Fintech
Global: Canadian fintech investor Portage closes US$600m fund
Toronto-based investment firm Portage has completed the final close of its latest fintech fund at US$600 million, attracting backing from new strategic limited ...
Fintech
SA: GoTyme challenges South African banks over instant-payment fees
South Africa has the infrastructure to transfer money within seconds, but the cost of accessing that speed remains a point of contention as ...
Fintech
Global: Saudi fintech Tabby raises $233m at $6.5bn valuation
Saudi-based fintech company Tabby has raised $233 million in its latest equity funding round, lifting its valuation to $6.5 billion as it prepares ...
Fintech
Nigeria: Moniepoint processes more than 20 million card transactions daily
Moniepoint’s card payments infrastructure processes more than 20 million transactions daily, with the fintech relying on real-time monitoring and automated routing controls to ...
Fintech
South Africa reshapes payment participation and infrastructure
South Africa is undertaking a major overhaul of its payments ecosystem, revising both the rules governing who can provide payment services and the ...
Fintech
Global: Hungary’s CIB Bank offers customers free contactless payment rings
Hungarian lender CIB Bank has partnered with Visa to offer eligible customers free RingPay contactless payment rings as part of an initiative aimed ...
Fintech
Global: Mexican fintech Kapital raises $100m in Series D funding
Mexico City-based fintech Kapital has raised $100 million in a Series D funding round as the AI-powered financial platform for small and medium-sized ...
Fintech
Global: Nacha launches Next-Gen Currency Project Team to explore stablecoins and tokenized deposits
As digital assets continue to gain traction across the payments landscape, Nacha’s Payments Innovation Alliance has launched a new initiative to examine their ...
Fintech
Nigeria: OPay reaffirms commitment to financial inclusion amid misinformation
OPay has reaffirmed that it remains fully operational in Nigeria and has no plans to suspend or discontinue its services, following the circulation ...
Fintech
Nigeria: Nomba raises $3m debt facility to expand Africa–Asia payment corridors
Nomba, a Nigerian fintech providing payment collection and banking services to businesses, has secured a $3 million debt facility from CardinalStone Finance Company ...

