Latest Financial inclusion News: Finextra Research

Mastercard partners Microsoft to push digital commerce innovation

Mastercard's research and development arm is teaming up with Microsoft to harness the power of the cloud to drive digital commerce, startup innovation and financial inclusion.

28 July 2020

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UK fintech funding slows amid pandemic

The first half of 2020 has seen investment in the UK's fintech sector slow by more than a third as venture capitalists (VCs) chose to either keep hold of the money or invest in more established companies amid the global pandemic.

27 July 2020

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Revolut nets £63m from share sale

Digital banking app Revolut has netted £63m ($80m) from US private equity firm TSG Consumer Partners in its latest funding round.

27 July 2020

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Orange and NSIA launch Orange Bank Africa

Telco Orange has joined with bancassurance outfit NSIA to launch Orange Bank Africa, catering to the needs of the continent's financially underserved.

24 July 2020

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Ant Financial plans IPO in Shanghai and Hong Kong

Ant Financial has kicked off an IPO set to value the company at $200 billion, with a concurrent listing on the Shanghai Stock Exchange’s Star board and The Stock Exchange of Hong Kong

20 July 2020

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Goldman and Mastercard invest in Bond

Goldman Sachs and Mastercard have joined a $32 million Series A funding round for Bond, a US startup connecting digital brands to banking partners.

20 July 2020

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Covid-19 will ignite new agendas for payment trends and regulations

With the Covid-19 pandemic bringing to the fore long-term trends in the banking and payments industries, professionals shared their views on what lies ahead as part of PayExpo’s digital event.

15 July 2020

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UNICEF turning to cryptocurrency in fight against Covid-19

Global children’s charity UNICEF is looking to greatly expand its use of cryptocurrency as it aims to respond to the demands of donors and better support companies around the world in their fight against the effects of Covid-19.

03 July 2020

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Robocash runs pre-IPO round to launch Philippines neobank

As it prepares to list on the Australian Securities Exchange, Singapore-headquartered alternative lender Robocash is looking to raise US$5 million to launch a neobank in the Philippines.

03 July 2020

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Defining fintech to better understand the changing ecosystem under Covid-19

When discussing the amorphous nature of fintech, Tania Ziegler, the CCAF’s Global Benchmarking lead was struck by how ‘fintech’ is increasingly used as an all-encompassing term, describing a diverse range of organisations that all have financial technology at the centre of their operations and agenda.

02 July 2020

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MFS Africa buys Beyonic to bring cross-border payments to African SMEs

Pan-African digital payments hub MFS Africa has bought Beyonic, a digital payments management provider of business services for SMEs across the continent. Terms of the deal were not disclosed.

30 June 2020

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Zimbabwe moves to suspend mobile payments

Zimbabwe has ordered mobile payments firms to suspend transactions, accusing them of conspiring to sabotage the economy.

30 June 2020

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