CBN to strictly regulate Nigeria’s fintech sector
The central bank is also identifying illegal fintech companies and bringing them under regulatory control...
Category : Fintech
Nigeria’s Lidya to disburse $1.1 bn as loans in Europe
After opening an office in New York, the startup expands into Poland and Czech Republic...
Saudi Arabia fintech HyperPay for MEA Expansion
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman...
Chinese startup XTransfer secures $15 mn funding for global expansion
The funding round led by eWTP Fund also included China Merchants Venture Capital, Yunqi Partners, and Gaorong Capital...
Saudi Arabia grants fintech permits for crowdfunding startups
The permits have been granted to Afaq, Buthoor Solidarity and Emkan Alarabiya Company...
Singapore faces human capital shortage in fintech sector
94% of employers in the fintech industry claim Singapore faces a talent shortage...
Fintech startups play a key role in Saudi Arabia’s Vision 2030
With regulatory, infrastructural, and talent challenges getting resolved, Saudi Arabia might be on the cusp of a fintech revolution...
DIFC registers over 100 new fintech startups since end-2018
Leading fintech companies have picked the centre as their preferred jurisdiction in the Middle East region...
Egypt central bank plans $50mn to $100 mn fintech fund
The Egyptian government will develop seven technological parks in Egypt for about $60.8million...
Nigerian startup Kuda raises $1.6 mn in pre-seed funding
The proceeds from the funding might be used for it to transition from beta to live launch of its online mobile finance platform...