Ghana’s Fido raises $30m Series A to broaden financial inclusion in Africa
Fido has now raised $38m to date and intends to use the fresh capital to launch new financial products in Ghana.
Fido has now raised $38m to date and intends to use the fresh capital to launch new financial products in Ghana.
With this rise in new small businesses comes a need for new banking services catered to these new entrepreneurs.
Imagen is Rewire’s first acquisition and will enable it to provide prepaid debit cards in Israel.
Fiinu is set to be acquired by media company Immedia for approximately £37.5 million.
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
This weekly fintech round-up brings to you funding news from around Europe.
FinTech Futures chats with Stilt co-founder Rohit Mittal about the firm’s aims to help immigrants in the US.
As part of the deal, Mastercard has also invested in HyperPay, leading a $40 million funding round.
ZoodPay enters Pakistan as a new player in its growing digital lending and fintech space.
YAP Pakistan hopes to address the challenges consumers face in the foreign remittance market.
Singapore’s ADDX has now raised approximately $120 million in funding to date.
The latest funding round takes Creditspring’s total funds raised to date to £70 million.
This latest round brings Xendit’s total funding raised to date to $538 million.
The Credit Thing will now use TrueLayer’s recurring payment API for improved customer experience.
The company says the funds will be used to provide up to £100 million in lending to UK SMEs.
Ophelos’ machine learning platform will enable Plend to support customers in debt with “fair” payback options.
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
FinTech Futures speaks with Zirtue co-founder and CEO Dennis Cail about tackling predatory lenders.
Fintech firms cannot disregard the risk of poor mental health among their workforce as ‘just part of the role’.
Nomad previously raised a $20 million Series A round in July 2021.
Zaki will lead strategic partnerships for the fintech firm as part of his new role.
LeapFrog and Tana will work with Interswitch to increase its customer base and develop new products.
Altro aims to help people build credit through recurring payments and subscriptions such as Netflix and Hulu.
Economic secretary to the Treasury John Glen says: “We know that access to cash is still vital for many people.”
MDI aims to drive financial inclusion within Egypt.
CNote has already started moving Apple’s money into the communities through its platform.
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
Representation is imperative for business success, and the fintech industry still has strides to make.
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
The round, led by Global Founders Capital and Backed VC, saw participation from a number of angels.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
Bloom enables teenagers to start building wealth by investing in the stock market and learning about finances.
The latest round takes Copper’s total capital raised to date to $42.3 million.
The company was founded by WePay alumni Parag Gupta (CEO) and Sankate Sharma (CTO).
The co-branded app is aimed at parents and youngsters between the ages of seven and 13.
Moving money where it’s needed quickly, reliably, and cost-effectively is more important than ever.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The facility will be used to provide personal loans to people with limited credit history.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.