July 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over July.
The latest fintech news, resources and expert analysis in Africa by the leading intelligence provider for the worldwide fintech community.
FinTech Futures takes a look back at five of the top funding rounds to take place over July.
The bank will utilise Network International’s platform for debit, credit and prepaid card hosting and processing.
The international expansion will be aided by both M&As and partnerships.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Part of the funds have been earmarked to build Nala’s B2B payments platform, Rafiki.
Westvig first joined TymeBank in 2023 through its acquisition of Retail Capital.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
TymeBank expects to complete the round in Q4, with hopes of achieving unicorn status.
AstroPay blocked by the regulator from accepting new customer funds and providing payment services.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Centenary Bank signed for a suite of solutions from Oracle FS for front-to-back office modernisation.
Scolaris Finance board chair Dr Simon Aziati cites the adoption of the core platform as “a crucial step”.
Other members of the investment group include PiggyVest, Ventures Platform and P1 Ventures.
The deal will see CR2’s BankWorld platform combined with HPS’ PowerCard suite.
Stanbic Bank Kenya first went live with Temenos’ core banking tech in 2010.
EFG Hermes has also signed an MoU with Kenzi to enhance its EFG Hermes One trading platform.
The bank’s CEO says the partnership will deliver “secure and adaptable financial tools” to consumers.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Roper, who joined the company last year, is set to depart in October.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The acquisition is expected to be finalised in the third quarter of 2024.
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The funds will enable Midas to introduce mutual funds, savings accounts and crypto trading.
G+D will supply the technical support for the initial testing of specific CBDC use cases.
Old Mutual intends to integrate the bank into South Africa’s National Payments System following a testing period.
We chat with Brett Magrath of Chipper Cash about how new paytech solutions are boosting Africa’s middle market.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
The round has raised the Nigerian fintech’s valuation to $750 million.
Fatokun currently chairs the Board Audit and Governance Committee of United Capital.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Tanzania marks the third African country to licence the fintech, following Nigeria and Kenya.
The partnership will focus on expanding Alexbank’s acquiring business and credit card base.
Deel says it has also surpassed $500 million in annual recurring revenue since its inception in 2019.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Influential figures from across the financial industry assembled in London for the final day of FinovateEurope.
TerraPay says the union will enable the bank to “facilitate direct account deposits from any part of the world”.
Be Mobile Africa’s CEO says the “sale of non-financial assets injects vital financial resources” into the firm.