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 ...
Fintech
Nigeria Takes Legal Action Against Binance Over Alleged $81.5 Billion in Economic Damages and Tax Evasion
The Federal Inland Revenue Service (FIRS) has initiated legal proceedings against cryptocurrency exchange Binance, alleging economic losses amounting to $79.5 billion and an ...
Fintech
Global: CommBank’s x15Ventures Invests in Xccelerate Winner Gable
CommBank’s venture scaling arm, x15Ventures, has made a strategic investment in Gable, a Seattle-based data management startup that emerged victorious in the latest ...
Fintech
Global: FICO and TransUnion Partner to Enhance Credit Access in Kenya
Global analytics firm FICO and TransUnion Kenya have joined forces to expand access to credit in Kenya, leveraging advanced data analytics to improve ...
Fintech
Global: Mastercard Partners with Feedzai to Strengthen AI-Powered Scam Prevention
Mastercard has teamed up with financial crime prevention specialist Feedzai to enhance fraud detection and combat the growing threat of AI-driven scams ...
Africa
Qme Secures $3M Investment to Revolutionize Customer Service Efficiency in Africa
Qme has secured a $3 million funding round to enhance customer service efficiency across Africa, addressing long-standing inefficiencies in queuing systems and appointment ...
Fintech
Global: EBANX Secures In-Principle Approval for Major Payment License in Singapore
Global payments provider EBANX has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. ...
Fintech
Global: Market Pay Acquires AltaPay to Strengthen Scandinavian Presence
Pan-European payments platform Market Pay has announced the acquisition of Danish payment service provider AltaPay, marking a significant step in its expansion across ...