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Polaris Bank renews partnership with Network International

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has renewed its partnership with one of Nigeria’s largest financial service providers, Polaris Bank Limited, to deepen financial inclusion and digital transformation.

/inclusion

Ebax names Wiza Jalakasi director, Africa market development

Ebanx, a payments fintech company helping global companies grow in Latin America and Africa, today announced Wiza Jalakasi as its new Director of Africa Market Development.

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Malaysian fintech du-it crowdfunds to support BNPL platform development

du-it, a Malaysia-based Islamic fintech company (Duittech International Sdn Bhd), has recently launched a crowdfunding campaign in collaboration with Ethis Malaysia, a leading global Islamic crowdfunding platform. The campaign aims to support the development of its innovative Business to Business (B2B) Buy Now, Pay Later (BNPL) platform, which is set to become the first B2B BNPL platform in Malaysia and the first in the world operating in a Shariah-Compliant setting. du-it is dedicated to providing interest-free instalment solutions to businesses, particularly small and micro-sized enterprises.

/inclusion

Paysera partners with Ria Money Transfer for cash pickup service

Paysera launches a partnership with Ria Money Transfer, a global leader in the cross-border money transfer industry and business segment of Euronet Worldwide, Inc. (NASDAQ:EEFT) that enables clients to send money not to a bank account but to the nearest Ria cash pickup location. Ria’s network includes 522,000 cash pickup locations in 152 countries throughout the world.

/inclusion

JPmorgan and Commonwealth expand work on effect of emerging tech on finacially excluded

Today, Commonwealth and JPMorgan Chase announced the next phase of their collaboration to address the challenges and opportunities that emerging technologies present for advancing the financial lives of US workers earning low and moderate incomes, who are disproportionately Black, Latinx, and women-led households.

/inclusion

Mastercard and Obopay team on card to power financial inclusion in rural communities

Mastercard and Obopay today announced their collaboration to launch a financial inclusion card for smallholder farmers and rural communities.

/inclusion

Visa and Tingo to drive financial inclusion for African farmers

MICT, Inc. (NASDAQ: MICT) (“MICT”), through its wholly-owned subsidiary Tingo Mobile, and Visa (NYSE: V), the global leader in digital payments, today announced the launch of their pan-African strategic partnership, which aims to improve access to digital payments and financial services, and drive financial inclusion across Africa.

/inclusion

SC Ventures to collaborate with Yabx on financial inclusion in Africa

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm has entered into a Memorandum of Understanding (MOU) with Yabx, a company incubated by Comviva and part of the Mahindra Group, to address a deep-rooted need for responsible consumer finance in Africa.

/inclusion

Tintra continues fundraising round with a further $10 million investment

Innovative deep tech and banking business, Tintra PLC, continues its fundraising round having received a further $10 million in investment.

/inclusion

National Bonds siggns agreement with Arab Women Authority

National Bonds, the UAE’s leading Shari’a-compliant savings and investment company - has signed an agreement with the Arab Women Authority, the leading NGO aimed at empowering Arab women across the MENA region, to equip women with valuable financial management skills and savings tools.

/inclusion

PE firms Convergence Partners raises $296 million to drive digital inclusion across Africa

Convergence Partners, the leading private equity investor dedicated to the technology sector across sub-Saharan Africa, is proud to announce the successful closing of its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million, surpassing its initial target by over 18%.

/inclusion

Moonfare and Dariu Foundation partner for digital education project

Moonfare, the leading global digital private equity platform, has announced it will support Swiss-based foundation Dariu with a series of events designed to give the NGO access to Moonfare’s global community and increase the visibility of its mission of fostering digital education for children. To kick off the partnership, Moonfare and Dariu are hosting an exclusive dinner in Munich on January 26th.

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