Tag: Financial Inclusion
SAVIS and Konsentus forge path for open banking revolution in Vietnam
SAVIS, one of Vietnam's foremost providers of digital capabilities and a critical technology services supplier to the financial sector, has joined forces with Konsentus, a global leader in open banking advisory services and trust infrastructure.
India’s government incentivises FinTechs with 50-year interest free loans in 2024
Key Indian FinTech investment stats in 2023:
• Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022
• Indian FinTech deal...
UK Women outpace men in digital service usage
In a groundbreaking study by Marqeta, it has been revealed that British women are at the forefront of adopting the next generation of financial services, surpassing their male counterparts.
Mastercard and MTN Group Fintech partner to boost Africa’s mobile money...
Mastercard, a global technology company in the payment industry, and MTN Group Fintech, a leading digital financial services arm of Africa's largest mobile network operator, have joined forces in a landmark partnership. This collaboration aims to drive the acceleration of the mobile money ecosystem across Africa, impacting 13 markets.
Nigerian FinTech Mamamoni secures €250,000 to empower low-income women
Mamamoni, a Nigerian FinTech social enterprise, has recently been awarded a significant grant of €250,000.
Moove secures $10m in first external debt funding round led by...
Mobility FinTech firm, Moove, has successfully raised $10m in a debt round from Stride Ventures.
FundPark secures $500m in asset-backed facility from Goldman Sachs
FundPark, a trailblazing FinTech company specialising in empowering digital entrepreneurs, has successfully closed an impressive asset-backed securitisation facility amounting to $500m.
Ozone API secures £8.5m in Series A funding for global open...
Ozone API, the trailblazing open banking platform, has successfully secured a substantial £8.5m in Series A funding. This significant financial injection was spearheaded by Gresham House Ventures, renowned for its strategic investments in burgeoning software and technology-enabled enterprises.
Lending Technology was the most active FinTech subsector in Southeast Asia...
Key Southeast Asia FinTech investment stats in 2023 (excluding Singapore):
· Southeast Asia FinTech deal activity totalled at 111 deals in 2023, a 47% drop...
DMI Group acquires ZestMoney in fire sale
The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.