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Transi chooses Velmie for launch of remittance app

Velmie is excited to announce a strategic partnership with Transi, an ambitious company from the US founded by a team of experienced finance professionals.

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South African fintech Lula appoints chair

Lula, a local leader in digital finance solutions for small and medium enterprises (SMEs), has announced the appointment of Buhle Goslar as the new Chairperson of its Board.

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Paymentology and Rain collaborate on Web3 payment service

Paymentology, a leading global issuer-processor, today announces its partnership with Rain, a leading corporate spend management platform that specialises in catering to international companies and companies in the digital asset and Web3 space.

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Lloyds bank invests £3m in proptech startup

Lloyds Banking Group has invested £3 million in Coadjute, an innovative fintech designed to connect all parties involved in the homeownership journey.

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Stables introduces Australia-Philippines remittances

Australian digital wallet provider and payment startup Stables has announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor).

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SC Ventures leads funding for cloud provider Hive

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is leading a €12 million (USD $13 million) Series A round for distributed cloud provider Hive, to increase access to sustainable, high-powered computing resources for businesses and individuals

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Solomon Islands launches digital lending product

Yabx, a cloud-based lending platform, that utilises AI scoring, has collaborated with the Solomon Islands National Provident Fund (SINPF) and the United Nations Capital Development Fund (UNCDF), to create mobileFund, a groundbreaking instant digital loan product, will soon be available to all Yousavers in the Solomon Islands.

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nsave Raises $4 Million in Seed Funding

nsave SA, a fintech company dedicated to offering safe and secure accounts and payments for individuals from distressed economies, today announced the closure of its first round of seed funding. Sequoia Capital and TQ Ventures co-lead the round with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT (the State of Geneva organization supporting tech startups). nsave, which seeks to democratize access to safe financial services in Switzerland, raised $4 million.

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South Africa's Sava and Mastercard partner to support small, medium, and micro enterprises

Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure.

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Nationwide launches coding classes for disadvantaged children

A new programme announced today by Nationwide Building Society will help over 120 young people into an exclusive tech education course, helping drive social mobility for underrepresented young people.

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Mastercard and Loop team up to drive financial inclusion in Saudi Arabia

Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions.

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Visa and the GSMA Mobile for Development Foundation form financial inclusion alliance

Today, Visa (NYSE: V), a leading global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere.

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