Industry News

Flagright has announced a partnership with Capi Money, which focuses on facilitating international payments for firms across Africa.

Techstars Toronto Accelerator has revealed the nine African startups to participate in its latest programme.

Much like consumers in Italy and France, investors in the UK have similar risk profile patterns, and everyoneINVESTED believes its risk profiling solution could become the market standard.

Pacific Catastrophe Risk Insurance Company (PCRIC) will launch an early-trigger drought protection product to Pacific countries.

Tamara, a FinTech platform for shopping, paying, and banking in Saudi Arabia and the GCC region, has bagged $340m in a Series C. 

Female Invest, a Danish e-learning startup, has acquired trading platform Gaia as it plans to roll out an investment offering.

With the industry's focus on rapid growth and market domination, the critical role of risk assessment in preventing money laundering, terrorist financing, and other illegal activities is frequently sidelined. This negligence can lead to severe consequences, including regulatory fines and reputational damage, ultimately impeding a company's ability to compete.

Identity fraud has doubled in crypto and banking during 2022, as a new report on fraud shows the worrying state of attacks.

2023 marked a significant milestone for IntellectAI, as the firm made new ventures into new territories of innovation.

As 2022 draws to a close, FinTech Global spoke to industry executives to find out what trends stuck around from last year, what new patterns emerged and what the defining characteristics of the year were for the industry.