Lendtech MONI picks up $1.5m investment
Argentinian firm’s total investment reaches $10m.
unbanked
Indra keeps tech up at Argentina’s Wilobank
A newly-launched fully mobile bank in Argentina.
An overview of neobanks in Latin America
To tackle financial inclusion, LatAm’s banking industry needs to undergo changes and disruption.
Azimo partners with Interswitch for cross-border payments in Nigeria
Creating a Europe-Nigeria channel for the underbanked.
Hydrogen’s Findi consortium breathes life into public blockchains
Paving the way for Web 3.0 and taking on R3.
Danish start-up Jamii Pay in delicious launch
Brainchild of ex-PWC consultant Charlotte Rønje.
Fintech: the driving force behind financial inclusion and empowerment in developing economies
Fintech start-ups are thinking “solution” to the benefit of millions people.
How we banked a billion people and what to do next
Financial inclusion has advanced where governments have prioritised it.
How blockchain will transform retail lending
The potential gains and benefits to global economics and society are on the horizon.
How Latin America’s fintech market could exceed $150bn by 2021
The rise and rise of LatAm fintech.
Autosoft and Finja power Allied Bank’s branchless banking
Pakistan-based bank in digital drive.
Biometrics firm Veridium touched by $150,000 grant
The grant is funded by the Bill and Melinda Gates Foundation.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
Rebtel’s new digital bank for migrants lands $8m
Added to another $8m of funding.
Hyperactive PayPal acquires Hyperwallet for $400m
Gives it more payment solutions to e-commerce platforms and marketplaces.
FCA reveals financial strife of urban and rural life
It’s mainly obvious, but explained in depth.
Copenhagen Fintech and CARE call for start-ups
Looking for ideas in providing loans and cash for the unbanked.
Ant Financial lands $14bn investment for Alipay’s global march
Both domestic and international investors are participating in the investment round.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
Online lending 3.0 – how technology is changing the game
Success lies in a company’s “digital brain”.
SMEs and selfies stick for FNB account opening
South African bank unveils selfie authentication… and “businessism”.
African payments firm Cellulant raises $47.5m
Helped by The Rise Fund – marking its debut on the continent.
Morgan Stanley bets on Brazil’s fintech lending boom
Follows the well-heeled footsteps of Goldman Sachs.
Santander UK to launch digital financing platform for SMEs
Mambu believed to be providing its core banking tech to Santander’s new SME platform.
Interview: Jean-Michel Hilsenkopf, Temenos – seeing things differently
Discussing the major themes in digital banking today.
Global Findex 2017: financial inclusion on the rise but gaps remain
Globally, 69% of adults – 3.8 billion people – now have an account at a bank or mobile money provider.
Nubi turns to Mambu for core banking tech
Nubi selects Mambu to underpin its digital services in Argentina.
Dosh raises $44m, PayPal among investors
PayPal headlines Dosh’s $44m payday for advertising-rebate business.
Interview: Tom Meredith, BitMinutes – better crypto for a better world
BitMinutes creates cryptocurrency around prepaid airtime minute, plans ICO for 30 April.
Banking – it’s a safe bet branch banking no longer need safes!
There’ll come a time when carrying cash into the bank will be cause for a mild-panic attack for branch office tellers.
FNB to launch m-wallet for South Africa’s underbanked
FNB estimates the size of the market for its m-wallet service at over 11 million people.
DFS Lab and Gates Foundation invest in four African fintech start-ups
Four start-ups received $200,000 funding from DFS Lab, supported by Bill and Melinda Gates Foundation.
Three big trends on display at FinovateSpring 2018
FinovateSpring is a little less than a month away.
doxo and Coinstar to facilitate cash payments for underbanked
There are 34 million unbanked or underbanked households across the US.
Top fintech stories this week – 13 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
PayPal targets unbanked market with banking products
Plans include bank partnerships and a PayPal Cash Mastercard.
Ant Financial invests $184.5m in Telenor Microfinance Bank
Ant Financial now owns a 45% stake in Pakistan’s Telenor Microfinance Bank (TNB).
Folkefinans in tech revamp with Mambu’s SaaS-based core banking system
Nordic finance and credit company Folkefinans is implementing Mambu’s core banking tech.
