech investment in UK reaches $48.5 bn in 2019
83% of the fintech deals in Europe took place in the UK...
South African fintech Jumo raises $55 million in Goldman-led funding
The proceeds of the funding will be used to expand its operations into new markets and launch new products...
British fintech Revolut secures $500 mn funding to fuel expansion
The UK startup digital bank is now valued at $5.5 bn...
Global fintech deals fall by 4% as China suffers
3,472 fintech deals were recorded with a total value of $53.3 bn in 2019...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...