United Fintech in third take-over of the year with FairXchange
United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...
GIMO secures funding to serve Vietnam’s blue-collar workers
Vietnamese FinTech startup GIMO, which offers on-demand pay for blue-collar workers, has raised $1.9m in a seed+ round led by Singapore’s Integra Partners. The round...
Hollydesk becomes Egypt’s first SME expenses and accounts FinTech to raise capital
Egypt-based Hollydesk has collected $325,000 in pre-seed funding, which makes it the first FinTech in the country aimed at managing SME expenses and accounts to raise capital.
Asilimia digitising financial economy for micro and small businesses in East Africa
Asilimia, which is building digital infrastructure to connect African MSMEs to the financial economy, has collected $2m in funding to support its growth.
Why flexibility is imperative when developing digital financial services
A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.
Tally Money launches savings product worth its weight in gold
UK-based Tally Money has launched a savings account, underpinned by gold, that offers a market-leading 2% fixed-rate return.
Oportun set to acquire neobank Digit in $213m deal
US FinTech company Oportun has entered an agreement to acquire neobanking platform Digit in a deal set to be worth $212.9m.
Ozow lands funding in a bid to provide innovative payment solutions
South African FinTech startup Ozow has raised $48m in Series B funding, led by internet and technology company Tencent.
Broadridge launches Dashboard tool to demystify ESG ratings
Fintech company Broadridge Financial Solutions has launched an ESG Dashboard in a bid to help companies better understand and monitor their ESG ratings.
Aplazo looks to extend LatAm presence following $27m Series A
Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.