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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…
This week’s edition of Finovate Global takes a look at recent developments in the fintech industry of the United Arab Emirates (UAE). Thndr, a digital investment platform based in Egypt, announced an expansion to the United Arab Emirates (UAE) this week. The expansion comes after the company secured a Category 3A license with retail endorsement Read more…
The question of deploying AI technology in fintech and financial services is no longer a question of “if” – or even “when.” As our recent spring fintech conference confirmed, innovators and entrepreneurs across our industry have already decided that the answer to both of those questions is “yes” and “now.” But there are hurdles and Read more…
This week, Finovate Global looks at recent fintech developments in France. French start-up Lydia announced the launch of a new digital banking brand this week. Named Sumeria, Lydia plans to invest more than €100 million in the new initiative, as well as hire 400 people over the next three years. Sumeria, according to a post Read more…
Challenge Accepted! Monzo Raises Millions U.K.-based challenger bank Monzo secured an additional $190 million (£150 million) in funding this week, adding to the $426 million (£340 million) raised just a few days ago. The Series I round, totaling $616 million (£490 million) gives the digital bank a valuation of $5.2 billion (£4.1 billion) and represents Read more…
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…
This week’s edition of Finovate Global reviews the latest fintech developments in Central and Eastern Europe (CEE). This region features a diverse range of countries including Albania, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, the Slovak Republic, and Slovenia. More than 250 million people live in the CEE, which has a Read more…
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…
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…
This week’s edition of Finovate Global features the latest fintech news from Germany, where investors are backing innovations in embedded finance, payments companies are taking advantage of open banking, and the green shoots of crypto spring are growing ever more apparent. Solaris secures funding Germany’s embedded finance platform Solaris secured $103 million (€96 million) in Read more…
This week’s edition of Finovate Global takes a look at recent fintech developments and news from Sweden. Over the years, Finovate has been proud to showcase a number of fintechs from Sweden, a country with a population of more than 10.5 million and the twelfth largest economy as measured by GDP. Last month at FinovateEurope, Read more…
This week’s edition of Finovate Global takes a look at recent fintech developments in Latin America. The region was one of the few places in the world to see significant fintech funding in Q2 of 2023. Further, fintech in Latin America will be the focus of a special panel at FinovateSpring in May. Here are Read more…