Latest Financial inclusion News: Finextra Research

Tencent and KKR invest in Philippine fintech firm Voyager

Chinese web behemoth Tencent and private equity giant KKR are paying a combined $175 million for a "substantial" minority stake in the fintech arm of Philippines telco PLDT.

04 October 2018

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Afin creates fintech marketplace and sandbox to tackle financial inclusion

The Asean Financial Innovation Network (Afin) has launched API Exchange, a cross-border marketplace and sandbox for financial institutions and fintech firms to work together on financial inclusion projects.

01 October 2018

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South Africa's Jumo scores Goldman Sachs investment for Asian expansion

Jumo, an African fintech startup that helps the underbanked get access to financial services such as loans and savings products, has set its sights on Asia after securing $52 million in a funding round led by Goldman Sachs.

18 September 2018

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Abu Dhabi opens digital sandbox

Abu Dhabi Global Markets (ADGM), the emirate's international financial centre, has further underlined its fintech ambitions with the launch of a digital sandbox.

18 September 2018

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Gates and Bezos back UK startup bidding to end payday poverty cycle

A week after Wonga went into administration, a Bill Gates and Jeff Bezos-backed UK startup has launched, vowing to put an end to the payday poverty cycle by letting employees access their wages early.

11 September 2018

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UK's Tech Nation picks 20 fintech programme members

The UK government-backed Tech Nation has picked 20 early-stage startups to join its new fintech programme, promising to give them intensive backing to help grow their businesses and the country's financial technology ecosystem.

06 September 2018

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SynapseFI raises $17m for fintech back office platform

SynapseFI, a San Francisco-based startup that provides things like payment and lending products to fintech firms via APIs, has raised just over $17 million in a Series A funding round led by Trinity Ventures and Core Innovation Capital.

05 September 2018

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Paytm rolls out AI cloud for India's developers

India-based digital payments firm Paytm has announced the launch of AI Cloud India, a platform designed to help developers, startups and small businesses create their own payment-related apps and services.

21 August 2018

/inclusion

Cambodia establishes fintech association

Cambodia has become the latest country to launch a national body designed to foster more fintech collaboration with the launch of the Cambodia Fintech Association (CFA).

17 August 2018

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Finextra goes mobile first

Welcome to the new-look Finextra, optimised for mobile and rebuilt to drive deeper engagement with our growing global community.

10 August 2018

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JPMorgan backs Indian financial inclusion lab

JPMorgan has teamed up with the Indian Institute of Management Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) on a $9.5 million financial inclusion lab backing fintech startups focused on serving lower and middle-income Indians

07 August 2018

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Banco Agrario teams with Telefonica and Comviva on mobile money accounts in Colombia

Colombian state-run bank Banco Agrario is collaborating with IT services firm Comviva and telco Telefonica to provide mobile money and financial services to agricultural farm workers in the country.

07 August 2018

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