Finclusion lands funding to fuel African neobank offering
Finclusion Group, a FinTech that aims to boost financial inclusion in sub-saharan Africa, has raised $20m amid a period of growth in startups in the region.
Novidea taps into surging demand for cloud solutions
Novidea, a cloud-based solutions provider for the insurance industry, has experienced over 100% year-on-year growth and doubled its operations in 2021 due to increased global demand from brokers, agents and MGAs.
Zeidler makes organisational revamp with new appointments
Zeidler Group has updated its leadership and organisational infrastructure to help further connect the company’s wide-ranging capabilities to advance future growth.
Cryptobank Coinhouse bags €15m Series B
Coinhouse has closed a $15m Series B round as the company becomes Europe’s first ever cryptobank.
FBI unveils plan to shift cybercrime approach away from arrest-first
The FBI has revealed it is intending to move away from its indictment and arrest-first model to a cost-imposing and incident response model.
Payment Systems Regulator fines five companies in prepaid card cartel
The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.
Is Request to Pay a new challenger to established payment methods?
A survey by Icon Solutions has found the Request to Pay payment method is expected to challenge current payment methods such as direct debit and payment cards in the near future.
WTW and Tempcover team up for usage-based insurance
Willis Towers Watson (WTW) global advisory, broking and solutions company, has partnered with InsurTech Tempcover to deliver a usage-based automotive insurance solution for the digital generation.
INDmoney lands funding for “super money app”
India-based startup INDmoney, formerly INDwealth, has raised $75m in a recent round of funding, a report from Coverger has revealed.
Ghanaian FinTech Float scores $17m seed round
Ghana-based FinTech company Float, which helps SMEs manage cashflow, has reportedly collected $17m in its seed round.
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