Paysend Partners Purpl for Lebanon Money Transfers
The partnership between UK-based fintech Paysend and Lebanese remittance platform Purpl can increase financial inclusion by making international money transfers affordable and convenient
Nina Bobro
DBS Bank to Offer Crypto Trading in Hong Kong
One of the largest financial institutions in Southeast Asia, DBS Bank is planning to expand its crypto trading services to Hong Kong as soon as it gets the necessary license
Open Banking Payment Transactions to Surpass $330B Globally by 2027: Research
The simplicity of utilisation and emerging use cases will predictably drive the open banking growth, helping unlock its full potential
KPMG: ESG Tops Regulatory Demands in Finance While UK & EU Rules Diverge
KPMG’s Regulatory Barometer showed that financial service firms in the UK and the EU remained under significant pressure to comply with diverging ESG requirements over the last 6 months
UAE Central Bank Launches Digital Finance Initiatives
The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub
SunFi Helps Nigerians to Find, Finance and Manage Solar Energy Solutions
SunFi, the Nigerian fintech startup, has raised $2.3 million in seed funding to connect people and businesses who want solar energy access to payment plans that match their needs
INVEX Banco Launches Mexico-Based Neobank Now
INVEX Banco, a private Mexican bank with almost 30 years of operations in the market, has introduced the fully-digital neobank – Now
Egyptian Fintech MNT-Halan Becomes Unicorn
MNT-Halan, one of Egypt’s fastest-growing fintechs, has received $400m in fresh funding. After the completion of additionally discussed investments, MNT-Halan’s valuation will exceed $1 billion
India’s Retail Giant Trials CBDC
Reliance Retail – India’s largest retailer – takes part in the large-scale trial of digital rupee CBDC. The network will start accepting the new payment instrument at its Freshpik store
Klarpay Expands International Payment Offering With 13 New IBAN Accounts
Swiss business payments platform Klarpay adds 13 new currency IBAN accounts to its cross-border payment offering to empower digital businesses to expand their international reach
ECB Reveals Euro Area Lending Trends
January 2023 euro area bank lending survey by European Central Bank (ECB) revealed significant tightening in credit standards for all loan categories along with subdued business loan demand
GBPT Stablecoin Integrates into 18,000 ATMs in UK
Thousands of crypto ATMs in the United Kingdom now allow customers to withdraw cash for GBPT, a stablecoin backed by British pound
BharatX Partners Snitch for BNPL Services
The partnership allowed Indian clothing brand Snitch to enable the white-label BNPL option provided by BharatX on its checkout page
M&G Wealth Introduces Hybrid Robo-Advisor App
Financial advisory M&G Wealth has rolled out a robo-advising investment platform, using an algorithm to determine a suitable portfolio for each customer’s risk appetite
Binance Pay and DT One Jointly Launch Mobile Top-Ups
The contactless crypto payment platform Binance Pay will provide users with a convenient mobile top-up solution and more crypto use cases through the partnership with DT One
Green Investment Hit a Milestone in 2022
Green investment globally reached the levels of funding put into producing fossil fuels for the first time in 2022 – the important milestone was enabled by dramatic growth in carbon capture investments
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