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Visa pledges $100 million to drive financial inclusion across Apec economies

Visa (NYSE: V) and Visa Foundation today made several announcements related to their ongoing commitment to support small and micro businesses (SMBs) across APEC and the world.

/inclusion

Nigeria enlists Visa and eGate for digital ID and payments push

The Nigerian government (Nasdra) signed a agreement with eGate and VISA, to enhance the country’s digital infrastructure and provide a citizens digital identity and unified payment cards.

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EduFi secures $6.1 million to launch Study Now Pay Later

EduFi launches the first-ever digital student loan platform in Pakistan, on a mission to empower more students to achieve their academic pursuits and tackle the economic challenges facing families in the pursuit of knowledge for their children.

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Almond FinTech Raises $7M

Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding will help broaden Almond's rapidly expanding network in Asia, the Americas, and Africa, while reinforcing their commitment to making financial services affordable and accessible to people everywhere.

/inclusion

Flutterwave scores Malawi license

Flutterwave, Africa’s leading payments technology company, has announced today that it has obtained official authorization to facilitate international remittances in Malawi.

/inclusion

TerraPay and Nequi team on remittances in Colombia

TerraPay, a leading global cross-border payments network, and Nequi by Bancolombia (“Nequi”), a digital financial platform with customers in Colombia , today announce a landmark partnership designed to transform remittances for Nequi’s 17.5 million customers.

/inclusion

ClearScore appoints Brian Cole as Group CFO

The ClearScore Group, a leading global financial services marketplaces group, announces today the appointment of Brian Cole as Group CFO, effective immediately. A hugely experienced CFO and financial services executive, Brian joins The Group having held senior leadership roles at Capital One, Barclays and Visa.

/inclusion

Dutch banks sign Digital Inclusion Manifest

On 12 October 2023, the four largest banks in the Netherlands, the Dutch Banking Association (NVB) and the Dutch Payments Association met in Almere to sign the Digital Inclusion Manifest of the Dutch Digital Society Alliance (ADS).

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FCA bids to boost diversity in financial services

In consultation papers published today, the financial regulators have set out proposals to boost diversity and inclusion to support healthy work cultures, reduce groupthink and unlock talent.

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Insurtech bolttech attracts new investor in Series B funding round

International insurtech bolttech welcomed leading impact investment firm LeapFrog Investments as a new strategic investor in an extension of its Series B round. LeapFrog’s US$50 million investment adds to bolttech’s recent Series B funding round, now totalling US$246 million, the largest ever Series B round for an insurtech.

/inclusion

Revo Digital welcomes venture capital finance

Revo Digital Family Office (“Revo”, the “firm”), Asia’s first digital family office and a member of Raffles Family Office, is pleased to announce that the firm has welcomed UOB Venture Management (“UOBVM”), Signum Capital (“Signum”), Gate.io Exchange and a Korean single family office as investors (the “investment”).

/inclusion

Mastercard and Bahrain Institute of Banking and Finance team on financial inclusion

Mastercard has joined forces with the Bahrain Institute of Banking and Finance (BIBF), a renowned training and development organization, to drive financial inclusion in Bahrain and the wider region.

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