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Revolut nets £63m from share sale
Digital banking app Revolut has netted £63m ($80m) from US private equity firm TSG Consumer Partners in its latest funding round. The latest ...
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Safaricom targets one million with hire purchase 4G phones
Safaricom is targeting to sell a million 4G-enabled smartphones through a Sh20 a day hire purchase device instalment plan in partnership with Google. The ...
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Mastercard To Improve Cross-Border Business Payments Into China
Mastercard and the Bank of Shanghai announced businesses anywhere in the globe can now send payments to China more efficiently. Under Mastercard Cross-Border Services, commercial ...
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Swiss Re-appoints Pranav Pasricha as Global Head P&C Solutions, Reinsurance
Global reinsurance giant Swiss Re has named Pranav Pasricha, current Chief Executive Officer (CEO) of Intellect SEEC, as Global Head P&C Solutions of ...
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ASEAN’s youth learns financial resilience during pandemic
Young people in Southeast Asia are learning about personal financial management and ways to increase their incomes in order to stay resilient against ...
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India Telcos lost 8.2 million mobile subscribers in April – Telecoms regulator
The first full month of India’s coronavirus lockdown saw the exit of 8.2 million mobile users, led by urban subscribers, regulatory data showed. ...
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Mediatek sales soar – 4G mobile phone chips are out of stock
In recent times, Taiwanese chip maker, MediaTek, seem to be doing quite well for its self. The Taiwanese manufacturer has been in the shadows ...
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Paytm to soon launch stock brokerage services
At the Global Fintech Fest 2020, Paytm Founder Vijay Shekhar Sharma revealed that his company is soon going to launch stock brokerage services. ...
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Indian Banks Increase Cyber Insurance Cover Amid Rising Threats
Indian banks and financial services companies are boosting their cyber insurance cover at a time when businesses have become increasingly reliant on digital ...
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Ecobank offers zero fees on Rapidtransfer to mark National Diaspora Day
In commemoration of the National Diaspora Day, Ecobank Nigeria has stated that it is offering zero fees for money transfers on the Rapidtransfer ...