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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 Mookh Africa, a fintech startup from Kenya that has developed a Read more…
On Finovate.com nCino Partners with Secure Trust Bank. Onfido to Secure Drivers for India’s Largest Rideshare Company. Dynasty Financial Partners Teams Up with Cash Management Innovator MaxMyInterest. Continuity to Provide Compliance Tech for Affinity FCU. Around the web CREALOGIX to implement its mobile application platform for VZ Depotbank. Trulioo extends its identity and business verification service Read more…
For international remittance platform Azimo, the world just became a bit more flat. That’s because the U.K.-based company recently expanded its services to allow customers to send money to 10 more countries. Azimo users in Denmark, Norway, and Sweden can now send funds to bank accounts in Thailand, Vietnam, Hong Kong, Singapore, Australia, New Zealand, Romania, Bulgaria, Croatia, Read more…
International money transfer innovator Azimo has locked in $20 million (£15 million) in new funding. The Series C investment was led by Rakuten Capital, and featured participation from a host of investors including e.ventures, Frog Capital, GR Capital Partners, Greycroft Partners, MCI, Quona Capital, and Silicon Valley Bank. The new funding takes Azimo’s total capital Read more…
As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from the Periphery is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. MENA Abu Dhabi Financial Group (ADFG) invests “substantial capital” in U.S. VC firm, 500 Startups. Madfooat.com raises Read more…
Two headlines from NCR Corporation reflect the breadth of the company’s work with financial institutions and underbanked populations around the world. First up is news that NCR has been selected by leading Oman bank, BankDhofar, to overhaul its current self-service banking network. The bank will also deploy NCR’s SelfServ 80 Series ATMs, upgrading BankDhofar’s current Read more…
On Finovate.com Revolut Adds Travel Insurance to its Insurtech Offerings. Going Beyond the Demos this Year Envestnet | Yodlee Unveils Single API Solution to Support PSD2, Open Banking Compliance. Upserve Bolsters Online Ordering Features Around the web Expensify celebrates 10 years of expense reports. Handelsblatt features Kreditech (article in German). Kinetica and UClick push solutions Read more…
International remittance service Azimo has sped up money transfers in Nigeria. Just shy of a year after launching its service in the African country, the U.K.-based company announced last week it has enhanced that service. The revamped money transfers empower users to receive cash at all major Nigerian banks 24 hours per day, 7 days per Read more…
On Finovate.com Modo Brings on Former CEO of Klarna North America, Brian Billingsley Around the web Azimo launches cash pick-up in the Philippines. Ripple’s XRP overtakes bitcoin cash as 3rd largest cryptocurrency. This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Read more…
FinovateFall Best of Show winner Swych has introduced a new set of themed, e-gifting options. The new switchable Occasion, Category, and Event-themed e-gift cards are automatically redeemable in either U.S. dollars or Indian Rupees (depending on location) at retailers matching the category theme. A U.S. shopper who receives a Fashion e-gift card could “swych” it Read more…
India-based online credit processing platform BankBazaar is sure to have a happy Diwali this year. That’s because the company has landed $30 million in a Series D funding round led by Experian. The company didn’t name other contributors to today’s round, but cited existing backers Amazon, Sequoia, Eight Roads (Fidelity Growth Partners) and Walden International, Read more…
FinovateAsia alum KlickEx is partnering with public blockchain network builder, Stellar, and fellow Finovate alum, IBM, to improve cross-border payments for emerging markets, particularly in the South Pacific. Already processing live transactions in 12 currency corridors in the region, the solution will use IBM Blockchain to accelerate clearing and settlement on a single network in Read more…