Umba acquires 66.6% stake in Kenyan microfinance lender Daraja
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
The micro and small business-focused bank is looking to scale across East Africa.
GWCU says it now has a combined total of over 21,000 members.
The key to managing this downturn is to focus entirely on your own circumstances.
The funding will allow the firm to expand its portfolio of credit products “in a sustainable and balanced way”.
What retailers need to know about buy now, pay later (BNPL).
The Series D equity raise, led by Exor, represents Europe’s largest proptech financing to date, Casavo says.
Tavares has more than 20 years worth of experience across technology and engineering.
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
The funds will be used to support SaaS start-ups across the US and Europe.
Home Credit is working towards the launch of its new Global Mobile App.
M2P Fintech plans on rolling out lending products “that are secure, scalable and cloud-ready”.
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
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Get Clarity into mortgage credit risk investing through Freddie Mac.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The firm has also raised $18 million in seed funding.
Lentra says it plans to integrate TDT’s behaviour intelligence platform Cadenz.
Birmingham-based firm plans on achieving full regulatory approval before starting operations.
LFC has also received a preliminary approval from Saudi Arabia’s regulator, SAMA.
The new offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics.
Tella aims to bring change to an industry “known for its manual and process-heavy approach”.
The round was led by Adit Venture Capital and Fasanara Capital.
How lenders can leverage technology to mitigate duplicate trade fraud.
Stashfin says it will use the new money to expand its footprint across South and Southeast Asia.
It has also entered a strategic partnership with ARA Venn, a real-estate debt investment manager.
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
Five questions to build a cultural profile of your new workplace before taking the job.
The announcement was made as part of its crowdfunding campaign with Seedrs.
The acquisition of Accept will make HomeLight the largest agent-focused cash offer programme in the country.
CBA positions Unloan as “a revolutionary force in the Australian mortgage industry”.
“At the heart of the partnership is the delivery of a digital decisioning platform,” Trade Ledger says.
The total funding raised by Allica Bank now stands at £285 million.
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.
The benefits of cloud-native solutions for managing core systems, data management and value creation.
Allica Bank is live with Mambu’s core, while Plazo will use the vendor’s tech to support its lending business.
FinTech Futures chats with Stilt co-founder Rohit Mittal about the firm’s aims to help immigrants in the US.
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The new ‘plug-and-play’ credit infrastructure is targeted at alternative lender and credit investor firms.
A handy round-up of the recent funding endeavours of fintech companies across the globe.