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Latest Results from /inclusion

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LemFi raises $33m for immigrant-focused payments platform

LemFi, a fintech platform providing international payment services for immigrants, has raised $33 million in a Series A funding round led by Left Lane Capital.

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Digital Dollar Project and Western Union pilot CBDC for cross-border remittances

The Digital Dollar Project says a pilot carried out with Western Union into the use of CBDCs for cross-border remittances has found a host of potential benefits.

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India central bank to launch credit tech platform

The Reserve Bank of India (RBI) is planning to develop a public technology platform for credit transactions.

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Irish fintech funding slows down

Funding levels in Ireland's fintech sector have fallen again in the last 12 months due to economic and geopolitical challenges.

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FCA to take ‘balanced’ approach in access to cash regime

Through the Financial Services & Markets Act 2023 (FSMA), the UK parliament has given the FCA the power to seek to ensure reasonable provision of cash deposit and withdrawal services for personal and business current accounts in the UK or part of the UK.

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Survey suggests industry divided on CBDCs

The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.

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Indonesia and Singapore set to introduce QR code payments

The central banks of Singapore and Indonesia are planning to introduce the use of QR codes for cross-border payments between the two countries.

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Neobank Zolve offers immigrant customers mobile plans

Zolve, a neobank for immigrants to the US, has teamed up with telecom-as-a-service platform Gigs to launch its own branded mobile phone plan service.

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India to add AI-powered conversational payments to UPI

The Reserve Bank of India has set out plans for a host of new fintech developments, including AI-powered "conversational" payments on the country's UPI system and a public digital platform for the provision of frictionless credit.

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Bangladesh Bank selects Fime for launch of domestic card scheme

Fime has won a six-year contract with the central bank of Bangladesh to help launch the nation's domestic card scheme.

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UK financial app Pockit raises $10m

Pockit, a UK fintech that provides financial services to low-income and underserved customers, has raised $10 million in a growth round led by Puma Private Equity.

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French privacy watchdog questions Worldcoin data collection legality

France's privacy watchdog says that the legality of Worldcoin's biometric data gathering "seems questionable," according to Reuters.