Brexit sees German fintech N26 exit UK businessPritam BordoloiFebruary 13, 2020February 13, 2020 by Pritam BordoloiFebruary 13, 2020February 13, 2020 The neobank will close down all accounts on April 15... Read more
Thailand to introduce QR code for cross-border payments in AseanPritam BordoloiFebruary 12, 2020February 12, 2020 by Pritam BordoloiFebruary 12, 2020February 12, 2020 Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020... Read more
Nigerian fintech startups attracted $122 mn in funding in 2019Pritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 Total funding accumulated by fintechs fell by 21.8% year-on-year... Read more
StanChart and Bahrain Fintech Bay to nurture fintechsPritam BordoloiJanuary 28, 2020 by Pritam BordoloiJanuary 28, 2020 The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs... Read more
Nigerian fintech Paga acquires Apposit to fuel expansionPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The fintech raised $10 mn last year and announced its plan to expand globally... Read more
GrabPay’s active users increase by 50% amid digitalisation pushPritam BordoloiJanuary 24, 2020January 24, 2020 by Pritam BordoloiJanuary 24, 2020January 24, 2020 New users have increased since the launch of the e-Tunai Rakyat initiative by the government... Read more
JP Morgan, UK Aid invest $15 million in Catalyst FundInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years... Read more
PayU to build full-stack digital lending platform in IndiaInternational FinanceJanuary 15, 2020January 16, 2020 by International FinanceJanuary 15, 2020January 16, 2020 The parent company will merge LazyPay and PaySense to ensure quick credit for the underserved market in the country... Read more
UOB’s private equity unit co-leads S$42.2 mn funding of Thai fintechInternational FinanceJanuary 10, 2020 by International FinanceJanuary 10, 2020 UOB was among the top three investors in the funding round for Lightnet... Read more
Ant Financial acquires ‘significant’ stake in Vietnam’s eMonkeyPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam... Read more