Latest Financial inclusion News: Finextra Research

Visa pledges to invest $1 billion in Africa

Visa has pledged to invest $1 billion in Africa over the next five years to accelerate the deployment of digital payments across the continent.

15 December 2022

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Bitso and Félix Pago team on crypto-powered remittances via WhatsApp

Latin America's largest cryptocurrency platform, Bitso, has joined forces with remittance provider Félix Pago to enable WhatsApp-based crypto-powered payments from the United States to Mexico.

09 December 2022

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Nigeria limits ATM withdrawals to boost digital payments

The Central Bank of Nigeria has capped daily ATM withdrawals at $45 in order to encourage electronic payments, including the eNaira digital currency.

08 December 2022

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Sustainable Finance Live hackathon winners announced

At Sustainable Finance Live last week, a concurrent hackathon was held alongside the keynotes and panel sessions.

05 December 2022

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Banking platform for Black and Latino communities Greenwood raises $45m

Greenwood, the digital banking startup for Black and Latino people and business owners, has closed a $45 million funding round led by Pendulum, an investment firm designed for founders of colour.

29 November 2022

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Regulators are urging fintechs to boost financial inclusion – CCAF

A recent joint study from the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge and World Bank found that the financial regulators are prioritising fintech business models to contribute to financial inclusion and boost local economies, particularly in Emerging Markets and Developing Economies (EMDEs).

25 November 2022

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European Women Payments Network awards nominees announced

The European Women Payments Network (EWPN), a community for women in fintech, cards, payments, banking and financial services, has revealed the shortlist of nominees for their annual awards.

25 November 2022

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US Treasury calls for closer supervision of fintech-bank relationships

The US Department of the Treasury has called for greater regulation of fintech-bank partnerships in order to prevent abuses and protect consumers.

16 November 2022

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Quona closes $332m financial inclusion fintech fund

Quona Capital, a venture firm focused on financial inclusion in emerging markets, has closed its third fintech fund at $332 million.

08 November 2022

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Singapore Fintech Festival 2022: Ethereum’s Vitalik Buterin on the success of The Merge

Ethereum co-founder Vitalik Buterin graced the main stage at Singapore Fintech Festival to highlight successes since The Merge in September 2022.

04 November 2022

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Singapore Fintech Festival 2022: Deputy PM Wong sets the fintech agenda

Lawrence Wong, deputy prime minister and minister for finance, Republic of Singapore, took to the stage at Singapore Fintech Festival to make several announcements that will set the backdrop for the nation state’s fintech journey in years to come.

02 November 2022

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Ethical lender Plend raises £40m

Plend, a UK "ethical lender" that is ditching the traditional credit system and is instead using open banking data for lending decisions, has raised £40 million in seed funding.

02 November 2022

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