Fintech News

SEPTEMBER 19, 2024

The aim is to enhance financial access for underserved retail customers and small businesses. The consortium, which holds over 20 financial service licenses across five Asian markets, aims to create an AI-driven virtual bank that empowers underserved communities through advanced technology.

Underserved 124

Underserved Cross-Border Financial Inclusion Interoperability 124

Fintech News

OCTOBER 13, 2024

million in the first half of 2024, driven by the region’s digital shift, strong demand from a large youth population, and technological innovation. Helicap, a fintech firm focusing on private debt opportunities, aims to address Southeast Asia’s US$500 billion funding gap by providing capital to underserved sectors.

Payment Gateways 83

Payment Gateways Gateways Underserved Payments 83

The Fintech Times

APRIL 9, 2024

As BaaS evolves, it is helping fintech innovation reach new markets and underserved communities; which has the potential to greatly improve financial inclusion across the globe. Banking-as-a-Service (BaaS) describes the concept that enables non-bank platforms to access banking capabilities traditionally only offered by licensed banks.

Financial Inclusion 121

Financial Inclusion Underserved Non-Bank Embedded Finance 121

Fintech Finance

JUNE 6, 2024

The integration of Visa’s capabilities will help du Pay to expand its innovative financial solutions, striving for greater alignment with consumer lifestyles as well as bring additional versatility into the du Pay platform, offering customers a suite of enhanced features and services.

Innovation 52

Innovation Financial Inclusion Payment Solutions Underserved 52

Fintech News

SEPTEMBER 24, 2024

The collaboration aims to deliver essential services to underserved populations while enhancing offerings for digital-savvy customers in more developed markets. Featured image credit: Edited from Freepik The post audax and Synpulse Partner to Modernise Banking Infrastructure appeared first on Fintech Singapore.

Financial Inclusion 110

Financial Inclusion Embedded Finance APACS Underserved 110

Fintech Finance

SEPTEMBER 20, 2024

It was clear from our first meeting that together, KOHO and Propel could build a transformational partnership that could positively change the financial landscape for underserved Canadians. Learn more about KOHO and its innovative products at koho.ca, and sign up for the KOHO line of credit waitlist to get exclusive access.

Underserved 97

Underserved Underwriting AI Product 97

The Fintech Times

MARCH 26, 2024

These innovative technologies not only enable insurers to streamline operations and enhance customer experiences but also play a pivotal role in extending financial services to underserved communities. “These solutions enhance accessibility by providing digital insurance options tailored to the needs of underserved communities.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

Fintech Finance

AUGUST 28, 2024

a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursements services in the public sector. It is an honor to partner with Mastercard, and continue driving innovation throughout the public sector,” said Stewart A.

Visa 91

Visa Digital Payments Financial Inclusion Underserved 91

Fintech News

JUNE 18, 2024

This investment from global nonprofit Accion aims to help Amartha expand its platform, offering a full range of financial products and services to underserved women-led small businesses in rural Indonesia using data and AI. Featured image credit: Edited from Freepik The post Amartha Nets US$17.5M

Underserved 107

Underserved Small Business AI FinTech 107

Fintech News

SEPTEMBER 8, 2024

Cloud technology helps us deliver innovative and secure financial services to Indonesia’s youth and previously underserved part of Indonesia’s population.” Anthony Amni “Krom Bank innovates at a rapid pace to develop intuitive banking services on AWS that make managing finances easy and engaging.

Financial Inclusion 113

Financial Inclusion Underserved Database Mobile Banking 113

Fintech Review

JULY 10, 2024

As a result, DeFi is gaining traction rapidly due to its ability to provide financial services to those who have been historically underserved by conventional banking systems. Potential for Financial Inclusion: Bridging the Gap DeFi holds immense promise for fostering financial inclusion by providing services to underserved populations.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

The Fintech Times

SEPTEMBER 2, 2024

Both firms aim to make credit services more inclusive for underserved market segments, such as micro, small, and medium-sized enterprises (MSMEs). ” Supporting underserved businesses and communities In recent years, Brazil has made significant progress in financial inclusion.

