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China is dominating geopolitical headlines – from the country’s unique challenge with COVID-19 to tensions with Hong Kong and the United States as Chinese leaders gather for the country’s annual National People’s Congress. But fintech observers would do well to consider developments in China’s neighbor to the southwest, India, whose fintech sector continues to challenge Read more…
Blockchain-powered payments platform Paystand has raised $20 million in Series B funding. The investment, which the company will use to grow its products and services, as well as sales, marketing, and engineering teams, featured the participation of both new and existing investors. “We made a promise to reboot commercial finance because it’s insecure, inefficient, and Read more…
Is there anyone out there who is NOT trying to secure a digital banking license in Singapore? The Monetary Authority of Singapore (MAS) announced last week that it has received 21 applications for digital bank licenses. A decision is expected in June, and the fortunate five who receive licenses will be able to launch their Read more…
On Finovate.com Jumio Partners with Philippines Remittance Provider I-Remit Around the web Sezzle’s Karen Hartje wins recognition from Minneapolis/St. Paul Business Journal as its 2019 CFO of the Year. FIS earns number one ranking for risk management and compliance technology solutions from Chartis RiskTech100 for the fifth year in a row. Kinetica announces integration of Read more…
On Finovate.com Singapore’s CredoLab Partners with CIMB Bank Philippines in Bid to Boost Financial Inclusion. Refinitiv Inks Strategic Partnership with SigFig. PayPal’s move into China is a big deal. Our latest FinovateAsia Sneak Peeks are up! Meet FinBit Upgrade Pack ChintaMoney ExchangeConnect fcase Libertypool Around the web DriveWealth appoints Julie Coin as new President. NOVO Read more…
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 Indian financial services marketplace MyMoneyMantra raises $15 million in funding. Razorpay, Read more…
On Finovate.com Infosys to Power GTB’s Digital Strategy in Myanmar. UBX and Temenos to Deliver Inclusive Digital Banking to Philippines. Fortress Identity Teams with Visa. Around the web Chain.de interviews Bitbond CEO Radoslav Albrecht. Persistent Systems recognized as an Innovator in Avasant’s Internet of Things Services RadarView Report. Daily Entrepreneur interviews NestReady’s CRO Marcos Carvalho.
On Finovate.com Checkbook Teams Up with Event Management Platform Castifi. TransferWise Doubles Valuation with $292 Million Funding. Bill.com Unveils New Intelligent Business Payments Platform. Around the web CardFlight partners with payment solutions provider Talus. Revolut introduces social savings solution, Group Vaults. Plaid unveils its easy integration toolkit, Plaid Direct. Temenos forges partnership with UBX, the Read more…
Expense tracking software company Expensify has integrated with Southeast Asia-based ridesharing startup Grab to automate expense tracking and rideshare reimbursement for Grab users. When they connect their Expensify account to their Grab business profiles, Expensify customers who live in or travel to Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia can automatically create and Read more…
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 Mexican fintech Albo raises $7.4 million in Series A Read more…
A collaboration between alternative credit scoring specialist CredoLab and personal finance comparison site GoBear will make it easier for the underbanked to get access to credit. A new smartphone app, Easy Apply, will leverage CredoLab’s credit assessment technology to serve underbanked markets of Indonesia, Philippines, Thailand, and Vietnam. Easy Apply leverages CredoLab’s predictive credit scorecard solution Read more…
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. Africa Lidya Scores $6.9 Million in Series A Investment. Kenya finance ministry publishes Read more…