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Mojaloop opens CBDC centre of excellence in Singapore

The Mojaloop Foundation today announced the launch of its Mojaloop Central Bank Digital Currency (CBDC) Center of Excellence (COE) in Singapore to advance financial inclusion in emerging markets.

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Africa-focused fintech startup Fido raises $30M

Fido, a leading fintech company whose mission is to empower individuals and entrepreneurs to reach financial freedom, announces the completion of a $30 million series-A financing led by Fortissimo Capital along with participation from Yard Ventures, the venture capital fund of Harvard alumni, and additional private investors.

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Mastercard makes Central America financial inclusion push

On the margins of the Ninth Summit of the Americas, DFC and Mastercard today announced the first joint program in response to the Call to Action for Northern Central America the Vice President launched in May 2021.

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Nigeria's Interswitch secures funding

LeapFrog Investments (“LeapFrog”) and Tana Africa Capital (“Tana”) today announced a strategic investment in Interswitch, one of Africa’s leading technology-driven companies focused on the digitisation of payments.

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Brazil's Dock raises $110m

Dock, a leading full-stack payments and digital banking platform across Latin America, announced today that it has raised $110 million in growth funding led by Lightrock and Silver Lake Waterman, with participation from existing investors Riverwood Capital, Viking Global Investors and Sunley House Capital, bringing its valuation to over $1.5 billion.

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SC Ventures partners Japanese financial conglomerate SBI

SC Ventures, Standard Chartered’ s innovation, fintech investment and ventures arm, announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings, Inc to expand their portfolio, both at a business and geographic level, and to explore new ecosystems through this partnership.

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LuxSE and UN Women join forces to advance gender finance

The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) to strengthen their cooperation and promote joint initiatives to advance financing for gender equality and women’s empowerment.

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Metro Bank pledges support for improving financial literacy

Metro Bank is one of the signatory companies pledging support for the National Literacy Trust’s Vision for Literacy Business Pledge.

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Juliana Abu Bakar named country manager Wahed Malaysia

Wahed, a global fintech company that provides an efficient, reliable, and accessible way to invest, announced the appointment of Juliana Abu Bakar as Country Head of Wahed Technologies Sdn. Bhd. (Wahed Malaysia).

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LAB Group partners with Complii to simplify financial advice

Australia’s most connected account opening platform provider, LAB Group (“LAB” or “the Company”), is pleased to announce that it has partnered with Complii FinTech Solutions Ltd (ASX: CF1) (“Complii”) to streamline digital onboarding for Complii’s clients.

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QuadFi scores $100m financing facility with Crayhill Capital Management

QuadFi, a mission driven global fintech firm headquartered in Canada, today announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager.

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Wells Fargo partners Operation Hope on financial inclusion

Wells Fargo and Operation HOPE, Inc., a national non-profit dedicated to financial empowerment for underserved communities, today announced plans to introduce HOPE Inside centers in 20 markets that will serve as many as 150 Wells Fargo branches and their surrounding communities across the United States by the end of 2023.

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