FINTECH Volanews

CHINA GIANT DIDI

Didi Partners with China’s Central Bank on Digital Currency Research And Development Didi's DCEP task force will design and implement pilot DCEP projects in accordance with rigorous safety, security, and governance standards

by KrAsia

2020-07-10

Zambia Startups Lupiya

Zambian Fintech Startup Receives $1-Million Investment The investment will enable Lupiya to further its goals in fostering financial inclusion through its service offered, with a focus on ensuring women are able to participate in the economy through its financial inclusion strategy.

by ventureburn

2020-07-09

UAE Startups Spotii

Dubai’s Spotii Raises Seven-Figure Seed for Its Shop Now Pay Later Platform Spotii is a shop now pay later platform focused on fashion, beauty, and lifestyle brands.

by MENAbytes

2020-07-07

INDONESIA Startups FINTECH

Indonesian Fintech Startup PAYFAZZ Closes $53m Series B Round Founded in 2016 by Hendra Kwik, Jefriyanto, and Ricky Winata, PAYFAZZ claims to operate Indonesia's largest agent-driven banking network with over a quarter-million merchants and small restaurants.

by DealStreetAsia

2020-07-06

NIGERIA Startups OPay

OPay Has Shut Down All Its Businesses Besides Payments/eCommerce Due to harsh business conditions.

by WeeTracker

2020-07-03

SOUTH AFRICA MFS Africa ACQUISITION

Fintech MFS Africa Acquires Digital Payments Provider Beyonic Johannesburg-based fintech firm MFS Africa announced today that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact entities across Africa.

by ventureburn

2020-07-01

NIGERIA Startups FINTECH

Nigerian Micro-Investment Portal Trove Nets New Funding, from Angel Networks The startup announced last month that over the “past couple of months”, Trove users have traded more than one billion naira on the platform.

by ventureburn

2020-06-30

DUBAI Startups FINTECH

Dubai Fintech Mamo Pay Joins Visa Fintech Fast Track Program The program will enable Mamo Pay to reach a wider audience, and benefit from the capabilities and security of VisaNet, Visa’s global payment network.

by MENAbytes

2020-06-24

EGYPT Startups FINTECH

Egypt’s MoneyFellows Raises $4 million Series A to Expand Its Digital Money Circles Platform to Africa MoneyFellows has digitized the concept of money circles (ROSCAs) which are commonly known as gam’eya in Egypt and other Arab countries, through its online platform.

by MENAbytes

2020-06-23

THAILAND Startups FINTECH

Thai Fintech Firm SYNQA Raises $80m in Series C Round Omise has been providing thousands of merchants across Asia with the necessary tools to run their online businesses, accept payments and connect them with millions of customers across the globe since 2013.

by DealStreetAsia

2020-06-22

MALAYSIA Startups FINTECH

Malaysian Fintech Startup Curlec Raises Funding from 500 Startups With its technologies, Curlec aims to offer easier debit access to small- and medium-sized enterprises in Malaysia

by e27

2020-06-19

ISRAEL Startups FINTECH

Israel-based Fintech Startup Pagaya Raises $102 Million Pagaya uses machine learning algorithms and big data analytics to manage institutional assets. Pagaya has more than $1.6 billion in assets under management.

by CalcalisTech

2020-06-18

SINGAPORE Startups FINTECH

SG’s Tonik Financial Closes Series A at $21m, to Launch Digital Bank in PH Early this year, Tonik Digital Bank Inc has received approval from the Bangko Sentral ng Pilipinas (BSP) to provide digital banking services, such as retail banking, deposits, and consumers loans, in the country.

by DealStreetAsia

2020-06-17

INDIA Startups FINTECH

India-based Fintch Startup Jai Kisan Raises $3.9 Mn In Pre-Series A Funding Led By Arkam Ventures Jai Kisan deploys a B2B2C approach driven by technology, partnering with businesses that sell or procure across the agri, dairy and poultry value chains.

by Inc42

2020-06-17

SOUTH AFRICA Startups FINTECH

Futuregrowth Invests in SA Personal Finance Startup LifeCheq The startup aims to make expert advice accessible to professionals and entrepreneurs who are currently not served well by the existing financial advice industry.

by ventureburn

2020-06-16

SINGAPORE Startups FINTECH

Singapore’s Personal Finance App Fincy Secures US$11M from Parent GBCI Ventures In addition to providing a currency exchange, Fincy also enables users to build their own social networks in-app and make contactless mobile payments.

by e27

2020-06-15

INDONESIA FINTECH MOBILE PAYMENT

Indonesian Digital Payments Platforms OVO, Dana Reportedly Agreed to Merger The merger talk first surfaced in 2019, around the time gojek announced a partnership with LinkAja, a digital payments service by Telkomsel.

by e27

2020-06-15

KENYA FINTECH Startups

Raise is Launching An End-to-end Fundraising Platform for African Startups Raise will allow founders and investors to launch a private virtual deal room, run fundraising simulations and issue compliant electronic share and convertible certificates.

by TechMoran

2020-06-15

United Arab Emirates Startups FINTECH

Dubai’s Tabby Raises $7 Million to Expand Its Buy Now Pay Later Platform to Saudi The investment was led by Saudi’s Raed Ventures with the participation of China’s MSA Capital and existing investor Arbor Ventures.

by MENAbytes

2020-06-12

DUBAI FINTECH Tpay Mobile

Dubai Fintech Tpay Mobile Acquires Turkish Payments Company Payguru Payguru is a bootstrapped business offering mobile payments, ATM cash payments, and bank transfer services to its merchants through its integration with three mobile network operators and eight major banks.

by MENAbytes

2020-06-11