Íkualo to launch next month as neobank for Europe’s financially excluded immigrant community
The licensed electronic money institution will be able to onboard new customers with just a passport.
The licensed electronic money institution will be able to onboard new customers with just a passport.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The announcement follows the completion of the digital euro’s “investigation phase”, which began in 2021.
The service seeks to bridge the gap between cash and the e-commerce market.
The new platform aims to provide those over the age of 50 with access to competitive savings rates.
The round was led by Canapi Ventures and builds upon the company’s $50m Series B from 2020.
It is the twelfth time Truist Community Development Enterprises has received an allocation.
The deal is thought to complement Block’s 2021 acquisition of Jay Z’s music streaming service Tidal.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
Al Etihad Payments is a wholly-owned subsidiary of the Central Bank of the UAE.
Shah will be responsible for the bank’s IT security and digital channels across various functions.
Through this partnership, Spice Money aims to broaden financial inclusion across India.
Watch this video for an in-depth look at The Greenlend Project.
Carlesi is to depart Molo, which she has led since its inception in 2018, on 25 November 2023.
Flooss is adopting Tarabut’s Income Verification product, enabling direct access to customers’ income information.
Its merger with NESFB will see Slice transition into a small finance bank.
The plan succeeds the bank’s merger with PacWest Bancorp in July, combining assets valued at $36.1 billion.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Keebo applies open banking data in its credit decisioning process to lend to those with thin or limited credit histories.
With the Care Card, patients can access PayZen’s post-service payment plans through a physical and virtual debit card.
Affinity launched its cannabis banking programme earlier this year to provide CRBs with financial services.
Hogg describes Consumer Duty compliance as “a comprehensive, multifaceted obligation that demands a nuanced approach”.
It will position itself as a retail bank offering digital financial services to boost financial inclusion in Pakistan.
Ultimately, the responsibility lies with humans to decide where, when, and how AI is deployed.
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
HSBC previously invested $10 million in Nova Credit’s Series B round in September 2022.
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The deal marks another step in Finbots.AI’s push to scale across APAC.
The product is now expected to be offered to more credit unions and banks in the US.
Amplifi Capital previously received £50 million in debt funding from M&G back in June.
With people living longer and healthier lives, many are working longer and in new and different ways.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The acquisition marks Asaak’s entry into the Latin American market after achieving profitability in Uganda.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
In this episode of the podcast, we’re joined by Helene Panzarino of the London Institute of Banking and Finance.
Archie is led by serial fintech entrepreneur Anthony Thomson and Steve Brennen, a former PayPal director.
AI/ML is advancing at pace, but we might not have all the unintended consequences worked out yet.
We ask three experts what they think could be the next big thing that will completely transform the industry.
SME Finance CEO says the agreement with EIF allows it to offer financing to businesses “on significantly better terms”.