ICYMI funding round-up: Mavience, VitraCash, KogoPay & more
We round up another selection of deals you may have missed.
bankingtech.com
Microfinance
Sèvis Finansye Fonkoze upgrades core systems with Temenos and SG NewTech
The Haitian microfinance firm is upgrading its Temenos IBS system.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Banking Technology October 2019 issue out now
Lessons from Africa.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Sibos 2019: IBM’s initiative for social good
AI to combat social issues is “not philanthropy”, but rather an initiative.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Tala raises $110m for expansion plans
PayPal Ventures also participated in the round.
Secured cards: public relations ploy or financial health builder?
They can be a critical tool for financially vulnerable people.
RBC launches student experience on mobile app
The ‘Mobile Student Edition’ is designed to tap into the Gen Z market
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
White paper: How to scale a fintech
Download the GoCardless white paper now
eBay launches cash flow loans with Asto
The app will provide eBay small business customers with a simple cash flow loan when they need it.
SoFi goes insurtech with Lemonade and Root
Until this month, SoFi’s insurance offering was limited to life insurance.
Finicity Partners accelerates Pulte Mortgage’s asset verification
Reducing the time-consuming, manual, and paper-intensive process “from weeks to minutes”.
OnDeck acquires Evolocity
Catering for small businesses in Canada.
Top ten banking tech case studies in 2018
Banks and FIs from around the world share their tech modernisation experiences.
Wahed Invest obtains $8m from existing investors
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
A three-fold approach to successfully digitising a microfinance business
MFIs must “go digital” to thrive, but what steps they have to take to achieve this?
Webinar: Reimagining banking’s role in a micro-enterprise economy
Join us for a live webinar on Wednesday, 26 September!
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
TD launches TD Ready Challenge to open industry to humanitarian initiatives
Canada’s TD bank opens its Ready Challenge to “world-changing” solutions.
Banking Technology April 2018 issue out now
You sought symmetry. And fintech came to you.
TransferTo and Fern Software get UN funding for payments push
Cross-border mobile payments network TransferTo and banking software provider Fern Software have both been awarded a grant as a part of the United Nations Capital Development’s Shaping Inclusive Finance Transformation (Shift) Challenge Fund, reports Julie Muhn at Finovate (Banking Technology’s sister company). The goal of the fund is to use remittances to improve the economic power of women […]
Credo Bank completes Temenos T24 core banking system upgrade
Credo Bank, a Georgia-based bank providing sustainable financial services for micro businesses and SMEs, has moved to the latest version of Temenos’ T24 core banking system.
Ruby Hill Microfinance opts for Abacus core banking system
A new microfinance entity in Myanmar, Ruby Hill Microfinance, has signed for the Abacus core banking system, provided by Fern Software.
Microcred looks ahead with BankBI business intelligence software
Microfinance entity Microcred has chosen BankBI’s business intelligence software applications as part of its move into retail banking. As reported last year, Microcred said it plans to become a fully-fledged retail bank and grow its presence from nine to 17 countries by 2020. It has opted to keep its long-standing technology provider, Temenos, and upgrade […]
DFS Innovation Lab launches fintech bootcamp
Powered by the Bill and Melinda Gates Foundation, the Digital Financial Services (DFS) Innovation Lab has launched a new high-intensity fintech bootcamp for companies in Sub-Saharan Africa and and South Asia.
New banking platform for MFIs in Nepal
34 microfinance entities in Nepal have joined forces to set up a fintech company – Nepal Finsoft – to build and maintain a shared core banking platform.
Mambu plans to onboard 50 new clients by year-end
Fintech vendor Mambu says it has added 25 new clients to its portfolio this year and is set to double this figure by the end of 2016. It will also more than double the size of its team by the year-end. “All [of Mambu’s new customers] are focused on servicing consumers and businesses poorly reached by […]
VisionFund International opts for BankBI’s business intelligence solution
VisionFund International (VFI), the microfinance arm of World Vision, has selected BankBI’s cloud-based business intelligence and analytics solution. The Microsoft Azure-deployed solution will be used in 32 countries. VFI plans to centralise its data management and reporting efforts across its operational, social performance and financial data, as it wants to “capitalise” on opportunities in rural […]
Cambodia’s Prasac launches remote banking with Compass Plus
Prasac, the largest microfinance institution (MFI) in Cambodia, has launched internet and mobile banking services using the TranzWare multi-card processing solution from Compass Plus. Its customers can now transfer money between their accounts, pay bills, top-up their mobile phones, manage their cards, check their balances and get a mini-statement by logging on to their internet […]
Interview: Rupert Scofield, founder of Finca International
Rupert Scofield, president and CEO of microfinance organisation Finca International, discusses how it brings banking to the developing world and why people should follow America’s lead in the art of philanthropy. “This is your world. My generation had its shot. We thought our problems were daunting but it’s nothing like the stuff you’re dealing with. […]
Finca Bank Georgia in digital banking system revamp
Finca Bank Georgia, an affiliate of Finca International, a global microfinance organisation, is looking to modernise its online and mobile banking systems. The bank has recently issued a tender to find a new provider and software. Banking Technology understands that the selection is in its final stages at present, with contract negotiations underway. Once the […]
ICYMI funding round-up: @TomoCredit, @go_lightyear, @xmargintrading, @Coinfirm_io & more spr.ly/6014y71Z2
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