Tag: Financial Inclusion

NPCI joins forces with Peru Central Bank to launch UPI-based payments...

NPCI International Payments Limited (NIPL) has partnered with the Central Reserve Bank of Peru (BCRP), the primary monetary authority in Peru. According to India Technology...

NOW Money garners $4m in new funding to expand digital banking...

Dubai-based NOW Money, a pioneering inclusive banking and payroll FinTech, today announced the successful closure of a $4m equity investment round.

Financial platform Prósperos raises $3m to transform Latino banking

Prósperos, a company focused on delivering a powerful financial platform for the Spanish-speaking Western hemisphere, has raised $3m.

ZainCash partners with Temenos to boost digital payment services in Iraq

ZainCash, a subsidiary of March Holding and a leading payment service provider in Iraq, has partnered with Temenos, a global market leader in banking...

The future of investing: Velexa’s role in shaping accessible wealth management

The proliferation of WealthTech companies has helped more retail investors gain access to the world of investing, but there is still a gap. New technology and access to financial education is helping to bolster the democratisation of investing.

Sierra Leone’s Metro Cable and Velmie team up for Vult: A...

Metro Cable, Sierra Leone's leading provider of high-speed gigabit internet access, and Velmie, a renowned banking technology provider, have teamed up to launch Vult, a modern digital wallet solution.

High interest rates cause Lending Tech seed deal activity to almost...

Key Global Lending Tech seed investment stats in Q1 2024: • Lending Tech seed deal activity reached 46 funding rounds in Q1 2024, a 49%...

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line. 

Annapurna Finance secures $75m investment from Piramal Alternatives to boost microfinance

Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of USD 75 million (INR 600 crores) in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance.

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