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Pockit Acquires Monese and Consolidates Position as Leading Fintech for Financially Underserved

Fintech Finance

The British fintech company Pockit and the pan-European fintech Monese today announce that they have agreed terms for Pockit to acquire Monese, subject to Change in Control approval by the FCA, creating the leading fintech for the financially underserved and lower-middle-income consumers across the UK and Europe.

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Fintech Solutions for Financial Inclusion in Emerging Markets

Fintech Review

In response, fintech companies are stepping up, using digital innovation to provide banking solutions to the unbanked and underbanked. By leveraging mobile technology, blockchain , and alternative credit scoring, fintechs offer affordable and accessible financial services. This can trap entire communities in cycles of poverty.

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Codebase Technologies Unveils Financing Platform to Support Underserved MSMEs

The Fintech Times

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC.

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TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money

TechCrunch Fintech

Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here.

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Igloo Looks to Expand Access to Insurance Products to Underserved in Thailand Alongside TrueMoney

The Fintech Times

By leveraging the TrueMoney platform, Igloo plans to extend the reach of essential insurance products to the underserved and those residing in remote areas, helping to bridge the protection gap. This partnership is a testament to our commitment to innovation and inclusivity in the insurance industry.”

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Interledger Foundation foots bill for fintechs to build global interoperability network

Finextra

The Interledger Foundation, an organisation dedicated to the creation of an open, interoperable payment network, is promising to fund fintechs that use its protocol to bring payments to emerging markets and underserved populations.

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Myanmar’s Digital Transformation: Fintech, Wave Money, and Financial Inclusion

The Fintech Times

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. But how has this development unfolded and what is the current state of fintech in the country?