FinTech StartUps

‘Banking4U’ App by Kenya-Based SG NewTech Wins Award at Finastra’s Global Hackathon

3 years 2 months ago
Lending, Banking, FinTech StartUps

SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project, Banking4U, designed to provide quick and easy access to bank loans.

Global Processing Services (GPS) and findexable Partner to Uncover Women’s Impact on the Digital Economy

3 years 2 months ago
FinTech StartUps

Leading payments issuer processor, Global Processing Services (GPS), announces its sponsorship of findexable’s Fintech Diversity Radar, the world’s first global platform gathering progressive data to understand women’s impact and contribution to the digital economy.

DynaRisk Expands Seed Round to $3m led by Nexus Investments

3 years 2 months ago
Fundraising News, FinTech StartUps, IT Innovations

DynaRisk today announced an extension of their seed funding round, bringing total funding to over $3m. This round of funding was led by Nexus Investments with participation from existing investors Insurance Capital Partners and Jonathan Marland. The company was originally backed by London based Cylon Lab.

Digital Horizon Experts Predict How the Fintech Market Will Develop in 2021

3 years 2 months ago
FinTech StartUps

2020 accelerated the transformative processes that began earlier and highlighted systemic problems that the financial market has not found the solutions to yet. Experts from the international investment company Digital Horizon analyzed the European markets during the pandemic and tried to predict how fintech trends will develop going further.

NymCard Announces $7.6 Million Series A Funding

3 years 2 months ago
Fundraising News, Payments, Banking, FinTech StartUps

NymCard, the leading MENA Banking as a Service (BaaS) provider has announced that they have received $7.6 million in Series A Funding. This round of funding was led by Shorooq Partners in participation with OTF Jasoor Ventures and VentureSouq. With this round NymCards total raised funding amounted to $12 million to date.

Plug and Play Selects Raiffeisen Bank International for Global Innovation Award

3 years 2 months ago
FinTech StartUps, IT Innovations

Raiffeisen Bank International (RBI) received Plug and Play’s Global Innovation Award for its innovation efforts and active engagement with fintechs and startups through its partnership programs. Despite the difficult situation in 2020, RBI and its subsidiary banks have entered multiple long-term collaborations with fintechs.

Pleo Wins Startup of the Year at the Global Startup Awards

3 years 2 months ago
FinTech StartUps

Today, at its bi-annual Grande Finale Day, the Global Startup Awards announced Pleo as Startup of the Year 2020. As the largest independent awards for the startup ecosystem, the decision was made after the winners of the regional startup awards were placed against each other to determine who, out of the thousands of nominations and tens of thousands of votes, was to be recognised as global Startup of the Year.

NatWest Doubles Female Entrepreneurship Funding to £2bn to Support UK’s Recovery

3 years 2 months ago
Banking, FinTech StartUps, IT Innovations

NatWest has today announced an additional £1 billion in funding to help support female-led businesses in the UK recover from the coronavirus. The aim is to ultimately help female entrepreneurs scale and grow, and builds on the £1bn announced last January, which was the largest intervention by a UK lender focused specifically on female-led businesses.

FT Partners Advises PPRO on Its $180 Million Growth Financing at a $1 Billion+ Valuation

3 years 3 months ago
FinTech StartUps, IT Innovations

FT Partners is pleased to announce our role as exclusive financial and strategic advisor to PPRO on its $180 million growth financing from Eurazeo Growth, Sprints, Wellington, and one of the world's largest asset managers, at a valuation of over $1 billion.

Fintech Companies that Are Currently Game Changers

3 years 3 months ago
Payments, Banking, Cloud, FinTech StartUps, IT Innovations, Infrastructure

The number of fintech businesses has grown to more than 20,000 worldwide. So what are the best and most innovative companies right now? We take a look here! Fintech companies are growing in numbers and capabilities thanks to improvements in smartphones, internet connectivity and a host of other tech developments. According to data collected by Statista, there were around 12,500 fintech businesses worldwide in 2019, and that grew beyond 20,000 in... more

Neo & Partners Global Bags Awarded FinTech Certification, a World’s First by the Singapore FinTech Association

3 years 3 months ago
FinTech StartUps

Neo & Partners Global, a financial technology SME serving the capital markets sector community of commodity trading advisors, family offices, fund management companies and proprietary trading firms, announces that it has been awarded the FinTech Certification by Singapore FinTech Association as a FinTech Certified Platforms provider for its award-winning Trading-Atrium.

Frost Beta-Testing New Way to Bank and Find Utility Deals

3 years 4 months ago
Banking, FinTech StartUps

A new digital account has started beta testing ahead of its full launch next year. Frost, accessible via your smartphone, will use intelligent functionality to allow users to set up an account and manage transactions, including bills, direct debits and balance transfers, all from one application, thereby saving them time and money. The mobile account is due to launch in the first half of 2021.

Elevator Lab: Four Fintechs Selected for Developing a Proof of Concept

3 years 4 months ago
FinTech StartUps

The fourth round of Raiffeisen Bank International’s (RBI) Partnership Program Elevator Lab took place virtually in the second half of 2020. Elevator Lab, selected as one of the “Best Financial Innovation Labs in 2020” by the renowned magazine Global Finance and nominated for the “Best Accelerator or Incubator Program 2020” award by the Central European Startup Awards, aims at finding innovative fintech solutions and building mutually beneficial... more

Saudi Arabia to Host a Virtual Event 'Future of Fintech'

3 years 4 months ago
Payments, Banking, FinTech StartUps

Saudi Arabia has consistently seen a surge in the use of FinTech and related technologies during the global health crisis. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded expectations as part of the country’s Financial Sector Development (FSD) programme.