Unlike other African countries, South Africa also has a functioning credit system with the prevalent use…
Category: Finance
South Korean Insurance Companies’ Earnings Jump
The combined net profit of insurance companies operating in South Korea reached KRW7.63tn ($6.4bn) in the…
Thought Machine hits $1 Billion Valuation
British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that…
valU Intends to Expand in Saudi Arabia and North Africa
EFG Hermes fintech subsidiary, valU, intends to expand in Saudi Arabia and North Africa next year…
Growth of Sustainable Investment in Middle East
Middle Eastern investors may have traditionally focused on governance, but they are increasingly turning their attention…
Mercado Bitcoin to Develop Renewable Energy Tokens
Brazilian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the…
Z1 to Enhance Financial Inclusion and Literacy of Customers
Z1, a Brazilian neobank focused on offering digital accounts and a linked prepaid card to teenagers…
Mastercard Acquires Arcus FI
Mastercard announced it has acquired Arcus FI, an alum of the company’s Start Path program, to…
N26 to Withdraw from the U.S
German digital bank N26 is shutting down its U.S. operations, less than two-and-a-half years after it…
HSBC to Help in Collaborating FinTech Firms and Financial Institutions
HSBC, Europe’s largest lender, is joining The Abu Dhabi Global Market Digital Lab, a platform for…