Southeast Asia’s most renowned FSI event, World Financial Innovation Series (WFIS) disrupted the Philippines’ fintech market with its inaugural edition in the country on 16 – 17 August 2022 at the Sofitel Philippine Plaza in Manila. It also gave a major boost to the country’s ‘Digital Payments Transformation Roadmap 2020-2023’ by bringing the crème de la crème of the fintech investors under one roof.

Lumin Digital announced today that Pennsylvania-based Citadel Credit Union has signed a multi-year agreement for Lumin Digital's cloud-based online and mobile digital banking platform. Lumin will support Citadel's 245,000-plus members and $5 billion in assets when the platform is launched in 2023.

Flexbase, a finance super app for businesses, today announced Buy Now Pay Later (BNPL) functionality which it is offering to B2B merchants across various industries. Called Flexbase Pay, this product gives merchants an opportunity to increase their revenues while granting businesses greater freedom in payment options, including 60 days of interest-free credit.

NCR Corporation, a leading enterprise technology provider, moved up to #4 on the 2022 IDC FinTech Rankings Top 100, a comprehensive list of the financial services industry’s leading global hardware, software and service providers. NCR celebrates a top 10 ranking as an IDC FinTech leader for more than a decade.

Chipper Cash, a cross-border payments app used by over five million people throughout Africa and its diaspora, today announced its partnership with Highnote, the world’s most modern card issuance plat

Lendistry, the only nationwide fintech CDFI and the largest minority-led deployer of capital in COVID relief funding, announces today that it will power Empire State Development's NY State Seed Funding Grant Program. This $200 million program will provide grants of $5,000-$25,000 to viable small and micro businesses, for-profit independent arts and cultural organizations, and independent arts contractors that were established on Sept. 1, 2018, or later.

Profile Software has reported a significant increase in revenue and after-tax profitability during the first half of 2022, by 33% and 55% respectively. Despite the general geopolitical economic environment, the Group has continued its rapid growth, at home and abroad, presenting new solutions and significant upgrades to the existing ones, leading to the undertaking of new projects, customer loyalty, as well as the undertaking of specialised projects in the Greek State.

BOSS Money, the money remittance and payments brand of IDT Corporation, and Africa Global Bank (United Bank for Africa), a leading pan-African financial institution, today announced a collaboration to expand disbursement options for money transfers from the U.S. to Nigeria.

ComplyCube, the leading identity verification platform, has announced that it has enhanced its Web Portal with the ability to perform seamless customer data outreach without the need for deploying software or writing a single line of code.

Yellow Card Financial, the Pan-African cryptocurrency exchange, has announced the close of its $40M Series B funding. The round was led by Polychain Capital, with participation from Valar Ventures, Third Prime Ventures, Sozo Ventures, Castle Island Ventures, Fabric Ventures, DG Daiwa Ventures, The Raba Partnership, Jon Weiner, Alex Wilson, Pat Duffy, and more.