FintechAfrican fintech My-iMali raises funds to increase customer basePritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The South Africa-based startup received the funding from fintech holding company Crossfin... Read more
FintechNigerian fintech Migo raises $20 mn for Brazil expansionPritam BordoloiDecember 4, 2019 by Pritam BordoloiDecember 4, 2019 Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital... Read more
FintechSoftBank invests $100 mn in Mexican fintech KonfioInternational Finance DeskDecember 4, 2019January 7, 2020 by International Finance DeskDecember 4, 2019January 7, 2020 This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies... Read more
FinanceMagazineNovember- December 2019 IssueMobile Money in Nigeria: Will MTN succeed where others failed?International FinanceDecember 4, 2019January 15, 2020 by International FinanceDecember 4, 2019January 15, 2020 While mobile money is already a success in Kenya, Nigeria is finally adopting the right policies to make it a success... Read more
BankingUK P2P lender Zopa to secure £130 mn to become virtual bankInternational Finance DeskDecember 2, 2019 by International Finance DeskDecember 2, 2019 Zopa was the first peer-to-peer lending firm in the UK—lending nearly £4 billion to consumers since inception... Read more
FintechRevolut to disrupt UK traditional banking with direct debitsInternational Finance DeskNovember 28, 2019January 7, 2020 by International Finance DeskNovember 28, 2019January 7, 2020 It has added a new feature where users can pay with direct debits in UK pounds... Read more
FinanceAlibaba’s Ant Financial to raise $1 bn to invest in SE AsiaPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 The fund will invest in payments and fintech startups in Southeast Asia and India... Read more
FintechSaudi epayments account for over 36% of all payments nowInternational Finance DeskNovember 27, 2019 by International Finance DeskNovember 27, 2019 SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada... Read more
BankingSiam Commercial plans fintech spin off to become digital leaderInternational Finance DeskNovember 22, 2019 by International Finance DeskNovember 22, 2019 The bank aims to transform one of its fintech units into a unicorn, or private company with $1 bn valuation... Read more
FintechBrazil fintech Neon to boost customer base with $94 mn fundingInternational Finance DeskNovember 20, 2019 by International Finance DeskNovember 20, 2019 The funding has raised Neon’s total valuation to more than $121 million... Read more