Egyptian Fintech Startup Copal Partners Mastercard to Launch Family Payments Mobile App
Egyptian fintech startup Copal has partnered Mastercard to launch a family payments mobile app that brings all family members onto a unified payment platform that is fully managed by parents.
Fintech Purpl to Democratize Remittances, Support Financial Inclusion Efforts in Lebanon
In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.
SC Ventures to Collaborate With Yabx on Financial Inclusion in Africa
The partnership is leveraging digitization in the financial sector accelerated by the pandemic to create unique, Africa-specific products that will increase access of credit to the underbanked across the continent.
CSI’s Banking-as-a-Service Capabilities Facilitate New Fintech Partnerships
CSI’s advanced application programming interface capabilities provide simple, secure and audited access to a host of solutions including account opening, deposits, savings, payments, cards, identity verification and other critical lines of financial services.
Singapore-Based Fintech Tazapay Raises $16.9 Million in Series A Fundraising Round, Led by Sequoia Capital Southeast Asia
Tazapay plans to use the funds to further scale its business across Asia and expand in other regions where the company is receiving strong demand for its services, such as the Middle East and Europe.
Fintech for Climate Resilience: A Compendium of Startup Innovations Building Resilience in Emerging Markets
This report by the CIFAR Alliance Investors Working Group highlights 11 successful ventures that are building solutions to improve the resilience of communities susceptible to climate change, enabled by fintech.
Egypt Fintech Firm MNT-Halan Securing $400 Million in New Finance
According to the company MNT-Halan provides small- and micro-business lending, payments, consumer finance and e-commerce.
Micro and Small Enterprises Get Their Own Digital Ambassadors in Colombia
Approximately 16 million people in Colombia depend on income generated from micro and small enterprises (MSEs). Digital platforms and tools can help them grow, but uptake and use is impeded by diverse challenges.
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
The $3 million seed extension round was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round.
Uzbek Fintech Development Supported Through $20M Line of Finance Agreement
The Line of Finance aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan.