CommerzVentures’, the venture capital arm of German banking group Commerzbank, has closed a €300 million fund,…
Category: Finance
Bunq to Embrace New Financial Technology to Reduce Costs
The emergence of challenger banks over the past decade has not only given consumers more choice,…
Lipa Payments to offer “Tap to Pay” Experience to Africa
Lipa Payments, a South African-based fintech start-up, has secured a R10-million ($659 thousand) investment from Empowerment…
Online Commerce being Reinvented using Concept of BNPL
These past few years have seen the exponential growth of the buy now, pay later (BNPL)…
NayaPay to Build Payment Acceptance and Financial Management Tools
Pakistan-based fintech platform NayaPay has raised $13 million in a seed round to roll out its…
Mashreq buys Stake in NymCard
Mashreq acquired a stake in banking-as-a-service provider NymCard in a move to support FinTechs in the…
First Abu Dhabi Bank Seeking to buy EFG Hermes
First Abu Dhabi Bank (FAB) said they made a “non-binding offer” for a cash acquisition of…
Crypto Adoption Continues in Latin America
More Latin American countries are exploring cryptocurrency regulation. Since El Salvador adopted Bitcoin as a legal…
Thunes Accelerates Expansion into Latin America
Thunes, a Singapore-based FinTech company and a leader in global cross-border payments, is speeding up its…
Neobanks Defining Future of Banking
Neobanks have received significant attention and massive investments from venture capital firms. Despite the global economic…