FintechMagazineNovember- December 2019 IssueDubai fintech NOW Money driving financial inclusion for low-income workersInternational FinanceNovember 20, 2019January 28, 2020 by International FinanceNovember 20, 2019January 28, 2020 70% of the GCC’s population, mostly low-income expat workers, do not have a bank account – NOW Money wants to change that... Read more
FintechOpay raises $120 mn in Series B funding by Chinese investorsInternational Finance DeskNovember 19, 2019 by International Finance DeskNovember 19, 2019 This year, Chinese investors have demonstrated strong interest in African startups such as Opay, PalmPay and Lori Systems... Read more
FintechSingaporean fintech startup DEXFT secures fundingPritam BordoloiNovember 8, 2019 by Pritam BordoloiNovember 8, 2019 Round led by blockchain and cryptocurrency fund LuneX and Singapore state-owned SGInnovate... Read more
FintechNigerian startup Kuda raises $1.6 mn in pre-seed fundingInternational Finance DeskSeptember 11, 2019December 17, 2019 by International Finance DeskSeptember 11, 2019December 17, 2019 The proceeds from the funding might be used for it to transition from beta to live launch of its online mobile finance platform... Read more
FintechAnt 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
FintechUK 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
FintechFintech startups witnessed highest investment levels in 2018: Hampleton reportInternational Finance DeskFebruary 7, 2019 by International Finance DeskFebruary 7, 2019 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... Read more