Africa
Africa’s Cross-Border Payment Challenges Go Beyond Technology, Say Central Bank Executives
Despite the growing presence of fintech solutions, Africa’s cross-border payment challenges are rooted in more than just technology, according to central bank executives. ...
Fintech
Global: Monument Bank Partners with Firenze to Expand Lombard Lending Access
Monument Bank has announced a strategic partnership with Firenze, a fintech specializing in Lombard lending for wealth managers. Under the agreement, the UK-based ...
Fintech
UK Court Approves $200M Mastercard Settlement in Class Action Lawsuit
The UK’s Competition Appeal Tribunal has approved Mastercard’s £200 million ($200 million) settlement in a class action lawsuit filed on behalf of British ...
Fintech
Global: SEC Drops Investigation into Robinhood’s Crypto Operations
Robinhood has announced that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the company’s cryptocurrency division without pursuing ...
Fintech
Nigerian Investment Platform Risevest Secures U.S. Broker-Dealer License, Expanding Global Investment Access
Nigerian investment platform Risevest has reached a major milestone by securing a U.S. broker-dealer license through its affiliate, Risevest Financial Securities Limited. This ...
Egypt
XPay Partners with Huawei Cloud to Drive Digital Payment Innovation in Egypt
XPay, a leading fintech startup in Egypt, has announced a strategic collaboration with Huawei Cloud Services to enhance digital payment solutions across the ...
Fintech
Nigeria: Digital Payments and Innovation Fuel SME Growth in Nigeria – Mastercard SME Confidence Index
Small and medium enterprises (SMEs) in Nigeria are experiencing accelerated growth through digital payments, innovation, and strategic partnerships, according to the latest Mastercard ...
Fintech
Global: MANSA Secures $10M to Solve Liquidity Challenges in Cross-Border Payments
Dubai-based fintech startup MANSA has successfully secured $10 million in funding to enhance liquidity solutions for cross-border payments. The funding round, comprising both ...
Fintech
Nigeria: VFD Group Injects N5 Billion into V Bank to Boost Digital Banking Expansion
VFD Group has announced a strategic capital injection of N5 billion into its digital-first financial institution, VFD Microfinance Bank (V Bank). This investment, ...
Fintech
Global: Chase to Restrict Zelle Payments Linked to Social Media Amid Fraud Concerns
JPMorgan Chase has announced plans to block certain Zelle peer-to-peer (P2P) payments originating from social media contacts, citing rising fraud risks. The update ...