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Atlantic Money launches in UK after £3m fund raise

Atlantic Money has today announced that its low-cost money transfer service is now available to everyone in the UK, saving them up to 99% on their cross-border payment costs.

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Quickbit and Aqru team up for DeFi promotion

AQRU plc, an incubator specialising in decentralised finance (DeFi), announces today that its wholly owned subsidiary, Accru Finance Ltd., has entered into a partnership with Sweden’s paramount crypto company Quickbit eu AB (publ), to bring its yield-generating products to a wider audience.

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Fasset teams with Mastercard to drive digital payments for Indonesian underbanked

Fasset Technologies Limited (“Fasset”), a global digital asset gateway in the Middle East, today announced a collaboration with global payments technology company, Mastercard, to expand financial capabilities in Indonesia and create economic opportunities for the underserved segment.

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LSE warns bank closures during epidemics increase the digital divide

People from lower socioeconomic backgrounds found it difficult to access online banking during the pandemic, while many still rely on in-person banking services, according to a paper by the London School of Economics and Political Science (LSE).

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11Onze's financial literacy app El Canut launches in UK

Barcelona-based community fintech 11Onze has successfully launched El Canut – the next-generation asset holder for its Diaspora in the UK.

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Qenta unveils fintech platform for emerging markets

Qenta, Inc., (Qenta) a financial services and infrastructure platform with cutting-edge technology and a proprietary enterprise-grade blockchain, the Qenta Operating System, today unveiled an enhanced and integrated suite of financial solutions.

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Indonesia's Mapan secures $15 million equity injection

Mapan, an Indonesia-based leading startup focused on eliminating barriers to financial access for the masses in the country, today announced it has closed a successful Series A round of US$15 million.

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StellarFi launches credit-building product

StellarFi, a public benefit corporation, today announced its credit-building product is now available to everyone. With this news, 132 million Americans — who currently have poor credit or no credit, or are living paycheck to paycheck –– may build their credit rating simply by paying their bills.

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TotallyMoney integrates Drafty via API

TotallyMoney, the credit app which helps everyone move their finances forward, has added credit provider, Drafty to its service via API integration.

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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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