Banking
Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding
Funding Round: Moniepoint raised $110 million in a Series C round led by ADP III, with participation from Lightrock, Google’s Africa Investment Fund,...
AI
Citi pens multi-year cloud and AI tech modernisation deal with Google Cloud
Partnership Announcement: Citi has entered a multi-year partnership with Google Cloud to modernize its technology infrastructure with cloud and AI.
Migration Plans: Citi...
Banking
Lakeside Bank selects Volante’s PaaS for RTP processing
Lakeside Bank, a $2.64 billion-asset bank based in Lake Charles, Louisiana, has selected Volante Technologies to improve its Swift messaging and real-time payment...
AI
HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a San Francisco-based fintech.
SemFi enables...
AI
Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China
Bank of Hangzhou and Maybank signed an MoU to support Chinese enterprises expanding into Southeast Asia.
The partnership will focus on enhancing cross-border...
Banking
Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor
Commercial International Bank (CIB) in Egypt has hired Tony Prestedge as an executive advisor to its board of directors.
Prestedge is a veteran...
Banking
BIS’ Project Agorá to commence design phase with private sector participants confirmed
Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can improve wholesale cross-border payments.
Private...
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