Tagged: fintech adoption

April 3, 2021 @ 10:17 am By Omar Faridi  |  

Razer, a leading gaming hardware producer, has managed to diversify its business operations during the past few years. Razer CEO and Co-founder Min-Liang Tan first launched the company in 2005 with the goal to develop a computer mouse that would be ideal for avid gamers…. Read More

March 29, 2021 @ 11:14 pm By Omar Faridi  |  

The International Finance Corporation (IFC), which is a member of the World Bank Group, and the Egyptian Fintech Association recently teamed up in order to support entrepreneurship in the financial technology sector. Both organizations intend to offer support to the MENA region naton’s private sector… Read More

March 29, 2021 @ 11:06 am By Omar Faridi  |  

Property finance marketplace LendInvest has published a blog post in which it’s requesting people to support the company in certain Buy-to-Let, Bridging and Development Awards. LendInvest notes that it’s a busy award season in property lending. Like most years LendInvest has been recognized for its… Read More

March 28, 2021 @ 8:27 pm By Omar Faridi  |  

The Yogi Adityanath government in Uttar Pradesh (India) has revealed that the area has set a new record in the number of digital transactions performed. Lucknow, The Yogi Adityanath government in Uttar Pradesh reports that banks are now playing a key role in promoting digital… Read More

March 26, 2021 @ 11:50 pm By Omar Faridi  |  

Digital payments in India are being increasingly adopted by businesses and individual consumers. Online lending platforms are also becoming more popular in the country that’s home to around 1.5 billion residents. The Reserve Bank of India (RBI) has introduced several initiatives that are aimed at… Read More

March 26, 2021 @ 10:55 pm By Omar Faridi  |  

Qatar’s Islamic or Sharia-compliant Fintech sector is on track to record significant growth in the next 5 years, according to local sources. As digital transformations accelerate Islamic finance ecosystems worldwide, we are happy to share with you the Global Islamic Fintech Report 2021 produced by… Read More

March 24, 2021 @ 11:47 pm By Omar Faridi  |  

Supported by an upcoming generation of talented tech professionals, the Fintech industry is evolving rapidly in Pakistan. Fintechs could begin to make major contributions to the Asian country’s nearly $400 billion GDP. Professionals leading the country’s finance ministry and its reserve bank (the State Bank… Read More

March 24, 2021 @ 10:57 pm By Omar Faridi  |  

Modulr, a Payments as a Service API Platform for digital businesses, notes that they’re seeing the rise of the infrastructural Fintech. The company claims to have “front row seats” to see how Software as a Service companies (and customers) are adding various financial services to… Read More

March 23, 2021 @ 1:11 am By Omar Faridi  |  

Indian digital payments giant Paytm recently confirmed that its pleased to share that Paytm Payments Bank Ltd (PPBL) has been given approval for its @Paytm UPI handle from the Securities and Exchange Board of India (SEBI) to “enable fast and seamless payment mandates for IPO… Read More

March 20, 2021 @ 10:25 pm By Omar Faridi  |  

The team at SadaPay, a Pakistan-based online payments provider, notes that when products are developed with technology at the “core of the value proposition,” the customer interactions “tend to be digital as well.” As mentioned in a blog post by the Fintech firm, the human… Read More

March 20, 2021 @ 9:45 am By Omar Faridi  |  

Indian neobank Razorpay points out that it seems like banks have been “around forever.” In India, for example, the history of banking “dates way back to 1750 BC,” the company reveals. It also mentions that we’ve traditionally or historically been dependent on banking institutions for… Read More

March 18, 2021 @ 9:45 am By Omar Faridi  |  

Finland’s payment services provider Enfuce has secured €7 million in capital through a Series-B funding round. Enfuce has received €5 million in funding from Tencent. Another €2 million that was part of the investment round came from previous investor Maki. Prior investment has been supported… Read More

March 14, 2021 @ 10:13 pm By Omar Faridi  |  

Russian technology firms Yandex, Mail.ru Group, Ozon and Wildberries are reportedly creating their own Fintech platforms so that they can potentially compete with some of the largest banks in the country, according to a report from Forbes Russia. As first reported by the New Economy… Read More

March 14, 2021 @ 2:10 pm By Omar Faridi  |  

The third edition of Startupbootcamp Fintech Dubai’s accelerator program has now concluded. During the Demo Day, there were 11 startups that pitched their ideas to potential investors, corporate partners, industry experts, mentors, and the general public. Startupbootcamp Fintech Dubai was introduced in 2018 through a… Read More

March 11, 2021 @ 8:26 pm By Omar Faridi  |  

India’s Fintech industry is on track to reach a valuation of $150-$160 billion by 2025, according to a new report. The report, titled “India Fintech: A $100 Billion Opportunity,” pointed out that over the last 5 years, India-based Fintechs have acquired around $10 billion in… Read More

March 11, 2021 @ 7:20 pm By Omar Faridi  |  

JPMorgan Chase & Co  (NYSE:JPM) has reportedly hired former HSBC Holdings executive Jeremy Balkin to serve as the bank’s Head of Fintech and Innovation for handling wholesale payments. In his new role, Balkin is expected to manage Fintech and related innovation projects with a focus… Read More

March 10, 2021 @ 9:45 pm By Omar Faridi  |  

San Francisco-based Blend, which claims to offer market-leading digital lending technology that makes the process of acquiring a loan simpler, faster, and safer, suggests that service providers should make Fintech lending their identity, and not necessarily their “competition.” During the past few years, the digital… Read More

March 10, 2021 @ 9:18 pm By Omar Faridi  |  

Deepu K Sasidharan, Developer Advocate at payments platform Adyen (AMS:ADYEN), notes that the Payment Request API and the Payment Handler API are new W3C web standards that aim to make the payments process easier on websites. Sasidharan explains that these new standards aim to provide… Read More

March 9, 2021 @ 11:11 pm By Omar Faridi  |  

Indonesia’s digital wallet platform LinkAja has chosen Indian software firm PureSoftware’s Arttha digital payments suite which will be powering the wallet provider’s core systems. The move is said to be consistent with LinkAja’s goal to further expand and strengthen its market presence as a payment… Read More

March 8, 2021 @ 11:58 pm By Omar Faridi  |  

United Arab Emirates’ first “independent” virtual banking platform has just launched with more than 25,000 applicants that had pre-registered during the past few months in order to use the bank’s Fintech app. UAE-headquartered digital bank YAP will be allowing locals to open a bank account… Read More