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Latest Results from /inclusion

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Fintech Albert raises $100m

American mobile banking, saving and investing app Albert has raised $100 million in a Series C funding round led by General Atlantic.

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Davos 2021: PayPal’s Dan Schulman - Profit and purpose being at odds is ‘ridiculous’

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

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Plaid launches incubator for Bipoc fintech founders

Bank data sharing outfit Plaid is launching an incubator programme for early-stage fintech entrepreneurs who are Black, Indigenous, or People of Color (Bipoc).

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Nordea: No deployment of CBDCs in 2021 but greater clarity is coming

2021 will see further clarity offered on the development of central bank digital currencies (CBDCs) but deployment is still some way off, according to Ville Sointu, head of emerging technology at Nordea.

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HSBC to close 82 UK branches; revamps network for digital age

HSBC will close 82 branches in the UK this year as the Covid-19 pandemic accelerates the trend away from in-person banking and towards digital channels.

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Third of Indian households use digital payments

A third of Indian households use digital payments, with usage spread across income groups, according to a survey.

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Ripple creates Malaysia-Bangladesh remittance corridor

Ripple has signed a deal with Malaysia's Mobile Money and Bangladesh's bKash to power a wallet-to-wallet remittance corridor between the two countries.

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Grab raises $300 million to grow fintech business

Singaporean ride-hailing app Grab has raised $300 million for its fast-expanding financial services unit.

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Regulatory innovation advances in the face of Covid-19

While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.

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Green Dot launches mobile bank

Green Dot has launched a mobile bank, called GO2bank, targeting the two in three Americans "living paycheck to paycheck".

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Finextra's year in review

With 2020 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

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Mastercard and Nedbank deliver financial training to micro-enterprises via SMS

Mastercard is joining forces with South Africa's Nedbank to deliver free business and financial literacy training to 9000 micro-enterprises via text messages.