Nigerian fintech startups attracted $122 mn in funding in 2019
Total funding accumulated by fintechs fell by 21.8% year-on-year...
Tag : FinTech
StanChart and Bahrain Fintech Bay to nurture fintechs
The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs...
WEX to acquire Singapore fintech eNett, Optal for $1.7 billion
Optal is a shareholder of eNett and the primary issuer of eNett payments...
Nigerian fintech Paga acquires Apposit to fuel expansion
The fintech raised $10 mn last year and announced its plan to expand globally...
GrabPay’s active users increase by 50% amid digitalisation push
New users have increased since the launch of the e-Tunai Rakyat initiative by the government...
Western Union, Bharti Airtel to launch cross-border payment in Africa
The real-time cross-border payment service will drive financial inclusion across the continent...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
JP Morgan, UK Aid invest $15 million in Catalyst Fund
Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years...
Should Google and Facebook be venturing into banking?
A never-ending quest for more data and control over customers is forcing Google and Facebook to make a banking play – what could go wrong?...
Credit scoring: Keeping customer privacy at the forefront
A unique opportunity comes in the form of smartphone metadata as a means of developing credit scores for individuals and small business owners...