10/27/2023
ICT sector comes out tops in latest Southern Africa venture capital industry survey
The local ICT sector held the largest allocation by number of active deals held in portfolios at the end of 2022 (40.6%)
Innovation & Startups
10/27/2023
Kenyan Startup Enables WhatsApp Commerce in Africa
The company has developed a B2B tool enabling companies to reach and transact with customers directly within WhatsApp.
10/27/2023
BoE's Jon Cunliffe: Digital pound likely needed by 'end of the decade'
Concerns around privacy remain
10/27/2023
Where to Relocate: Cayman Islands With Cayman Islands Monetary Authority
The jurisdiction has taken a phased approach to implementation of the VASP legislative framework, which is being done in two phases.
10/27/2023
Ivy Growth Associates plans $30M fund for pre-Series A startups by FY25
The fund will be backed by contributions from their personal resources and micro VC capacity.
10/26/2023
Room Zero Announces Deal With Jupiter Asset Management
Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information.
10/26/2023
SEI Reports Third-Quarter 2023 Financial Results
Third-quarter 2022 results included one-time costs of the voluntary separation program of $57.0 million resulting in $0.32 diluted earnings per share.
10/26/2023
UK government backs smart data challenge
Individuals and organisations are being asked to offer cross sector solutions that illustrate the potential benefits of smart data for consumers, small businesses and wider society.
10/26/2023
UK venture capital is growing again, fintech leads the charge
UK startups raised more venture capital from US investors in Q3 than they did from domestic sources
10/26/2023
Idex Biometrics signs with Kona I for launch of recycled PVC and metal biometric payment cards
Biometric metal cards are in demand by both challenger and traditional banks.
10/26/2023
Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud
Temenos digital and core banking solution will enable the bank to provide innovative products faster to retail and corporate customers in Sudan and around the world
10/26/2023
Ajman Bank launches retail super app in partnership with Codebase
Leveraging Digibanc’s microservices architecture
10/26/2023
HedgeFlows joins Barclays Rise Growth Academy
The digital-first programme is designed to accelerate the journey of founders as they scale their Fintech ventures.
10/26/2023
Kota secures €5m to modernise employee benefits
Previously known as Yonder, the new funds bring the fintech’s total raised to €7.6m
10/25/2023
How technology is transforming trade finance
The need for tighter regulatory compliance is not in question, but to avoid negative side-effects, such compliance needs to be accompanied by a transformation of the way trade finance is conducted.
10/25/2023
Room Zero scores five-year deal with Jupiter Asset Management
Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information.
10/24/2023
Metro Bank organises tech workshops for kids
The micro:bit was originally created as part of the BBC’s Make It Digital initiative.
10/24/2023
Fear and loathing in fintech IPO-land
The AltFi Fintech Index is showing a softening in sentiment to stocks in recent weeks but fintechs appear to be hiring for a brighter future
10/24/2023
Mambu celebrates latest digital banking triumph in Australia
SaaS banking fintech Mambu is hailing a new milestone in Australia, having welcomed on board the 10th well-known financial services provider to become a Mambu customer.
10/24/2023
Rabobank expands Murex footprint in Brazil
This replacement project follows previous front office and risk implementations.