Nigeria enters mobile banking era with MTN’s payments licenceInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The Central Bank of Nigeria has granted a licence to a subsidiary of MTN Nigeria to provide financial services... Read more
Ant Financial backed Indonesian fintech Dana looking for new investorsInternational Finance DeskJuly 29, 2019December 23, 2019 by International Finance DeskJuly 29, 2019December 23, 2019 Dana is the only Indonesian startup in which Jack Ma’s Ant Financial has taken a stake... Read more
Japan for cryptocurrency SWIFT network to fight money launderingInternational Finance DeskJuly 18, 2019December 23, 2019 by International Finance DeskJuly 18, 2019December 23, 2019 The Japanese government is cooperating with FATF and other nations for the cryptocurrency payments network initiative... Read more
OPay to use $50 mn funding to boost fintech and Nigerian businessesInternational Finance DeskJuly 11, 2019December 17, 2019 by International Finance DeskJuly 11, 2019December 17, 2019 Lead investors in the startup's funding round include IDG, Sequoia China, and Source Code... Read more
KCB Bank Kenya commits Sh10 mn for ‘fintech in the Savannah’International Finance DeskJuly 9, 2019December 23, 2019 by International Finance DeskJuly 9, 2019December 23, 2019 Next week’s Afro-Asia Fintech Festival is hosted by the Central Bank of Kenya and the Monetary Authority of Singapore... Read more
UK digital bank Monzo to fight for US market share after £2 bn valuationInternational Finance DeskJune 26, 2019 by International Finance DeskJune 26, 2019 Monzo raises £113 million in a fresh round of funding, doubles its customer base to two million... Read more
Now Razer allies with Visa for Southeast Asia payments innovationInternational Finance DeskJune 24, 2019 by International Finance DeskJune 24, 2019 The value proposition of the Razer-Visa fintech solution is that users need not have a bank account... Read more
Saudi Arabia’s central bank licences 14 new fintech startupsInternational Finance DeskJune 3, 2019 by International Finance DeskJune 3, 2019 The newly licenced fintech startups are lending startups or payments startups... Read more
New South Korean digital banks: applications by two consortia rejectedInternational Finance DeskMay 27, 2019November 14, 2019 by International Finance DeskMay 27, 2019November 14, 2019 External evaluators found the applications led by fintech Viva Republica and brokerage Kiwoom inadequate... Read more
Startup Chile invites women founders to apply for pre-acceleratorInternational Finance DeskMay 23, 2019November 14, 2019 by International Finance DeskMay 23, 2019November 14, 2019 Women startup founders will receive $25K equity-free funding, a year-long work visa, and free co-working space... Read more