Tag: Banking

Egypt’s MoneyFellows raises $31m for its ROSCA app

Egyptian FinTech platform MoneyFellows, which offers a mobile-based platform to digitise rotating savings and credit associations (ROSCAs), has closed its Series B funding round on $31m.

How super apps are taking the world by storm

Super apps are becoming a major global trend. Currencycloud has released a free ebook exploring what a super app is and why they are taking the world by storm.

Spend management platform Payhawk launches Partner Program

Spend management platform Payhawk has launched its Payhawk Solution Partner Program, giving its customers access to services partners.

Egyptian money management app Telda raises $20m

Egypt-based money management app Telda has reportedly raised $20m for its seed funding round, as it looks to revolutionise finance in MENAP.

MinePlex raises $100m for its new mobile bank

MinePlex, which claims to be a new-generation mobile bank, has raised $100m in funding.

1 in 5 FinTechs lose $11m each year due to BaaS...

 One in five FinTechs are losing $11m each year in product delays due to banking-as-a-service (BaaS) providers, a report from ClearBank claims.

Searches for ‘savings account’ explode by 301%

Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.

anb backs teenager banking platform Cashee

UAE-based teenager banking platform Cashee has reportedly received a Series A investment from anb to support expansion into Saudi Arabia.

The role of KYC and AML in banking

In a hyperconnected and digital world, the importance of KYC and AML in finance cannot be understated. For banking, what do these processes include?

Yonder holds private beta, closes pre-seed for employee benefits

Yonder, which is on a mission to build the new standard for global employee benefits, has closed its pre-seed round and launched its private beta.

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