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Standard Bank partners Flutterwave

Standard Bank, Africa’s largest bank by assets, has partnered with Flutterwave, Africa’s leading payments technology company, to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. Flutterwave and Standard Bank are collaborating to build e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later capabilities for millions of Africans.

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Santander invites startups and scale-ups to apply for financial inclusion challenge

Financial inclusion is crucial to reducing inequality and creating opportunity. That’s why Banco Santander (through Santander Universities) and Oxentia Foundation are launching Santander X Global Challenge | Finance For All for startups and scaleups to come up with innovative, scalable solutions that open up banking products and services to everyone.

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Barko to launch digital bank for low income South Africans on Temenos Bankin g Cloud

Temenos (SIX: TEMN), the banking software company, today announced that Barko, a leading microfinance company, plans to enter the retail banking market in South Africa with a new digital bank built on Temenos Transact and powered by The Temenos Banking Cloud.

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Zelle and Fiserv bring real-time P2P payments to minority depository institutions

Early Warning Services, LLC, the network operator behind Zelle, and Fiserv, Inc., a leading global provider of payments and financial services technology, in partnership with financial institutions, empower minority and underserved communities to access real-time payments through Zelle.

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African Development Bank Group, MTN sign $500,000 grant to study women’s access to finance

The African Development Bank (AfDB.org) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria.

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MFS Africa to buy Nigerian super-agent network Baxi

MFS Africa, the largest pan-African digital payments hub, announced today that it had signed an agreement to acquire Baxi, one of Nigeria's leading super-agent networks. The deal, which is subject to approval from the Central Bank of Nigeria, will be the second highest fintech acquisition in Nigeria to date.

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KrediFazz granted Indonesian P2P license for lending service

KrediFazz, a subsidiary of FinAccel that runs as P2P lending fintech, has been officially granted a business license from the Financial Services Authority (OJK) through the Decree of the OJK Board of Commissioners Number: KEP-81 /D.05/2021 dated August 24, 2021.

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Wirex brings its crypto platform to Vietnam

Wirex, the leading payments firm, has launched its crypto platform in Vietnam and increased the range of revolutionary services across 81 others. Adding to the 130+ countries across the globe already taking advantage of their award-winning services, the London-based company has also expanded its popular X-Accounts feature to countries such as India, Ukraine and Russia.

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Mastercard and Citi team on financial inclusion and stability

Mastercard and Citi today announced a new partnership to support local residents and small businesses through greater public-private sector collaboration.

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FinTech Wales completes first foundry accelerator programme

The inaugural FinTech Wales Foundry accelerator, created in partnership with Admiral Pioneer, Principality Building Society and Cardiff Capital Region, has now completed its 2021 programme.

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EY joins P20 financial inclusion coalition

P20 is delighted to announce EY as part of P20’s Financial Inclusion Working Group.

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ADA Impacto founders win inaugural Women’s World Banking award

Women’s World Banking today announced Alexa Varsavsky, CEO and head of product, and Isabel Oriol, CMO and head of business development, at ADA Impacto, as the inaugural recipients of the Female Founder Award, launched this year as a new honor as part of its annual Fintech Innovation Challenge.

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