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Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz
One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers ...
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Fintern, an open banking consumer lender, launches
Fintern, a UK-based consumer lender, has launched to provide loans of up to EUR 5,825 using open banking functionality to customers excluded by ...
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FirstBank boosts cross border payment with FirstGlobal Transfer
First Bank of Nigeria Limited has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its ...
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Abyssinia Bank Launches Mobile Remittance App
Abyssinia Bank launched a new app which enables its customers send and receive money from abroad online in a ceremony held at Hyatt ...
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UK challenger bank Starling raises $376M, now valued at $1.9B
Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller and faster-moving tech-based banking startups to ...
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Google unveils $25 million in grants aimed at empowering women and girls
Google announced a range of programs as well as grants worth $25 million on Monday to fund works of nonprofits and social enterprises ...
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SEC, NSE seal pact with AfDB to promote Green Bond market development
The Securities and Exchange Commission (SEC) and African Development Bank (AfDB) Group have signed an agreement on the Nigeria risk based supervision framework ...
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Japan to reduce interbank transfer fees
Japan’s banking industry and financial regulators have announced being in the final stages of talks on reducing interbank money transfer fees for the ...
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Airwallex scores Hong Kong SVF licence through acquisition of UniCard
Melbourne-born Airwallex has acquired Hong Kong’s UniCard Solutions, joining the likes of PayPal, AliPay and WeChat as a Stored Value Facilities (SVF) licensee ...
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Wipro signs off on $1.45bn acquisition of Capco
Indian software giant Wipro is acquiring UK technology consultancy Capco in a $1.45 billion deal. Wipro is looking to expand its presence ...