Tag : Africa

Bancara Launches Global Financial Brokerage Platform for Long-Term Investors and Institutions
Finance Fintech News

Bancara Launches Global Financial Brokerage Platform for Long-Term Investors and Institutions

PR Newswire
by PR Newswire0
Multi-Platform Ecosystem | Regulated Access | Strategic Wealth Infrastructure Bancara, a new-generation global financial brokerage, has officially launched its full-service trading and investment platform bringing institutional-grade access, cross-border compliance, and long-term strategic tools to private clients, active investors, and regulated institutions. Operating across key financial regions including Europe, the Middle East, Asia-Pacific, and......
Yabx Launches World's First Gen AI Voice Engine to Drive Financial Literacy in Emerging Markets
Artificial Intelligence Finance Fintech News

Yabx Launches World’s First Gen AI Voice Engine to Drive Financial Literacy in Emerging Markets

PR Newswire
by PR Newswire0
New AI-powered voice engine bridges the gap between access and understanding in the credit journey Yabx, a leading digital lending platform operating across Africa, Asia, and Latin America, has launched a groundbreaking Generative AI-powered voice solution aimed at boosting financial literacy and trust among underserved borrowers. In markets where millions......
Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments
Cryptocurrency Digital Payments Finance Fintech News

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

Business Wire
by Business Wire0
Conduit transaction volumes surged 16x in 2024, surpassing $10 billion in annualized payment volume. It will use new funding to expand its geographic reach and increase the range of fiat and digital currencies supported through its innovative real-time global payment rails. Conduit, a leading cross-border payments platform powered by stablecoins,......
Financial Inclusion through Innovative Payment Systems
Finance Fintech Investments News

M2P Fintech raises Rs. 850 Crores in Series D Financing

Fintech Staff Writer
by Fintech Staff Writer0
M2P Fintech, Asia’s largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company’s valuation at over Rs. 6,550 crores. The funds will......
Banking Business Digital Payments Finance Fintech Guest Posts

Could Gaming be the Gateway to African APM Adoption?

Kamran Hedjri
by Kamran Hedjri0
By Kamran Hedjri, Group CEO at PXP Financial In numerous regions of Africa, traditional banking services remain difficult to access, especially in rural areas. Alternative Payment Methods (APMs) offer accessible transaction channels, opening financial opportunities in underbanked communities. With a thriving gaming community on the continent, could gaming be the......
Bank of Kigali Plc partners with Veefin Solutions to Pioneer Digital Lending Innovation in Africa
Finance Fintech Lending News

Bank of Kigali Plc partners with Veefin Solutions to Pioneer Digital Lending Innovation in Africa

PR Newswire
by PR Newswire0
Bank of Kigali Plc, one of Africa’s leading and most transformative banks, and the largest commercial bank in Rwanda, has partnered with Veefin Solutions, a global leader in Supply Chain Finance (SCF) and Banking-as-a-Service (BaaS) solutions. This partnership aims to drive full-scale digital transformation across Corporate, SME, Agribusiness, and Retail segments. With this......
Accion Launches $152.5M Fund Investing in Digital Transformation of Financial Institutions Serving Small Businesses Globally
Finance Fintech News

Accion Launches $152.5M Fund Investing in Digital Transformation of Financial Institutions Serving Small Businesses Globally

PR Newswire
by PR Newswire0
Global nonprofit Accion announces the launch of the Accion Digital Transformation Fund (ADTx). The $152.5 million fund seeks to enable financial institutions to better meet the needs of small businesses that are currently excluded from the financial system by providing growth capital and strategic support for digital transformation. The fund will build on......
IDC Predicts that ICT Spending in the Middle East, Türkiye, and Africa Will Top $238 Billion in 2024
Finance Fintech News

IDC Predicts that ICT Spending in the Middle East, Türkiye, and Africa Will Top $238 Billion in 2024

Business Wire
by Business Wire0
With the region’s digital economy increasingly taking shape, digital transformation spending will reach $59 billion in 2024 and accelerate at a five-year CAGR of 15% to $88 billion in 2027. That’s according to the predictions presented by International Data Corporation (IDC) last week as more than 400 senior executives from......
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Fintech Fintech Funding News

Pngme, Raises $15 Million Series A to Power the Future of Financial Services in Africa

Fintech News Desk
by Fintech News Desk0
Pngme, the financial data infrastructure and machine learning-as-a-service platform, has raised a further $15 million in Series A funding as it sets out to grow its financial data platform. The round was led by Octopus Ventures and comes less than a year after its $3 million seed round. Pngme, Raises......
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