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Latest Results from /inclusion

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UK fintechs have an overall positive impact on the country - Innovate Finance

The FinTech Impact Report 2024 reports that the UK fintech sector has improved financial inclusion and sustainable initiatives across the country.

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Pockit to buy Monese

Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.

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Mastercard targets real-time card payments in South Africa

South Africa is set to become the first country to benefit from Mastercard's push to introduce real-time card payments.

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EIB announces plan to boost funding for European fintechs

The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.

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Remittance firm Zepz raises $267m

London-headquartered money transfer outfit Zepz has raised $267 million in a funding round led by Accel.

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Paysend launches Paysend Libre in Mexico to reach underbanked population

In a push for financial inclusion in Mexico, Paysend has launched Paysend Libre backed by Mastercard.

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Irish fintech spending falls by 90% in H1

The first half of 2024 has seen a dramatic decline in spending within Ireland's fintech industry, reflecting cautious investor sentiment.

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Trinidad and Tobago to roll out India's UPI payments tech

Trinidad and Tobago is the latest country to sign up with NPCI International Payments for the development of a real-time payments system based on India's UPI.

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Bank of England to form AI consortium

The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.

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Revolut bags investment from UAE sovereign fund

Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a stake in the company.

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Hong Kong regulator launches tokenisation pilot

The Hong Kong Monetary Authority (HKMA) has started the second phase of its digital Hong Kong dollar pilot study.

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BlackRock joins Fintech Scotland

The world's largest asset manager, BlackRock, has announced its membership of Fintech Scotland, the promotional for the country's fintech sector.