Ecobank’s debt listing on the London Stock Exchange on 24 June provoked a lot of reactions.…
Category: Finance
More Digital Banks in Philippines
Sequoia India-backed Tonik Digital Bank and Singapore-based UNObank have secured licenses in Philippines. The Philippines’ latest…
Virtual Banks in Hong Kong are Eyeing Expansion into Wealth Management Business
Like many online-only banks around the world, some of Hong Kong’s eight licensed virtual banks are…
Mercado Bitcoin gets Investment from the SoftBank Latin America Fund
Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, has announced that Mercado Bitcoin has secured…
New Value-Added Tax Rules for Online Shopping in the EU
EU’s VAT system is being updated to keep pace pace with a sharp rise in cross-border…
IFC Launches DigiLab Finance to Boost Tech Adoption
The International Finance Corporation (IFC) launched its DigiLab Finance training and support programme to increase financial…
Standard Bank to Accelerate Digital Transformation in Africa
Standard Bank and Microsoft announced a strategic partnership to accelerate its digital transformation. The bank’s growing…
Cameroon’s Nascent Fintech Industry is Gaining Traction
Digital payment platform for merchants Smobilpay, raised a US$3 million seed round from pan-African fintech MFS…
Absa Blocks Users Buying Cryptocurrencies
Absa’s private banking contact center initially suggested that the new measures, which are believed to have…
Amber Group Raises in a Series B Round from Investors to Boost its Valuation
The latest valuation is ten times that of the company’s Series A closed in 2019. Its…