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EBA identifies creditworthiness assessments and digitalisation as some consumer trends for 2020/2021
The European Banking Authority (EBA) has identified topical issues including irresponsible lending, creditworthiness assessments, and digitalisation in its Consumer Trends Report for 2020/2021. Furthermore, ...
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Norwegian fintech Horde selects Nordic API Gateway for Open Banking solutions
Norway-based fintech Horde has selected Open Banking platform Nordic API Gateway to structure loans between friends. Alongside that Horde has launched a social lending ...
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DRC-based solar company Nuru raises $1.2m funding round
Nuru, a developer of hybrid solar off-grids based in the Democratic Republic of Congo (DRC), has raised EUR1 million (US$1.2 million) in funding ...
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Kenya-based Savannah Fund launches $25m Africa Tech Seed Fund
The Kenya-based Savannah Fund has announced a US$25 million fund that will invest in early-stage startups across Sub-Saharan Africa with a focus on ...
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Equity Group secures $100 million facility with European Development Banks in supports of MSMEs
Equity Group Holdings Plc, a Pan-African financial services holding company listed on the Nairobi Securities Exchange, Uganda Securities Exchange, and Rwanda Stock Exchange ...
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Egyptian fintech Dayra gets Y Combinator’s backing, raises $3 million in pre-seed
Cairo-based fintech Dayra has joined Y Combinator and raised $3 million in a pre-seed round that includes a mix of equity and debt ...
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EBA publishes final revised Guidelines on money laundering and terrorist financing risk factors
The European Banking Authority (EBA) recently published its final revised Guidelines on money laundering and terrorist financing risk factors. The revisions take into ...
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Huawei and Bluecode introduce a mobile payment option
The Switzerland-based mobile payment provider Bluecode has announced a cooperation with Huawei to offer its customers a mobile payment option. This mobile payment option is meant to ...
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Revolut Launches as a Bank in 10 European Markets
Revolut, the global financial platform with more than 15 million customers worldwide, has operationalised its European specialised banking licence in 10 European markets. ...
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SA fintech group secures $15-million in funding
Joburg-based fintech group Adumo has received $15-million in funding from IFC, a member of the World Bank Group, and the IFC Financial Institutions Growth Fund. Adumo ...