Xendpay Joins RippleNet to Bring Fee-Free Cross Border Payment Options to SE Asia

By David Penn Posted on

By joining RippleNet – the global payments network that leverages blockchain technology to quickly and inexpensively facilitate transactions – cross-border money transfer specialist Xendpay will bring its fee-agnostic remittance service to customers in countries like Bangladesh, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. This includes access to its Pay What You Want feature that enables Read more…

Brazil’s NuBank Scores $400M; Poland Launches $737M Co-Investment Project

By David Penn Posted on

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 CompareAsiaGroup picks up $20 million in Series B1 funding in round led by Experian. Read more…

Splitit Brings Installment Payment Options to ASEAN Merchants

By David Penn Posted on

A new partnership between Splitit and payment service GHL ePayments will make Splitit’s installment payment solution available to more than 2,000 online merchants in Malaysia, Thailand, Indonesia, and the Philippines. The deal will allow GHL to offer Splitit’s installment payment option to its customers, and enable Splitit to grow its presence in the Asia-Pacific region, Read more…

Open Banking Advances in Nigeria; Singapore’s soCash Secures $6M Series B

By David Penn Posted on

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 Prestanómica raises $300,000 in Series A funding. TechCrunch Read more…

Settle Launches Mobile App in Croatia; Sr. Pago Partners with American Express

By David Penn Posted on

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 RISQ Teams Up with Aion Digital to Boost SME Lending in Read more…

Trulioo Can Now Verify Customers in 4 New Countries

By Julie Muhn (@julieschicktanz) Posted on

To 100 countries and beyond! Identity verification specialist Trulioo announced this week it is bulking up the list of countries for which it is able to conduct electronic identity verification (eIDV). Customers in Bahrain, Georgia, Iceland, and Qatar can now be verified via GlobalGateway, a database that enables organizations to run identity verification checks on Read more…

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

By David Penn Posted on

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…

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

By David Penn Posted on

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

By David Penn Posted on

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…

IBM Debuts Blockchain Network for Cross-Border Payments

By David Penn Posted on

  IBM has unveiled a global blockchain network, Blockchain World Wire, that will offer near real-time cross-border payment exchange and international settlement. Blockchain World Wire can transfer funds in 47 currencies to locations in 72 countries, and the company is calling it the first blockchain network of its kind to integrate payment messaging, clearing and Read more…

Categories: IBM

Finovate Global: Fintech News from Around the World

By David Penn Posted on

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 MoneyTap, DLT-based payment app developed by SBI and Ripple goes live in Read more…

Finovate Global: Fintech News from Around the World

By David Penn Posted on

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 Poland’s Horum Bank, a mobile bank based on blockchain Read more…