Fintech
Saudi Arabia’s Madkhol Capital Secures $2.2 Million Seed Funding to Advance AI-Powered Investment Solutions
Madkhol Capital, a Riyadh-based fintech innovator, has successfully closed a $2.2 million Seed funding round, marking a significant milestone in the company’s mission ...
Africa
Africa’s Fintech Boom: Revenue Poised to Hit $47 Billion Amid Expanding Investment Prospects
Africa’s fintech industry is undergoing a transformative boom, fueled by rapid innovation, digital adoption, and evolving financial services. A recent report predicts that fintech ...
Africa
Africa: OAPay Expands Across Africa, Transforming Cross-Border Payments
OAPay, a fintech licensed in both the United Kingdom and the United States, has expanded its operations into Kenya, Ghana, Nigeria, Uganda, and ...
Fintech
Unlocking Nigeria’s Fintech Potential: Kuda MD Advocates for Regulatory Reforms and Infrastructure Growth
Nigeria’s fintech sector continues to experience remarkable expansion, attracting $2 billion in investments in 2024. However, despite its rapid growth, critical challenges threaten ...
Africa
Africa: MoneyHash Secures $5.2M Pre-Series A to Enhance Payment Orchestration in Emerging Markets
MoneyHash, a leading payment orchestration platform focused on the Middle East and Africa (MEA), has successfully raised $5.2 million in a pre-Series A ...
Fintech
Global: South Korea Penalizes JPMorgan, Morgan Stanley, Nomura, and UBS for Short-Selling Violations
South Korea’s Financial Supervisory Service (FSS) has imposed fines on JPMorgan, Morgan Stanley, Nomura, and UBS for breaching short-selling regulations in the domestic ...
Fintech
Global: Mastercard Unveils AI-Powered AML Solution in Asia Pacific
Mastercard has introduced an artificial intelligence-powered anti-money laundering (AML) solution, Trace, in the Asia Pacific region to combat financial crime more effectively. The ...
Fintech
Nigerian Crypto Exchange Busha Lists cNGN Stablecoin, Eyes Phased Rollout
Busha, a leading Nigerian cryptocurrency exchange with a provisional license from the country’s Securities and Exchange Commission (SEC), has officially listed the compliant ...
Fintech
South Sudan Launches National Instant Payment System to Boost Financial Inclusion
The Bank of South Sudan (BoSS) has officially launched its first-ever National Instant Payment System (NIPS), three years after its initial proposal. Developed ...
Egypt
Egyptian Startup Taager Secures $6.75M Pre-Series B Funding to Expand Social E-Commerce in MENA
Taager, a leading social e-commerce platform in the MENA region, has raised $6.75 million in a Pre-Series B funding round led by Norrsken22, ...