ACI Invests in Indian Payments; Brazilian Fintech Picks Up $200M from Japan

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Central and Southern Asia ACI Worldwide invests in Mumbai, India-based payments innovator, Mindgate Solutions. Pakistan’s Read more…

Qatar Backs SoFi; Ripple Powers Cross-Border Payments in Brazil

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Middle East and Northern Africa SoFi announces $500 million investment led by Qatar. Emirates NBD Read more…

Brazil-Mexico Fintech Bromance Continues; Iran to Build Blockchain Network

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Central and Eastern Europe FintechOS of Romania raises $1.23 million (€1.1 million) in post-seed funding. Read more…

Revolut Seeks Banking License in Russia; Mastercard Pledges Partnerships with Indian Fintechs

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Sub-Saharan Africa DisruptAfrica profiles TeamApt and its role as the “go to” fintech startup for Read more…

Temenos in Tunisia; Fenergo Backs Blockchain-based KYC in Bahrain

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Asia-Pacific Singapore-based financial supermarket GoBear scoops up $80 million in new funding. Wipro builds prototype Read more…

Amazon Pay Fuels P2P in India; Fenergo Makes Friends in Bahrain

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Latin America and the Caribbean Brazil’s central bank issues open banking guidelines for the country. Read more…

Indian Fintechs Raise Capital; Expensify Partners with Asian RideShare Startup

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Central and South Asia India’s ZestMoney raises $20 million in new funding. Fiserv to streamline Read more…

African Unicorn Jumia Opens on NYSE; UAE’s Finablr Eyes $200M IPO

Finovate Global is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Middle East and Northern Africa UAE-based payments company Finablr prepares for a $200 million IPO. Emirates NBD launches its WhatsApp Business Solution. Awok.com, a mass market ecommerce platform based in the Read more…

Finn AI Powers Chatbots in South Africa; Token Drives Open Banking in MENA

Finovate Global is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Central and Eastern Europe NF Innova to power “Customer-First” experience for APS Bank. Tinkoff Group of Russia builds supercomputer dubbed the most powerful in financial sector. Raiffeisen Bank Serbia picks Asseco Read more…

Virtual Banks Launch in Hong Kong; Can Bitcoin Save Argentina?

Finovate Global is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Sub-Saharan Africa Nigerian payments company Amplify has been acquired by OneFinance (OneFi). Terms of the deal were not disclosed. Tech in Africa profiles Kenyan fintech Branch. Compelo features insurtechs and savings Read more…

Instarem Raises Capital; TurnKey Lender Goes Live in Malaysia

Finovate Global is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Asia-Pacific TurnKey Lender opens new office in Malaysian capital, Kuala Lumpur. Instarem raises $41 million to fund global expansion. Singapore FinTech Association and FinTech Australia ink Memorandum of Understanding. Sub-Saharan Africa Read more…

PayPal in Argentina; Temenos Backs African Challenger Bank

Finovate Global is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Latin America and the Caribbean PayPal invests $750 million in Argentina-based e-commerce company MercadoLibre. First Data to acquire Brazilian electronic funds transfer (EFT) solution provider Software Express. NCR, Bluefin, and Powertranz Read more…