AI
FinTech Funding News: HUB2, Schuman Financial, Sandbox Wealth, and More Secure Key Investments
HUB2 Raises €8 Million: African fintech start-up HUB2 secured €8 million in Series A funding, led by TLcom Capital, to streamline payments for...
Banking
Standard Chartered Reshapes Strategy with Potential Business Sales
Standard Chartered is exploring the sale of its retail and wealth banking businesses in Botswana, Uganda, and Zambia.
This strategic move supports its...
Banking
Navro Expands Global Reach with Canadian FMSB Registration
Canadian Approval: Navro, formerly Paytrix, has secured a Foreign Money Services Business (FMSB) registration in Canada, enabling it to offer money transfer services...
Banking
Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia
Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo Mitsui Banking Corporation (SMBC) and...
Banking
Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia
UK-based regtech Konsentus has been selected by the Bank of Namibia to establish API guidelines as part of Namibia’s open banking initiative.
This...
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,...
Banking
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority (PRA).
Launch Timeline: The bank...
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