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International Financial Corporation closes $20 million investment in Zepz

Zepz, the Group powering global remittance brands WorldRemit and Sendwave, has announced that the International Finance Corporation (IFC), a member of the World Bank Group, has closed its $20 million equity investment in the company.

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Shariah-compliant ethical bank Gatehouse Bank launches community sports fund

Gatehouse Bank has announced the launch of a community sports fund which aims to support local, grassroots sports teams.

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23% of LGBTQ+ talent not comfortable being 'out' at work in financial services

Four in 10 (40%) Gen Z LGBTQ+ professionals believe leaders in the financial services industry are ineffective at being allies to the LGBTQ+ community, finds a new report from LGBT Great. This issue is likely to intensify as Gen Z, the most diverse generation to enter the workforce—with 17% of global respondents identifying as LGBTQ+1—continues to shape the future of work.

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Gatehouse Bank and ColCap collaborate to provide Shariah-compliant home finance

Gatehouse Bank plc has today announced a new partnership with ColCap Financial UK Limited.

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Universal Digital Payments Network and Forus Digital co-operate on CBDC testing environment

In Sub-Saharan Africa, approximately 105 million adults are unbanked and lack proper identification documents.

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TransferTo and Ecobank ink MoU

TransferTo, a Singapore-based global technology group, and Ecobank Group the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa.

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Cross party group of MPs opens inquiry into access to banking

A cross-party group of MPs has launched an inquiry into access to banking which will look at issues such as the problem of branch closures and access to banking services and financial products for SMEs.

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Former World Bank executive Marko Voljc joins Fingular advisory board

Fingular, a Singapore-based global neobank, announces the appointment of Marko Voljc as the member of its Advisory Board.

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Peruvian SuperApp Yape taps TerraPay for international money movement

To promote financial inclusion and accessibility, TerraPay, a leading global money movement company, has partnered with Yape, the superapp of Peru.

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Orange expands across Africa with support from Mastercard

Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa.

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EFT Corporation and Visa sign five-year deal

EFT Corporation (EFTCorp) and Visa have announced a transformative five-year partnership aimed at revolutionising Africa’s digital payments landscape.

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Smart Money People launches vulnerability working group

Smart Money People, the UK’s most comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations.

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