News - page 268

Fintech & Ecommerce

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

Reports

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

Finance & Economics

Starling Launches Saving Product for Business Customers

Starling Bank launches its first savings product for small businesses.

Finance & Economics

NFT Marketplace Magic Eden Cuts 22 Jobs

The NFT marketplace Magic Eden, which is based in the Philippines, has decided to lay off 22 employees.

Finance & Economics

Laos Central Bank Launches CBDC Pilot

The Central Bank of Laos has launched testing of the central bank’s digital currency (CBDC), known as DLak or digital Lao kip.

Fintech & Ecommerce

Visa Partners With Tingo Mobile to Expand Digital Payment Channels Across Africa

Visa partnered with local agri-fintech Tingo Mobile to improve access to digital payments and financial services and drive financial inclusion across Africa

Finance & Economics

Westpac Adds BNPL Functionality to Credit Cards

Westpac is giving credit card owners the opportunity to pay off their bills in four monthly BNPL instalments

Fintech & Ecommerce

Little Wallet Collaborates With Visa to Enhance Financial Literacy Among Kids in Southeast Asia

Singaporean financial literacy startup Little Wallet creating fintech products of educational nature for kids and teens, has signed a partnership with Visa, under the Visa Fintech Fast Track Program

Finance & Economics

Visa Partners With Wirex to Issue Crypto Debit Cards

The partnership will expand to the U.K. and the APAC.

Fintech & Ecommerce

SC Ventures Partners Yabx to Expand Credit Access in Africa

The partnership between SC Ventures and Yabx is leveraging rapid digitization in the financial sector of Africa to increase access to credit for the underbanked across the continent

News

New York Regulators Crackdown on Binance

The company’s complaints to the New York regulator were followed by Paxos being ordered to cease minting Binance BUSD stablecoin.

Finance & Economics

Neobank Aspire Raises $100 Million

Aspire, a Singapore-based neobank has raised more than $100 million in funding following the results of Series C.

Finance & Economics

Landytech Secures $12 Million Series B

Landytech, the company that owns the leading investment reporting platform Sesame, reported receiving an investment of $12 million following the results of the Series B financing round.

News

Apple Pay Set to Launch in South Korea

In the coming months, Apple Pay will be launched in South Korea with the support of Hyundai Card.

Finance & Economics

NatWest to Buy Stake in ESG-Focused Workplace Pension and Savings App Cushon

Cushon’s primary products offer an investment strategy designed to drive down the financed CO2 emissions of customers’ investments. With a £144 million investment, NatWest will become the company’s major stakeholder

Science & Technology

Beware of Romance Fraud: £16.6 Million Stolen in H1 2022

Love is in the air – on Valentine’s Day, UK Finance’s Take Five to Stop Fraud campaign is warning people to stay alert to online romance fraud, which has caused losses of £16.6 million in the first half of 2022