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
FeaturedFintechNigerian fintech startups attracted $122 mn in funding in 2019Pritam BordoloiJanuary 31, 2020 by Pritam BordoloiJanuary 31, 2020 Total funding accumulated by fintechs fell by 21.8% year-on-year... Read more
FeaturedFintechStanChart and Bahrain Fintech Bay to nurture fintechsPritam BordoloiJanuary 28, 2020 by Pritam BordoloiJanuary 28, 2020 The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs... Read more
ExclusiveWEX to acquire Singapore fintech eNett, Optal for $1.7 billionBharath KumarJanuary 24, 2020March 18, 2020 by Bharath KumarJanuary 24, 2020March 18, 2020 Optal is a shareholder of eNett and the primary issuer of eNett payments... Read more
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