Mastercard Adds Advanced Analytics to its Open Banking Platform to Assist SMBs
Mastercard has improved the Open Banking platform delivered by its subsidiary in order to facilitate diverse and inclusive credit models for small business loans
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India & Singapore to Officially Link Payment Systems
Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity
Mastercard & Copal to Launch Family Payments App in Egypt
The family payments solution brought by Egypt’s digital payment provider Copal in partnership with Mastercard aims to drive financial inclusion by integrating underbanked youth into the formal economy
SEC Proposes Tougher Rules for Crypto Custodians
US Securities and Exchange Commission proposed amendments to the “2009 Custody Rule” that will apply to custodians of “all assets” including cryptocurrencies
Hala Acquires Paymennt.com
Saudi fintech company Hala announced the purchase of a payment startup from the UAE Paymennt.com.
AdalFi Raises $7.5 Million to Fix Pakistan’s Broken Lending System
Fintech company AdalFi, which is based in Pakistan, announced the attraction of initial financing for 7.5 million dollars.
Binance Expects to Pay Penalties to Settle US Investigations
Binance, the world’s largest crypto exchange, has announced its intention to pay fines for settling investigations into its business in the United States.
Vipps Seeks EU Antitrust Help Against Apple
Norwegian fintech Vipps asked for help from the European Union in an antitrust fight against Apple.
Shift Raises A$27 Million
Shift, a provider of credit and payment platforms for Australian businesses, has attracted investments in the amount of AUD$27 million following the results of the Series C financing round.
Sandbox Banking Secures $4.3 Million in Seed Financing
Sandbox Banking, a fintech company creating a low-coding banking integration platform, has announced the completion of strategic investments led by Horizon Ventures.
Apexx Global to Offer Trustly’s Recurring Payments Method to Merchants
APEXX Global, a platform for organizing payments, announced the beginning of cooperation with Trustly, a global payment platform for digital transactions between accounts (A2A).
Abu Dhabi Launches $2 Billion Program for Web3 and Blockchain Development
The Hub71+ Digital Assets will be an ecosystem promoting the success of blockchain and Web3 startups.
EziPay Joins MFS Africa to Support Remittances Across the Continent
A newly-formed partnership between African digital wallet company EziPay and digital payments gateway MFS Africa will bring last-mile connectivity for remittances across the continent
UK Fintech Investment Declines 56% in 2022
UK, which had managed to maintain robust levels of fintech investments longer than its European counterparts, saw investment numbers sharply fall last year
Starling Launches Saving Product for Business Customers
Starling Bank launches its first savings product for small businesses.
Taurus Raises $65 Million to Grow Digital Asset Platform
Taurus, a Swiss-based company, has attracted $65 million in investments following a Series B funding round.
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