Playbook said to raise $6m in funding to help people improve their savings
Playbook, which is designed at helping young people better build their wealth, has reportedly scored $6m in its seed round.
Mastercard teams with Digital PayGo to support SME payments in Zambia
Mastercard has partnered with Digital PayGo to introduce a new mobile payments solution to help Zambian SMEs make and receive digital payments more safely.
Over 25% of non-cash transactions to be instant and e-money payments by 2025
A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.
Boosting financial literacy in teens – Copper Banking closes seed round
Copper Banking, which is aimed at helping teenagers improve their financial literacy, has closed a $13.3m seed funding round.
Modern Treasury passes $2bn valuation following Altimeter-led Series C
Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.
HKMA initiates first CBDC steps with whitepaper launch
The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.
Anyfin snags further funding as it eyes European expansion
Swedish credit refinancing firm Anyfin has secured €44.8m in a funding round led by New York-based FinTech Collective.
Pakistani BNPL player QisstPay secures $15m pre-seed and seed funding
QisstPay, a buy now, pay later (BNPL) company from Pakistan has raised $15m across its seed and pre-seed funding round to expand its team and services.
Modularbank undergoes rebranding to better reflect product offering
Core banking platform Modularbank has renamed to Tuum, in a move the company claims better conveys its mission and scope of offering.
How WealthTech innovation is driving the rise of the neo-broker
A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.
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