FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Open Banking Firm Tarabut Gateway Partners With Four Saudi Banks
Open Banking Firm Tarabut Gateway Partners With Four Saudi Banks
May 31, 2022  |  Partnerships

Bahrain-based open banking platform Tarabut Gateway has formed four new banking partnerships in the Kingdom of Saudi Arabia (KSA) as part of its expansion into...

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How ‘Super FinTechs’ Enable Go Anywhere Banking Services
How ‘Super FinTechs’ Enable Go Anywhere Banking Services
May 31, 2022  |  Payments Innovation

In much the same way that a myriad of standalone apps are now converging into “super apps,” the emerging “super FinTech” model is powering new...

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Global Startup Uncertainty Drives Mega Investments in Africa’s Burgeoning Tech Scene
Global Startup Uncertainty Drives Mega Investments in Africa’s Burgeoning Tech Scene
May 31, 2022  |  Fintech Investments

$4.6 billion. That’s the record amount of venture capital (VC) funding African tech startups raised in 2021, a 150%+ year-on-year increase and larger than the...

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Indonesian Tech Firm GoTo Reassures Investors of Growth as Net Losses Triple in ’22 Q1
Indonesian Tech Firm GoTo Reassures Investors of Growth as Net Losses Triple in ’22 Q1
May 30, 2022  |  Earnings

Ride-hailing and eCommerce firm GoTo Group, in its first quarter as a public company, has posted 53% gross revenue growth, which sees it accelerating from...

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Kennek Debuts Plug-and-Play Credit Infrastructure on Mambu’s Cloud Platform
Kennek Debuts Plug-and-Play Credit Infrastructure on Mambu’s Cloud Platform
May 30, 2022  |  Loans

Lending solution Kennek will debut a new “plug and play” credit infrastructure on cloud banking platform Mambu to help alternative lenders and credit investors with...

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Mondu Notches $43M for B2B BNPL Services
Mondu Notches $43M for B2B BNPL Services
May 30, 2022  |  Investments

Buy now, pay later (BNPL) company Mondu has raised $43 million in a series A funding round, the firm announced in a Monday (May 30)...

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Uganda-Based Customer Onboarding Platform Laboremus Receives Expansion Funding
Uganda-Based Customer Onboarding Platform Laboremus Receives Expansion Funding
May 29, 2022  |  Digital Onboarding

Uganda-based B2B FinTech Laboremus, which enables customer onboarding, has gotten funding to help it expand its product offerings, a press release said Friday (May 27)....

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Today in FinTech: Alternative Lending; Airfreight Payments; Blockchain Tech
Today in FinTech: Alternative Lending; Airfreight Payments; Blockchain Tech
May 27, 2022  |  Technology

In today’s FinTech news, the growing FinTech ecosystem is getting support from the latest alternative asset-based lending fund Viola Credit. Plus, WebCargo is introducing a...

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B2B Payments Gaining Attention Alongside Quest for Speed, Liquidity, Simplicity
B2B Payments Gaining Attention Alongside Quest for Speed, Liquidity, Simplicity
May 27, 2022  |  B2B Payments

Deep thinkers in the payments sector and their tech counterparts have worked tirelessly to perfect consumer experience, while B2B payments got less attention. Then, like...

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