On July 16th, UK regulators announced that they would be investigating the rapidly growing use of Big Tech’s e-wallet payment systems.
FinTech
Financial literacy is a crucial skill for today's youth, helping them make smart decisions about their money while using FinTech apps.
Fintech in Nigeria is thriving as well as offering solutions to the SMEs, by handling most of the issues that are associated with SME’s.
Saudi Arabia central bank joined a Chinese-dominated central bank digital currency (CBDCs) cross-border-trial.
Digital tokens such as renewable asset backed cryptocurrency don’t require mining and contribute to a greener transition of the environment.
Robinhood's stock drive by its new credit card launch drives shares to levels not seen in over two years, attracting retail investors.
A global shift towards digital currencies with 134 nations exploring or implementing digital versions of their national currencies.
The Central Bank of Kuwait made an official statement showing the overall data regarding credit card spending which has increased by 16.6%.
The Reserve Bank of India has demanded the closure of Paytm Payments Bank due to the company’s lack of compliance which led to a stock drop.
Vodacom has been ranked as one of the fintech platform in Africa with a growth of 26.8% that occurred in December 2023.