Wahed, a global fintech company that encourages social responsibility and financial inclusion through accessible, affordable and values-based investing, today announced the appointment of Lori A. Richards to its board of directors. 

Today, there are still barriers in the payments space for retailers that want to offer a frictionless and risk-free buying experience to their customers. However, thanks to new technologies, merchants can utilise solutions able to reduce the number of failed payment transactions and increase their sales in a process that it not just easier for them but also the end customer.

The AI-based personalised offers platform Network B has recently enhanced its advisory board with the new appointment of Alex Preece, CEO of digital gift card platform Tillo. 

Alex Preece brings with him a wealth of experience in the fintech retail payments space. He co-founded Tillo in 2016 and in 2010 he also co-founded the first UK daily deals platform which was acquired by MoneySupermarket.com PLC the following year. 

MyGate, India’s largest community management application, has launched a quirky campaign – ‘Knock Knock Stories’. A creative take on the age-old knock knock tradition, the campaign highlights how MyGate’s suite of offerings eliminates the need to go knocking on a neighbour’s door for information or help. Comprising six films, the campaign also touches upon the multi-cultural aspect of gated community living.

Colombia-based Fintech company Minka has today announced that it has secured $24 million in capital through a funding round led by Tiger Global and Kaszek.

New research from leading governance, risk and compliance (GRC) advisor ACA Group reveals that confidence among financial services firms in the quality of their own reports is declining – down to 65% from 87% in 2021. 

In the first quarter of 2022, Robocash Group hit the record 20 M registrations, providing consumer financing in the cumulative volume of over 1.7 Bn USD. The repeated clients have contributed significantly, with the highest consumer demand in the Philippines and Kazakhstan.

Targeting the underserved population with limited access to traditional financial services, Robocash Group has issued 266.3 M USD worth of loans in Q1 alone  - up by 81.4% to the same period last year.

May 31^st will mark the launch of the new call for applications of Fin+Tech, the Italian acceleration program aimed at startups that develop fintech and insurtech solutions, part of the CDP National Accelerator Network, born from an initiative of CDP Venture Capital together with Digital Magics, Startupbootcamp, Fintech District, Nexi and Credem as promoters.

Keeping control in a regulated industry: The compliance challenge for financial services