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Rwanda and Singapore to run inclusive fintech forum

Kigali International Financial Centre (KIFC), Rwanda’s financial centre facilitating international investment and cross-border transactions in Africa, and Elevandi (www.Elevandi.io), a company set up by the Monetary Authority of Singapore (MAS) to advance FinTech in the digital economy, today announced the launch of the first annual Inclusive FinTech Forum, to be held from 20 to 22 June in Kigali, Rwanda.

/startups

Fintech Scotland hits growth targets

A year on from publishing the FinTech Research and Innovation Roadmap, FinTech Scotland announced today that it is on track to hit its targets for economic growth.

/startups

Digital lending platform Presta raises $3.3m

Presta, an end-to-end digital lending platform that modernizes and accelerates the loan origination process, announced its launch today after raising $3.3 million in oversubscribed pre-seed fundraise.

/startups

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.

/startups

LI.FI raises $17.5m to help traditional finance build on DeFi

LI.FI, the leading multi-chain liquidity and data gateway, announced today that it has raised more than $17 million in a Series A fundraise co-led by CoinFund and Superscrypt.

/startups

DoiT to deliver cloud experience to Tenity portfolio companies

DoiT International (DoiT), global provider of cloud technology and consulting services, and Tenity (formerly known as F10), a global innovation ecosystem and early-stage investor for the financial industry, with hubs in Switzerland, Singapore, Nordics and Baltics, and Spain, are forging a partnership to enable accelerated growth for Tenity’s portfolio companies.

/startups

Mass Fintech Hub extends membership

After a successful year of launching new event programming geared towards advancing fintech in the Commonwealth, the Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, today announced a recent expansion of its membership.

/startups

NatWest selects Inicio AI to join Business Accelerator Programme

Female-led start-up Inicio AI is selected to join the NatWest business accelerator programme at the University of Warwick Innovation District hub

/startups

Xelidoni selects Wolters Kluwer’s OneSumX for Risk Management

Xelidoni has chosen to implement award-winning software from Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), having selected the OneSumX for Risk Management solution.

/startups

Pan-African neobank Payday secures $3 million seed round

Payday, the leading Pan-African neobank issuing global (USD, EUR & GBP) accounts to Africans, has announced a $3M seed round, led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors - Dare Okoudjou Founder and CEO of MFS Africa & Tola Onayemi CEO of Norabase.

/startups

Target Global expands footprint in the Middle East

Target Global, one the leading technology investment firms in Europe and Israel with €3 billion in assets under management and 15 unicorns in its portfolio plans to expand its presence into the UAE with the establishment of an official presence in the Abu Dhabi Global Market (ADGM).

/startups

LatAm subscription payments startup Toku raises $7 million in seed funding

On a mission to revolutionize the way companies collect payments in Latin America, Toku, the platform optimizing collections for subscription companies, announced today that it has raised USD $7 million.

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