FeaturedFintechNigerian fintech Paga acquires Apposit to fuel expansionPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The fintech raised $10 mn last year and announced its plan to expand globally... Read more
FeaturedFintechGrabPay’s active users increase by 50% amid digitalisation pushPritam BordoloiJanuary 24, 2020January 24, 2020 by Pritam BordoloiJanuary 24, 2020January 24, 2020 New users have increased since the launch of the e-Tunai Rakyat initiative by the government... Read more
FeaturedFinanceWestern Union, Bharti Airtel to launch cross-border payment in AfricaBharath KumarJanuary 23, 2020March 18, 2020 by Bharath KumarJanuary 23, 2020March 18, 2020 The real-time cross-border payment service will drive financial inclusion across the continent... Read more
FeaturedTechnologyAfrican tech startups secure $491.6 mn in funding in 2019Pritam BordoloiJanuary 22, 2020January 24, 2020 by Pritam BordoloiJanuary 22, 2020January 24, 2020 2019 also witnessed a 61% increase in the number of investors to reach 261... Read more
FeaturedFintechJP Morgan, UK Aid invest $15 million in Catalyst FundBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years... Read more
MagazineTechnologyShould Google and Facebook be venturing into banking?Bharath KumarJanuary 16, 2020April 2, 2020 by Bharath KumarJanuary 16, 2020April 2, 2020 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?... Read more
MagazineTechnologyCredit scoring: Keeping customer privacy at the forefrontBharath KumarJanuary 16, 2020March 18, 2020 by Bharath KumarJanuary 16, 2020March 18, 2020 A unique opportunity comes in the form of smartphone metadata as a means of developing credit scores for individuals and small business owners... Read more
FintechMagazineLifetime financial planning: What is the better trade off?Bharath KumarJanuary 16, 2020April 2, 2020 by Bharath KumarJanuary 16, 2020April 2, 2020 Singapore fintech startup BetterTradeOff’s solution solve the loss of human touch and contextualisation in financial planning for individuals... Read more
BankingFeaturedEnigma-led consortium applies for Singapore’s digital bank licenceBharath KumarJanuary 15, 2020March 18, 2020 by Bharath KumarJanuary 15, 2020March 18, 2020 Enigma Group is the fifth to bid for a digital bank licence in Singapore... Read more
BankingOpen banking unleashes business lending raceBharath KumarJanuary 14, 2020March 18, 2020 by Bharath KumarJanuary 14, 2020March 18, 2020 The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking... Read more