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Mexico-Based Unicorn Stori Raises $212 Million to Promote Financial Inclusion
Stori launched its first credit card in 2020, aimed at consumers overlooked by traditional lenders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Aviva Raises $5.5 Million to Provide Financial Services to Underserved
The company operates a series of kiosks around Mexico that allow users to apply for loans via video call, get approved in real time and receive their funds in under 24 hours.
- Categories
- Finance, Technology
- Region
- Latin America
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Flutterwave’s Ghana Payment License Paves Way for Secure Transactions
The milestone marks a significant expansion of Flutterwave's operations in Africa by enabling the company to offer a comprehensive suite of payment services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Wema Bank Unveils AlatPay to Enable Instant Payment for Small Businesses in Nigeria
Wema Bank, the financial institution behind Africa’s digital bank Alat, has launched AlatPay, an instant digital payment solution designed to enable businesses of all sizes to digitise their operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How Thousands of Americans Got Caught in Fintech’s False Promise and Lost Access to Bank Accounts
The collapse of middleman Synapse has revealed fintech’s promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits have been locked out of their accounts.
- Categories
- Finance, Technology
- Region
- North America
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Vietnam Mandates Facial Recognition for Digital Payments Above $390
The new policy change received validity from the State Bank of Vietnam at the start of July, with the banking regulator hinting at a strict enforcement of the rules.
- Categories
- Technology
- Region
- South Asia
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BranchX Becomes India’s First Neobank to Launch ONDC Loans for Financial Inclusion
This initiative marks a significant step towards financial inclusion for India’s 1.4 billion people.
- Categories
- Finance
- Region
- Asia Pacific
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Flipkart Expands Digital Services With New Recharge and Bill Payment Options in India
With the launch of these new categories, customers can make their bill and recharge payments while shopping on the platform.
- Categories
- Technology
- Region
- Asia Pacific
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