Idman Community Bank opts for BML Istisharat’s ICBS core banking system
The bank was looking for “a proven banking solution to be implemented by a reliable vendor”.
Africa
MFS Africa invests in London with all-new executive team
“London has taken up the mantle of fintech advocate and champion.”
Nigerian fintech Flutterwave lands unicorn status with $170m Series C
It is one of the few African start-ups to have secured more than $200 million in funding.
Suez Canal Bank extends Temenos partnership with Infinity deal
The bank is an existing user of Temenos’ core banking platform.
International cash transfer app Rewire lands $20m led by OurCrowd
Jerry Yang, former Yahoo! CEO and director at Alibaba, also invested.
FinTech Futures Industry Survey & Report 2021
A deep-dive into the trends defining 2021 and beyond, based on a comprehensive survey of the industry.
Dear Luc: Your most pressing fintech problems solved
In Dear Luc, we answer the questions the industry’s fintech founders are too embarrassed to ask.
Kenyan start-up Powered by People raises $1.5m seed funding
The round was led by Matt Kalish of DraftKings and TBD Angels.
South African paytech Nomanini obtains debt funding
It raised a convertible loan from the MASSIF fund, which is run by FMO.
ImaliPay raises undisclosed amount in pre-seed funding
The undisclosed amount in pre-seed funding came from Australian venture capital firm TEN13.
Cameroon-based fintech Diool secures $3.5m funding
The funding round was led by Lundin Group and other existing investors.
Fintech funding deals globally 22-28 February 2021
Featuring Chargebee, Tyme, TypTap Insurance, Anchorage, and Earnix.
Ethical challenger algbra banks on tech to define it in “fintech gold rush”
“We’re building a backend on a global level,” says co-founder.
Banque Misr kicks off digital transformation plans with Atos
Atos to deliver new digital banking experiences for Egyptian bank’s customer.
Report: The power of data analytics in fintech solutions
A deep-dive industry report focused on the priorities and use of data analytics at financial institutions.
Tyme lands $110m in Series B funding, plans Asia-Pacific expansion
TymeBank looks to expand beyond its South African headquarters.
Netflix bags Uber’s product head Ebi Atawodi as payments director
Atawodi spent more than six years at Uber.
UK Black-owned challenger Atmen to launch in March
The start-up is now looking to raise £5 million from institutional investors.
Is 2021 the year to inspire better banking?
Sanat Rao says the time is right to invest in back-end systems change.
Kenyan paytech Popote raises funding from GreenHouse Capital
The undisclosed amount of funding will help the paytech scale.
BLOC Smart Africa fund secures capital from Ivory Coast & Luxembourg
The fund will invest in high-growth potential start-ups to scale up across the continent.
Nigeria’s Xend Finance increases size of funding round to $2m
It initially launched its platform publicly late last year after raising $1.5 million in funding.
Banking Technology February 2021 issue out now
The roaring 20s.
HPS acquires Mauritius payments processor ICPS
HPS nabs the full stake in ICPS from former partner MCB.
UK-Nigeria mobile wallet Sendit.Money goes crowdfunding
It has already exceeded its £100,000 target, having raised £146,006 at time of writing.
Nigeria’s central bank issues crypto shutdown throwing fintechs into disarray
Nigeria is one of the world’s largest users of virtual currencies.
A look inside MENA investor Global Ventures’ fintech portfolio
Global Ventures’ portfolio covers payment acceptance, digital wallets, credit and trading.
Nigerian wealthtech Cowrywise raises $3m pre-Series A
The co-founders aim to democratise Nigerians’ access to savings and investment products.
Absa launches digital bank Spot Money in South Africa
The open banking platform integrates with various bank and payment services.
Kenyan agri-insurtech Pula raises $6m Series A
The funding round was led by Pan-African early-stage venture capital firm, TLcom Capital.
Pyypl’s regulation-first approach to MENA starts to pay off
“The options today are mobile money or banks,” says CEO.
The end to end benefits of cloud first transformation
Cloud has become a go-to technology for many in the financial services industry.
EXCLUSIVE: Oracle wins Flexcube deal with Somalia entrant BB Bank
Upcoming Islamic bank picks Oracle FS to furnish its core operations.
Arab Investment Bank picks fresh batch of Temenos solutions
Egypt-based bank adds to existing portfolio of Temenos products.
2020 in review: Top core banking stories
We run down the most interesting core banking stories from this year.
2020 review: 10 largest bank job cuts this year
This year has seen several job cut announcements.
2020 review: Top 10 fintech funding rounds
Some start-up’s valuations have soared this year.
Top 10 Women in Fintech Power List 2020
We bring you a shortlist of ten women in – or investing in – fintech.
MFS Africa opens up continent to PayPal’s remittance service Xoom
Present in a whopping 160 markets already, Xoom still wants more of the pie.
Report: Digital KYB – a springboard to customer onboarding success
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