Financial Inclusion 72

Financial Inclusion AI Underserved Underwriting 72

Fintech Finance

MAY 16, 2024

The launch of the Coopbank Mastercard and introduction of Community Pass marks a crucial evolution in Ethiopia’s financial sector, driven by a shared commitment to innovation and accessibility. Community Pass is currently live in five markets globally and has registered over five million users.

Financial Inclusion 52

Financial Inclusion Visa Innovation Online and Mobile Banking 52

The Fintech Times

SEPTEMBER 19, 2024

It will provide localised digital banking services to everyone, including the underserved. Chatu Mongol Sonakul , advisor of the consortium and former governor, Bank of Thailand said, “I welcome the Bank of Thailand’s initiative to invite new market entrants to foster greater innovation and competition in the financial sector.

Financial Inclusion 59

Financial Inclusion Underserved Interoperability Multi-Currency 59

Fintech News

JANUARY 15, 2024

According to Lendable, the investment was made as it “recognises Validus’s potential in fulfilling the region’s SME financing needs through its innovative approach” This latest announcement comes on the heels of Validus’ recent S$20 million investment from growth-stage private equity firm 01Fintech.

Underserved 99

Underserved Underwriting Finance AI 99

Fintech News

JULY 1, 2024

With Oikocredit’s support, Batumbu will be better positioned to offer tailored financing solutions to underserved SMEs across multiple provinces of Indonesia, where banking presence is often thin, driving financial inclusion and fostering entrepreneurship. Together, we aim to create a lasting impact on the Indonesian economy.”

Finance 105

Finance Security Underserved Financial Inclusion 105

The Fintech Times

SEPTEMBER 27, 2024

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. Wave Money’s 58,000 agents, most of whom are women, play a crucial role in extending services to these underserved regions.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

Fintech Finance

JULY 9, 2024

This move aligns with NOW Money’s mission to offer inclusive financial solutions to underserved communities and improve the financial well-being of its users across the GCC. The post NOW Money Partners with Mastercard to Empower Customers with Enhanced Financial Access appeared first on Fintech Finance.

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

Fintech Finance

JULY 26, 2024

Additionally, Mamo will use the funds to begin testing its innovative product lines in the Kingdom of Saudi Arabia, further extending its regional footprint. The post Mamo Secures $3.4mln to Enhance Financial Services for SMEs appeared first on FF News | Fintech Finance. We are proud to partner with them and support their mission.”

Security 98

Security Underserved FinTech Product 98

Fintech Finance

JULY 18, 2024

Joining the round as a new investor is Turkish VC firm Logo Ventures, along with returning investors Finberg, the corporate venture investment division of Turkish bank Fibabank, and Re-Pie Asset Management, underscoring strong market confidence in wamo’s potential and its innovative SME solutions.

Underserved 97

Underserved Security Cross-Border Payments Cross-Border 97

Fintech News

MARCH 11, 2024

The company aims to focus on innovation and catering to underserved market segments. Karen Low Karen Low, CEO of DCS Card Centre said, “Following our successful business transformation in the past year, we have entered an exciting next phase of growth with a robust pipeline of product launches and innovative initiatives ahead.

Security 96

Security Underserved Credit Cards Visa 96

The Fintech Times

AUGUST 14, 2024

Attendees will also experience innovative integrations of artificial intelligence, blockchain, XR, and decentralised systems, driving the progression of digital economies and technological innovation. billion unbanked individuals globally, bridging this gap as well as providing essential financial services to underserved populations.

AI 106

AI Financial Inclusion Finance Underserved 106

Fintech Finance

JULY 23, 2024

” “This not only underscores our commitment to innovation, but also aligns seamlessly with our vision of fostering a borderless financial ecosystem where moving money everywhere is instant, reliable and compliant, especially to underserved consumers. We estimate that we are reaching 600m unbanked consumers.”

SWIFT 98

SWIFT Cross-Border Cross-Border Payments Accounts 98

The Fintech Times

MARCH 1, 2024

This March, The Fintech Times is turning its focus towards insurtech, shedding light on the innovative advancements and sustainable initiatives within the insurance sector. Dive into the collaborative efforts between startups and traditional insurers to drive innovation and meet the evolving needs of consumers.

