Fintech Saudi in partnership with Flat6Labs, a regional startup accelerator, are launching a Fintech accelerator that consists of an intensive innovation and entrepreneurship program spanning 3 months. The partnership brings together Fintech Saudi’s market reach as well as Flat6Labs’ experience and resources to provide 10 startups with all the tools, practices, and resources to scale […]
FinTech
With around 66% of the adult population in Africa unbanked, Fintech is an evolving industry that has huge opportunity to drive financial inclusion outside of traditional banking systems. Startup funding in Africa hit record highs in 2019 while FinTech companies gained more recognition this year amid the current pandemic. Zeepay, a Ghanaian-owned mobile financial services […]
The banking industry has drastically changed over time, money transfers that used to take a number of business days can now be done in milliseconds with a tap of a button. Small exchanges of everyday goods to massive fortunes can now be sent zipping across continents. All matters of trade and commerce has been rendered […]
Unsurprisingly, for a country with a market size of 3.5 million people, Uruguay has a small number of fintechs with only 13 – one less than at the beginning of 2020. The major subdivision of the countries’ fintech industry comprises five parts: fintech enterprise services (FES), payments, exchange, open banking, and investments. Digital payment services […]
Sondrio, Italy, and Paris, France – 10 September, 2020 – Infovista, the leader in modern network and application performance, is helping one of Italy’s long established major banks, Banca Popolare di Sondrio, to deliver ground breaking digital innovations by leveraging Infovista’s Ipanema SD-WAN technology. The solution enables Banca Popolare to provide their clients and employees with digital experiences […]
The AMTD Singapore Solidarity Fund has awarded five Asian Fintech companies with funding – a total of $8.4 million. In a statement released on September 14, 2020, The AMTD announced it has chosen to invest in Fintech platforms spanning across artificial intelligence, SME financing solutions, insuretech, cross-border payment platform, and card payment solutions. Fintech platforms […]
Banks and fintech are collaborating together aiming to combat deepfake video and audio content generated by fraudsters. This type of fraudulent activity takes image manipulation to the next level by using Artificial Intelligence (AI) to produce fake audio and videos. Face-swap videos and voice cloning are the best-known types of deepfake which are used to […]
Founded in the US and led by an experienced Africa-centric team, the new African fintech Makeba announced it has exceeded the intended minimum raise goal. With an initial value of $30 million, the company brought $200.000 during the crowdfunding campaign. Interested individuals were allowed to invest in Makeba for as little as $240 through Wefunder […]
The Fintech scene in Croatia was acknowledged for the first time in 2018 by a broader public, and has witnessed tremendous progress in the past few years. Meetups and conferences were encouraged to inspire and motivate young Croatians to be the leading Europeans in the category of digital skills, by realizing what skills they needed […]
Financial technology (Fintech) aims to compete with traditional financial methods to deliver more efficient services. Fintech’s worth is estimated to be $4.7 trillion in 2020 and around 12,000 Fintech startups have opened worldwide, though a significant impact was felt in the marketplace with the Coronavirus. This is the case with Pakistan, which has an economy […]