FeaturedFintechEgyptian fintech Khazna secures funding from Algebra VenturesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The startup will provide its services to 20 mn Egyptians who have access to a mobile phone but no access to financial services... Read more
FeaturedFintechVisa, Nigerian fintech Paga to enhance digital payments across AfricaInternational FinanceMarch 10, 2020March 18, 2020 by International FinanceMarch 10, 2020March 18, 2020 Visa’s partnership with Paga does not involve investment — and is strategically aimed at expansion across the continent... Read more
BankingFeaturedArival Bank applies for a digital banking licence in SingaporePritam BordoloiMarch 9, 2020 by Pritam BordoloiMarch 9, 2020 The bank is also in the process of applying for a full service virtual banking licence in Lithuania... Read more
FeaturedFintechFintech investment in UK reaches $48.5 bn in 2019Pritam BordoloiFebruary 27, 2020February 27, 2020 by Pritam BordoloiFebruary 27, 2020February 27, 2020 83% of the fintech deals in Europe took place in the UK... Read more
FeaturedFintechSouth African fintech Jumo raises $55 million in Goldman-led fundingInternational FinanceFebruary 27, 2020March 18, 2020 by International FinanceFebruary 27, 2020March 18, 2020 The proceeds of the funding will be used to expand its operations into new markets and launch new products... Read more
FeaturedFintechBritish fintech Revolut secures $500 mn funding to fuel expansionPritam BordoloiFebruary 25, 2020 by Pritam BordoloiFebruary 25, 2020 The UK startup digital bank is now valued at $5.5 bn... Read more
FeaturedFintechGlobal fintech deals fall by 4% as China suffersPritam BordoloiFebruary 21, 2020 by Pritam BordoloiFebruary 21, 2020 3,472 fintech deals were recorded with a total value of $53.3 bn in 2019... Read more
FeaturedFintechBahrain’s GFH acquires 70% stake in Dubai fintech MarshalPritam BordoloiFebruary 20, 2020 by Pritam BordoloiFebruary 20, 2020 While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%... Read more
FeaturedFintechBrexit sees German fintech N26 exit UK businessPritam BordoloiFebruary 13, 2020February 13, 2020 by Pritam BordoloiFebruary 13, 2020February 13, 2020 The neobank will close down all accounts on April 15... Read more
FeaturedFintechThailand to introduce QR code for cross-border payments in AseanPritam BordoloiFebruary 12, 2020February 12, 2020 by Pritam BordoloiFebruary 12, 2020February 12, 2020 Cross- border QR code payments to Singapore, Myanmar and Cambodia will be available by mid-2020... Read more