Finovate Global Ireland: Payments, Regtech, and a Central Bank’s Search for Tech Talent

By David Penn Posted on

This week’s edition of Finovate Global highlights recent fintech headlines from Ireland. Dublin-based regtech Fenergo has inked a partnership with Caribbean-based PROVEN Bank. The financial institution will leverage Fenergo’s transaction monitoring solution to enhance and streamline its anti-money laundering (AML) compliance operations. PROVEN Bank Deputy Chief Executive Officer Nikita Kissoon underscored increasing regulatory pressure on Read more…

Finovate Global India: Digital Transformation, Cross Border Payments, and the Digital Rupee

By David Penn Posted on

This week’s edition of Finovate Global highlights recent fintech news from India. A strategic partnership between financial software applications and marketplace company Finastra and Tech Mahindra, announced today, will help corporate banks accelerate their digital transformation journeys. Specifically, the partnership will make Tech Mahindra the exclusive global implementation partner for Finastra’s Cash Management platform. Tech Read more…

Finovate Global Mexico: A Fundraising Unicorn and Open Finance’s Contribution to Financial Inclusion

By David Penn Posted on

This week’s edition of Finovate Global looks at recent fintech developments in Mexico. Mexican digital payments and commerce enablement platform Clip announced a major investment this week. The company, which offers a suite of payments and other financial services solutions to small and medium-sized businesses in Mexico, has raised $100 million in new funding. The Read more…

Finovate Global Egypt: Funding Startups and International Partnerships

By David Penn Posted on

This week’s edition of Finovate Global looks at recent fintech developments in Egypt. Egyptian fintech Sahl raised $6 million in funding An investment of $6 million will help Cairo-based fintech Sahl pursue its expansion in Saudi Arabia. The funds – courtesy of a Series A round led by Ayady for Investment and Development and featuring Read more…

Finovate Global Denmark: Financing Spend Management Solutions and Small Business Tools

By David Penn Posted on

A few days ago, we highlighted the $25.7 million (€24.1 million) investment secured by Danish challenger bank Lunar. Also this week, we noted partnership news from Denmark-based real estate tokenization platform – and FinovateSpring alum – DigiShares. With all this Danish fintech news, we are devoting this week’s edition of Finovate Global to the fintech Read more…

Finovate Global Nigeria: Payments, Supply Chain Financing, and a Look at our African Alums

By David Penn Posted on

This week Finovate Global looks at recent fintech news from Africa’s most populous nation: Nigeria. Nigerian blockchain network Zone secures investment Last week in Finovate Global we noted the news that Nigerian blockchain network Zone had raised $8.5 million in seed funding. This week we’re filling in some of the details of the investment – Read more…

Finovate Global Israel: Identity Verification, Data Privacy, and an Introduction to New Alums

By David Penn Posted on

This week’s edition of Finovate Global reviews the latest fintech headlines from Israel. We also introduce you to a quartet of new Finovate alums – all making their Finovate debuts at FinovateEurope last month – all headquartered in Israel. AU10TIX expands its Digital ID identity verification solution Israel-based identity verification and management specialist AU10TIX announced Read more…

Finovate Global: Fintechs Representing More than 15 Countries to Demo at FinovateEurope 2024

By David Penn Posted on

FinovateEurope 2024 will have its fair share of local talent demoing live on the Finovate stage on 27 February in London. And while we’re looking forward to the return of FinovateEurope 2023 Best of Show winner NayaOne, we’re also excited to meet a whole bunch of U.K.-based fintechs that are making their Finovate debuts: FinovateEurope Read more…

Finovate Global Kazakhstan: Solva Secures Investment, Kaspi to List in the U.S.

By David Penn Posted on

An earlier version misidentified a funding source as Zhang Capital Partners. Some of the more interesting stories in international fintech this week come from the Central Asian nation of Kazakhstan. Solva, a Kazakhstani fintech that provides working capital solutions, has secured an investment of $20 million. The funds will help Solva grow from a microfinancier Read more…

Finovate Global Australia: Payments Partnerships, Verification Pilots, and Debating the Fate of BNPL

By David Penn Posted on

A newly announced partnership between institutional payment orchestration platform Paydock and Australia’s Commonwealth Bank (CBA) will give merchants in Australia the ability to offer their customers a range of new payment options. This new flexibility comes courtesy of PowerBoard, which provides a dynamic payments experience to customers via API, without requiring businesses to make major Read more…

Finovate Global: CFDs, Licenses, and the Latest on Crypto in Central and Eastern Europe

By David Penn Posted on

One of my biggest takeaways from my conversations about digital assets with delegates at FinovateEurope last month was the idea that new use cases will be among the first signs that the industry has emerged from so-called “crypto winter.” That bar is likely years away from being cleared. In the meanwhile, crypto exchanges continue to Read more…

FinovateEurope’s Alumni Alley: Backbase Rebrands, Boku Booms, and SecureKey Finds Opportunity in Acquisition

By David Penn Posted on

This week we began our celebration of FinovateEurope’s earliest alums. In honor of FinovateEurope’s Alumni Alley Showcase – a new feature designed to highlight the innovations of FinovateEurope alums – we’re highlighting the companies that introduced their innovations to Finovate’s European audience more than a decade ago – and are still among the top innovators Read more…