SIA's Board of Directors, meeting under the chairmanship of Federico Lovadina, approved the consolidated financial results as at 30 September 2020, substantially in line with those of the first nine months of 2019 and growing in the third quarter of 2020, despite the economic contraction caused by Covid-19.

CONSOLIDATED financial RESULTS AT 30 SEPTEMBER 2020

Prime Bank (www.Primebank.co.ke), a leading private bank in Kenya, has partnered with London-based FinTech SimbaPay (

Today, the Indonesia Stock Exchange (IDX) launched their Electronic Trading Platform (ETP) for secondary market trading of bonds and sukuk using AxeTrading’s AxeChange technology. The ETP is named Alternative Market Operator System (SPPA).

Finastra has established a new office space at Cyberport in Hong Kong as part of an evolution of its workplace strategy. This strategic move will place Finastra at the heart of Hong Kong’s fintech community, enabling it to build relationships with new and existing partners and facilitating innovative co-creation. 

Zumo, Scotland’s cryptocurrency wallet and payments platform, has grown its employee numbers again with the addition of four female appointments in key roles and a total of seven new team members, taking the team to 24 with recruiting still open for another five new roles. The most recent appointments come shortly after Zumo’s £1.6m Seedrs crowdfund, and the launch of their app’s cryptocurrency exchange functionality.

iwoca, one of Europe’s largest small business lenders, announces that its invoice payments product – iwocaPay – will be free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.1

According to the analysts of the international financial group UnaFinancial, neobanks in the Philippines will serve 51.4 million customers by 2025. At the same time, their cumulative loan portfolio will amount to $15 billion and the number of active deposit accounts will reach 10 million.

McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, released its McAfee Labs Threats Report: November 2020, examining cybercriminal activity related to malware and the evolution of cyber threats in Q2 2020. During this period, McAfee saw an average of 419 new threats per minute as overall new malware samples grew by 11.5%.