Banking
Paymob secures $22m Series B extension to continue GCC roll-out
Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by EBRD VC (European Bank for...
AI
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
Banking
India’s Vayana secures $20.5m in Series D funding
Funding Details:Vayana secured $20.5 million in its ongoing Series D funding round, led by SMBC’s Asia Rising Fund.
Additional participants include Chiratae...
AI
ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more
Layer2 Financial:Funding: $10.7 million Series A.
Investors: Led by Galaxy Ventures, with participation from Accomplice.
Purpose: To drive market expansion, product development,...
Banking
SME-focused neobank Ampere launches card-to-card payments in partnership with Mastercard
Partnership Announcement: UK-based neobank Ampere has partnered with Mastercard to introduce card-to-card payment capabilities for its SME customers.
Payment Solution: The card-to-card payments,...
Banking
FCA issues new guidelines to ensure cash access for consumers and small enterprises
Key Points:Objective:Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts.Implementation Date:New guidelines take...
AI
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...
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