Northern Trust Corporation announced today a number of leadership changes, effective Oct. 1, 2024.

Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiye. Part of this raise came as investments into high-yield real world assets (RWA) assets on platform.

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced the addition of four key hires to its Digital Banking team: 

Tradu, the powerful multi-asset trading platform, has announced a strategic

Companies using Mastercard Business cards in Eastern Europe, the Middle East, and Africa (EEMEA) region are set to benefit from a new value-added service – a business subscription management tool powered by technology partner Nuclei. The innovative feature will help small businesses streamline processes and reduce costs.

Nairobi is set to host the groundbreaking Africa Fintech Forum 2024 on September 25th, where global fintech pioneers will converge to share transformative insights and strategies shaping the future of finance and technology.

Gen Alpha, the cohort of young people born from 2010 onwards, is emerging as a generation of family ‘finfluencers’.

Global fintech Unlimit today announced a strategic partnership with the global AI-commerce technology company, Shoplazza. The partnership is focused on enhancing cross-border payment services for e-commerce merchants in APAC. Shoplazza merchants will be able to leverage Unlimit’s extensive portfolio of payment methods and robust payment infrastructure to expand their customer bases worldwide, bolster customer satisfaction, and improve customer retention.

Flutterwave, Africa’s leading payment technology company, today announced that its flagship remittance product, Send App by Flutterwave, has launched commercially in Malawi. Customers can continue to use Send App to facilitate faster, easier, and more affordable cross-border money transfers into Malawi.

Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, has successfully completed its European expansion and is now fully operational across the continent. Since its founding in 2015, the platform has attracted over 500,000 users across Europe. Authorised by MiFID, the company currently manages over 600 million euros in assets under administration.