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...
Category : Fintech
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%...
Brexit sees German fintech N26 exit UK business
The neobank will close down all accounts on April 15...
Thailand to introduce QR code for cross-border payments in Asean
Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020...
Nigerian fintech startups attracted $122 mn in funding in 2019
Total funding accumulated by fintechs fell by 21.8% year-on-year...
StanChart and Bahrain Fintech Bay to nurture fintechs
The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs...
Nigerian fintech Paga acquires Apposit to fuel expansion
The fintech raised $10 mn last year and announced its plan to expand globally...
GrabPay’s active users increase by 50% amid digitalisation push
New users have increased since the launch of the e-Tunai Rakyat initiative by the government...
JP Morgan, UK Aid invest $15 million in Catalyst Fund
Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years...
PayU to build full-stack digital lending platform in India
The parent company will merge LazyPay and PaySense to ensure quick credit for the underserved market in the country...