Managers of Wealth Fintech

MFS Africa collects $100M to expand its digital payments gateway across the region

The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt.

Klarna lands in Ireland

In the app, Irish consumers will be able to ‘Pay in 3’ at any online store, regardless of whether they are a Klarna retailer or not.

Mashreq Bank automates bancassurance operations through partnership with WayPoint System

ASSURE Banca Platform will improve operational efficiencies, deliver convenience, and improve personalization to Mashreq's bancassurance customers

American Equity Selects SS&C

Precision LM will manage a $5.4B commercial, agricultural and residential real estate portfolio

MAS and BSP to Pursue Cross-border Payment Linkages

The BSP is taking the initial step in linking the Philippine payment system with those of our ASEAN neighbors, beginning with Singapore.

Danske Bank UK taps Aiia to launch multi-banking for businesses and corporates

The partnership also opens up for a new market entry for Aiia, who will be focusing heavily on empowering the UK and Ireland with their high quality and privacy driven approach to open banking.

Metro Bank confirms takeover offer by Carlyle

Metro Bank has engaged with Carlyle in relation to its Possible Offer and a further announcement will be made as and when appropriate.

UBA GMD wins ‘Finovator of the Year’ Award

The United Bank for Africa, Africa’s global bank, was also named as winner, ‘Excellence in Digital Banking’ award at the same event.

Verto and ClearBank partner to serve SMEs with cross-border payments

Verto addresses FX and payments challenges SMEs face by providing an online marketplace to exchange currencies and make international payments to suppliers.

Chase’s UK current account now available directly via app stores

Chase has been taking a controlled approach to onboarding people, initially inviting users to sign up online. New customers can now download the app straight to their phones and sign up in a few minutes.

VTB introduces contactless ATM withdrawals

Cash withdrawal will occur after entering the verification code, and the receipt will be saved in the application history.

Validus buys KlearCard platform to bolster upcoming SME neobank

Nikhilesh Goel, CEO, Validus, says: "With the acquisition of KlearCard, we are well-positioned to strengthen our support for SMEs with one-stop financial management solutions that make it easier for them to grow and manage their business digitally.&a

Barko to launch a digital bank for low-income South Africans on The Temenos Banking Cloud

Critically, the investment in Temenos’ open banking platform will enable Barko to launch new banking products, from deposit and savings accounts to credit and loans, at speed and at a low cost.

Amount and Marqeta partner for BNPL

Money spent through the BNPL market is expected to nearly quadruple — a 274% increase — between 2021 and 2026.

JPMorgan rolls out digital bill payments platform

Businesses expect their payments partners to offer modern and fast integrated receivables capabilities, such as Digital Bill Payment, and requests for these types of solutions accelerated in the last 18 months.

Westpac tests zero interest credit card

Customers will be able to choose the cycle their repayments fall on, whether it’s twice a month or monthly

Brex hits $12.3bn valuation

The firm has since introduced an all-in-one platform that adds spend management and bill pay software together in a single dashboard for a $49 a month fee.

Telenor Microfinance Bank Goes Live on Temenos

Temenos Transact core banking will enable fast product innovation and massive scalability and efficiency for Pakistan’s leading digital payments platform Easypaisa

DeFi platform EQIFI launches crypto Mastercard

These debit cards allow users of the platform to make real-time payments in-store and online

Al Rayan Bank chooses TruNarrative to provide digital onboarding and fraud risk management

The decision is part of the Bank’s digital transformation programme

Retail Banking