African payments fintech startup Chipper Cash raises $2.4 mn
Chipper Cash settles money transfers across Africa in real time - a key value proposition for the fintech startup
Kenyan startup funding rises 136% in 2018, outpacing Nigeria, SA
Nigeria attracted $306 mn over 26 deals while South Africa slowed with $250 mn in startup funding over 37 deals
Fintech and the future of Africa explained
Seven of the world’s 20 fastest-growing economies are African, and the continent’s total GDP is forecast to double between 2015 and 2030
Fintech startups witnessed highest investment levels in 2018: Hampleton report
Nearly 189 transactions with $50bn valuation was recorded in the first half; and 160 transactions with a disclosed value of $13bn was noted in the second half of the year
Scotland’s ‘Fintech Skills Academy’ pilot becomes a successful initiative
The pilot of Scotland’s new Fintech Skills Academy initiative, announced in September last year, has been hailed as a success. An ‘Introduction to the Retail Card Payments Business’, run in collaboration between Dunfermline payment specialist Renovite Technologies and Fife College, concluded recently
Revolut obtains European banking license
Central bank of the Republic of Lithuania, Bank of Lithuania gave the regulatory approval for Revolut to operate through the EU
APEXX brings in industry veteran to drive global expansion
APEXX’s platform already saves merchants upwards of 15% on the cost of processing credit or debit card payments and alternative payments
Singapore grants first accelerated patent for fintechs
“Singapore already has all the ingredients for a vibrant innovation ecosystem," says Daren Tang, chief executive of IPOS
QRPay – a breakthrough payment solution in Vietnam’s financial market
Mobile payments is becoming the new norm in Vietnam, thanks to the spur in Internet growth and 4G services as well. Mobile payment solutions are being made to meet the requirements of users, especially QRPay, which is becoming specific with superior and modern facilities
SafeCharge to provide The Level Group easy payment solutions
SafeCharge has introduced the SafeCharge Payment Engine to streamline online shopping of brands and increase sales conversion at checkout
ONPEX to provide SatchelPay tailormade banking and payment services
ONPEX has partnered with Lithuainian Money institution SatchelPay to provide easy cross-border payments and banking solutions