Challenger bank Monzo fixes problem that caused its services to crash
Bank customers were left unable to access their money after neobank Monzo’s services went down on Monday July 29.
The real reason why FinTech investments in Africa is booming
We're revealing how Africa’s underbanked population and mobile phones gave rise to a massive FinTech market.
Nigerian Flutterwave partners up with Alibaba to tap into the China-Africa trade
The San Francisco and Lagos-based FinTech startup Flutterwave aims to leverage a new partnership with e-commerce giant Alibaba to take a slice of the China-Africa trade. This trade is estimated to be worth $200bn.
Payconiq raises over €20m in new funding round
Mobile payments platform Payconiq has raised more than €20m in a funding round led by existing shareholders.
Cash remains king in Britain as 83 per cent make weekly payments with physical...
The Payment Systems Regulator (PSR), the subsidiary of Britain’s Financial Conduct Authority, has revealed physical money still pays a roll in the UK.
Digital consumer spend could jump to almost $790bn in Europe and the US
New research from Juniper Research, the FinTech and e-commerce analyzing agency, reveals that consumers may be swapping cash for digital payments more often in the future.
Challenger bank 86 400 is ready to compete with the big four after acquiring...
Australians just got more banking options with 86 400 getting a licence to operate as an authorized deposit-taking institution in the country. In other words, it now has permission to operate as a bank in Oz.
Finix announces $17.5m Series A round led by Bain Capital Ventures
With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.
International payments business WorldRemit gets $175m Series D
Venture capital-backed mobile payments provider WorldRemit has raised a $175m Series D round from some of its existing investors.
Indian online lending marketplace Namaste Credit is becoming a neobank
Namaste Credit is joining the digital banking revolution by announcing plans to turn the online lending marketplace, into a “fully-fledged digital-only bank†for micro, small and medium-sized enterprises.