Fintech
Grain Secures $50M to Advance AI-Driven FX Optimisation and Hedging Platform
Grain, a fintech startup leveraging artificial intelligence to optimise foreign exchange (FX) transactions and hedging, has raised over $50 million to scale its ...
Global
Lloyds Banking Group Opens Applications for ‘Launch Innovation’ Programme
Lloyds Banking Group has announced the opening of applications for its 2024 ‘Launch Innovation’ programme, aimed at discovering new business partnerships and fostering ...
Fintech
Nigeria: Moniepoint Partners with Afrigopay to Expand Contactless Payments and Distribute 5 Million AfriGO Cards
Moniepoint Inc., a leading Nigerian fintech company, has partnered with Afrigopay Financial Services Limited (AFSL) to introduce tap-to-pay solutions and distribute 5 million ...
Fintech
Global: Mastercard Expands Middle East Presence Through Strategic Partnerships
Mastercard is strengthening its foothold in the Middle East through strategic collaborations with Emirates NBD, a leading financial institution in the MENAT (Middle ...
Innovation
Anthropic Secures $3.5 Billion to Advance Next-Generation AI Development
AI research company Anthropic has secured $3.5 billion in a Series E funding round, boosting its efforts to develop next-generation artificial intelligence (AI) ...
Fintech
Global: Visa Reports Surge in Tap to Phone Adoption
Visa’s Tap to Phone technology, which transforms smartphones into contactless payment terminals, has recorded a significant 200% increase in global usage over the ...
Fintech
Uganda: MTN Group Fintech and Paysky Launch Market by MoMo to Transform Uganda’s E-Commerce Landscape
MTN Group Fintech, in collaboration with Paysky, has introduced Market by MoMo, a revolutionary e-commerce platform designed to enhance digital trade for Ugandan ...
Africa
Nigeria: Interswitch Leads AI Adoption to Drive Workforce Evolution and Economic Growth
Interswitch Group, a leading player in Africa’s payments and digital commerce sector, is reinforcing the transformative role of Artificial Intelligence (AI) in shaping ...
Fintech
Flutterwave Secures Payment System License in Zambia, Strengthening Digital Payment Solutions
Flutterwave has taken a major step forward in its African expansion strategy by securing a Payment System License from the Bank of Zambia. ...
Fintech
Stripe Reaches $91.5 Billion Valuation as AI Investments Drive Growth
Stripe has announced a tender offer for employees and shareholders, valuing the payments giant at $91.5 billion—nearing its 2021 peak of $95 billion. ...