Tag: financial inclusion
Zazu Set to Transform SME Banking in Africa
Former Solaris executives Rinse Jacobs and Germain Bahri are launching Zazu, a Cape Town-based fintech designed to empower...
BCP Invests $650 Million in Hybrid Cloud Modernization with Microsoft and Kyndryl
Banco de Crédito del Perú (BCP) is launching a $650 million investment to modernize its systems using hybrid...
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...
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...
New digital wallet Kuady launches in several LatAm markets powered by Mambu
Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed...
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...
US fintech start-up CapWay shuts down
CapWay, a US-based fintech focused on financial inclusion, has shut down. The closure was announced by founder Sheena...
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and...
FinVolution expands into Pakistan with Daira launch
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible...
ESAF Small Finance Bank replaces FIS’ Profile with Oracle Flexcube as new banking core
ESAF Small Finance Bank has transitioned to Oracle Flexcube as its new core banking solution, replacing the previous...
TSB Bank fined £10.9m by FCA over handling of customers facing financial difficulty
TSB Bank was fined £10,910,500 by the Financial Conduct Authority (FCA) for failing to treat customers in arrears...
Italy’s Banca Sella becomes first European bank to launch QR code for the visually impaired
Banca Sella, an Italian bank with over 300 branches, is the first bank in Europe to implement TQ...