Latest Financial inclusion News: Finextra Research

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

21 September 2021

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TomoCredit raises $10m for credit-building card

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $10 million in a Series A funding round led by Kapor Capital and KB Investment, a subsidiary of South Korea’s Kookmin Bank.

16 September 2021

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Starling Bank to offer 6-month paid returnships

Women Returners and Innovate Finance have partnered to launch a cross-company returner programme, encouraging individuals to re-enter the fintech sector following extended career breaks.

10 September 2021

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Australian fintechs rail against ‘de-banking’ practices

During a Senate inquiry into “Australia as a Technology and Finance Centre” representatives from three fintech firms criticised Australian banks for their ‘de-banking’ practices, which tend to hit those involved in the crypto sector particularly hard.

10 September 2021

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Blockchain startup Fluency announces $1.3m funding at a $23.5m valuation

Fluency, a startup launching a proprietary CBDC blockchain enterprise platform, has announced its $1.3 million in seed funding from various European based investors, at a $23.5m pre-money valuation.

08 September 2021

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India launches Account Aggregator system

India's big banks have taken the open banking plunge, launching an Account Aggregator (AA) data sharing system.

07 September 2021

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Revolut plans to compete on ‘buy now, pay later’ market – Evening Standard

Revolut is planning on expanding into the ‘buy now, pay later’ market as a competitor for Klarna, the Evening Standard has revealed.

07 September 2021

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Wave closes largest Series A round for an African fintech with $200 million

Valuing the independent mobile money provider at $1.7 billion, the landmark Series A round was led by Sequoia Heritage, Founders Fund, Stripe and Ribbit.

07 September 2021

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El Salvador becomes first country to accept Bitcoin as legal tender

The central American nation today sets a world-first as it adopts the cryptocurrency for use across all goods and services – even taxes.

07 September 2021

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AIB prioritises financial literacy with skills programme for 12-18-year-olds

In an effort to support 500,000 customers with their financial literacy, communication, critical thinking, and digital innovation by 2023, AIB has launched a skills programme for 12-18-year-olds called Future Sparks.

06 September 2021