Latest Financial inclusion News: Finextra Research

Madhvi Mavadiya a ‘Standout 35’ winner for Innovate Finance’s Women in FinTech Powerlist

Finextra’s very own head of content, Madhvi Mavadiya, has been named in Innovate Finance’s Women in FinTech Powerlist for 2020.

24 March 2021

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Airtel Africa picks up $200 million investment in mobile money business

The Rise Fund, the impact investing arm of TPG, is to invest $200 million in Airtel Africa’s mobile money business, at a $2.65 billion valuation.

18 March 2021

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BIS study finds global fintech gender gap

There is a significant global fintech gender gap, with men far more likely to use financial technology products and services than women, according to a survey from the Bank for International Settlement (BIS).

12 March 2021

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Cheese launches digital banking platform for Asian communities

Cheese, a US digital banking platform targeting Asian communities, has launched with a pledge to donate $100,000 to nonprofits and community service programmes in support of Asian neighbourhoods and businesses hit by violence and economic hardship during the pandemic.

10 March 2021

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India's NPCI and SBI Payments launch NFC-based SoftPOS system

National Payments Corporation of India (NPCI) has teamed up with a State Bank of India unit to launch a tool that turns NFC-enabled phones into merchant point-of-sale terminals.

10 March 2021

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Why a cookie-cutter approach to VC and funding hinders diversity

During the ‘Women in FinTech: Reshaping the Industry’ session at Citi’s Digital Money Symposium 2021, the panel tackled thorny issues surrounding securing funding to startups founded by females and those from minority backgrounds.

09 March 2021

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IWD 2021: No more talking, it's time for action on female representation in fintech

2020 may have been a year of challenge, but it proved that above all else, digital resilience will remain foundational, not only to female financial inclusion, but to female representation across the fintech sector.

08 March 2021

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PayFazz and Xfers combine to create South East Asian payments network

Indonesia's PayFazz has invested $30 million in Singaporean fintech outfit Xfers to create a new cross-border payments entity, Fazz Financial Group.

05 March 2021

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Indonesian payments infrastructure firm Xendit raises $64.6m

Southeast Asian digital payments infrastructure provider Xendit has raised US$64.6 million in a Series B funding round led by Accel.

03 March 2021

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Rewire raises $30m to build out neobank for migrants

Israeli fintech Rewire, which has developed a cross-border international banking service for migrant workers, has closed a $20 million Series B funding round led by OurCrowd.

03 March 2021

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First Boulevard raises $5m for Black community-focused neobank

First Boulevard, a neobank focused on the Black community, has raised $5 million in a seed funding round joined by Barclays.

01 March 2021

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Facebook and Google eye Indian digital payment network - Economic Times

Facebook and Google are teaming up with Indian firms Infibeam and Reliance Industries on an application to set up a national digital payment network in the South Asian country, according to the Economic Times.

01 March 2021

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