Saudi epayments account for over 36% of all payments now
SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada...
Tag : FinTech
Siam Commercial plans fintech spin off to become digital leader
The bank aims to transform one of its fintech units into a unicorn, or private company with $1 bn valuation...
Brazil fintech Neon to boost customer base with $94 mn funding
The funding has raised Neon’s total valuation to more than $121 million...
Vietnam, Singapore receive 87% of fintech funding in SE Asia
Fintechs in SE Asia raised $1.14 bn during the first nine months of 2019, compared to $679 mn in 2018...
China embraced wealthtech; why hasn’t the UK done so?
UK wealth clients want human engagement while making investments—especially in the given political climate...
Dubai fintech NOW Money driving financial inclusion for low-income workers
70% of the GCC’s population, mostly low-income expat workers, do not have a bank account – NOW Money wants to change that...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...
Singapore’s Beenext to raise $100 mn for Emerging Asia fund
The VC firm has already secured $8 mn from a single investor...
Visa to take 20% in profitable African fintech Interswitch
The $200 mn deal will see Visa become a cornerstone investor in the startup ahead of a London IPO...
Digital technology in banking: Challenging the challenger banks
How can banks become powerful digital platform businesses connecting trading partners through trust?...