August 3, 2024 @ 5:18 pm By Michael Wong  |  

National Pulse, a Dubai-based tech-driven enterprise, has strategically invested in Singaporean Fintech firm Aleta Planet to enhance cross-border payment services in the Middle East. This move aligns with the UAE’s recent push towards open finance and the adoption of digital services, according to the announcement…. Read More

 Tagged Aleta, dubai, fintech, National Pulse, singapore

August 3, 2024 @ 5:14 pm By Omar Faridi  |  

Deutsche Bank has launched BASF’s first sustainability-linked payables finance program in Asia, with a focus on its operations in China. The solution meets global standards and has “been tailored to suit local business requirements.” The program will support BASF’s activities in China. The solution provided… Read More

 Tagged basf, china, deutsche bank, finance, payables, sustainability

August 3, 2024 @ 5:12 pm By Omar Faridi  |  

UnaFinancial, which is investment platform Robocash’s parent company, is reporting that it has earned $4.7 million in H1 2024. UnaFinancial has issued management accounts “for the first six months of 2024.” The Group focused on expanding its most profitable businesses and “improving operational efficiency across… Read More

 Tagged europe, online lending, robocash, unafinancial

August 3, 2024 @ 4:57 pm By Michael Wong  |  

Globe Fintech Innovations, Inc. (Mynt), the operator of the Philippines’ leading finance super app GCash, has elevated its market position with fresh investments from Ayala Corporation and Mitsubishi UFJ Financial Group (MUFG), boosting its valuation to an impressive $5 billion. This new valuation marks a… Read More

 Tagged Ayala, gcash, mufg, mynt

August 3, 2024 @ 4:48 pm By Tony Zerucha  |  

The Agri-Business Capital Fund this week announced an investment of €1.1 million in MiCreditoYa Microfinanciera SAS, a microfinance institution operating in the Nariño department in the southwest of Colombia. Access to finance remains a significant challenge in many parts of the world, particularly in rural… Read More

 Tagged Bamboo Capital Partners, colombia, David Grimaud, MiCreditoYa, microfinance

August 3, 2024 @ 4:45 pm By Michael Wong  |  

Payments technology company Flutterwave announced that it has obtained an Enhanced Category Payment Service Provider license from the Bank of Ghana. This development is pivotal in expanding Flutterwave’s footprint across Africa, particularly within Ghana, where it can now offer a full spectrum of direct payment… Read More

 Tagged flutterwave, ghana, payments

August 3, 2024 @ 2:33 pm By Omar Faridi  |  

PitchBook has released their latest Enterpise Fintech ecosystem. PitchBook’s Fintech ecosystem reports notes that deal value and count in Q2 2024 was fairly steady. As stated in the repot, enterprise fintech companies have “secured $4.6 billion in VC funding across 315 deals.” PitchBook pointed out… Read More

 Tagged enterprise fintech, fintech trends, pitchbook, research

August 3, 2024 @ 8:05 am By Michael Wong  |  

Grab-led GX Bank Berhad (GXBank) announced its plan to invest MYR 1.5 billion ($333 million) into Malaysia over the next five years, including the launch of the GX Untuk Semua initiative. In a statement, GXBank emphasized that the initiative aligns with its enduring commitment to… Read More

 Tagged digital bank, grab, GXBank, malaysia

August 2, 2024 @ 8:41 am By Omar Faridi  |  

Thredd, the global payments platform, reports both industry-wide growth in fintech-led digital payments and the renewal of its partnership with Zilch, the ad-subsidised payments network (ASPN). This trajectory, coupled with recent product and market expansion, reportedly “adds further momentum to Thredd’s leadership in modern payments… Read More

 Tagged fintech adoption, payments, thredd, zilch

August 2, 2024 @ 8:39 am By Omar Faridi  |  

Tuum, a core banking platform, is proud to announce its partnership with ComplyAdvantage, a firm focused on financial crime intelligence. This partnership leverages Tuum’s API-first approach in order “to integrate complementary solutions, ensuring that financial institutions can meet their unique needs effectively and efficiently with… Read More

 Tagged complyadvantage, core banking, financial crime, tuum