FinTech 64

FinTech Financial Inclusion Underserved Mitigation 64

Fintech News

SEPTEMBER 30, 2024

Niklas Wiberg expressed support for Vilja’s initiative and highlighting the importance of promoting innovation that drives economic growth and financial inclusion. The post Swedish Fintech Firm Vilja Expands into ASEAN, Chooses Malaysia as HQ appeared first on Fintech Singapore. Swedish Ambassador to Malaysia, H.E.

FinTech 96

FinTech APACS Economy Financial Inclusion 96

Fintech Finance

SEPTEMBER 4, 2024

In line with its objective to support British businesses with market-leading solutions, Mollie has introduced a suite of innovative products and services to the UK including: Mollie Connect: An advanced solution for SaaS platforms and marketplaces to accept and monetise payments, onboard users, and manage funds.

FinTech 98

FinTech Service Provider Underserved Faster Payments 98

The Fintech Times

MAY 29, 2024

The Interledger Foundation , an organisation building and advocating for an open, interoperable payment network, is introducing a new initiative to fund fintechs that leverage its Interledger Protocol (ILP) to bring payment capabilities to emerging markets and underserved populations.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

Center for Payments

OCTOBER 20, 2023

The Impact of Innovation on Financial Inclusion The fintech industry has witnessed significant advancements in recent years. Innovations such as blockchain technology, artificial intelligence, and biometrics have revolutionized the way financial services are delivered.

Financial Inclusion 40

Financial Inclusion Cybersecurity Innovation Online and Mobile Banking 40

Fintech News

MARCH 24, 2024

Central to this partnership is a shared dedication to innovation, which underscores our mutual commitment to its success. This financial support is instrumental in propelling our continuous efforts to meet the unique financial requirements of underserved communities across Southeast Asia.”

Finance 106

Finance Security BNPL Underserved 106

Fintech Finance

SEPTEMBER 25, 2024

.” “At KaiOS, our mission is to connect underserved communities with the digital world. This innovation brings down the barriers and enables an affordable consumer device to become a powerful business tool,” said Sebastien Codeville, chief executive officer of KaiOS Technologies.

Visa 96

Visa Economy Digital Payments Enrollments 96

Fintech News

JANUARY 7, 2024

We will continue to innovate and bring meaningful impacts to Indonesia’s massive population base, especially the underserved yet promising MSMEs in tier 2 and 3 cities.” The post Indonesian Neobank KOMUNAL Gears Up for Expansion with US$5.5M ” said Hendry Lieviant, Co-Founder & CEO of KOMUNAL.

Financial Inclusion 114

Financial Inclusion Underserved Participant Regulations 114

The Fintech Times

JULY 23, 2024

Bloom Credit offers a comprehensive platform that enables fintech companies and innovative banks to deliver robust credit services, improving their ability to serve consumers and partners effectively. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

FinTech 64

FinTech API Financial Inclusion Underserved 64

PYMNTS

JULY 17, 2020

And shoppers want technology solutions like self-checkout in post-COVID-19 retail environments, while healthcare companies are teaming with pharmacies to provide patients with access to primary care clinics. 30: Number of underserved U.S. 30: Number of underserved U.S. All this, Today in Data.

Digital Payments 54

Digital Payments Innovation Payment Gateways Underserved 54

Fintech Finance

JULY 30, 2024

The event highlighted the progress and innovation within Ghana’s fintech sector. The Mastercard Ghana Fintech Forum aimed to address these issues, fostering engagement and innovation to drive financial inclusion. “At added Folasade Femi-Lawal, Country Manager and Area Business Head for West Africa at Mastercard. Tolulope A.

Contactless Payments 98

Contactless Payments Cybersecurity Visa FinTech 98

The Fintech Times

AUGUST 23, 2024

Future Finance is a collaborative research project aiming to support mid-tier organisations and small to medium-sized businesses (SMEs) in the UK financial services sector to adopt innovative processes and products that improve accessibility of their services.

AI 95

AI Blockchain Finance FinTech 95

Fintech News

APRIL 28, 2024

According to Nikkei Asia , this move is part of a strategic effort to establish a significant presence in regions currently underserved by major digital asset platforms. The post Bitkub to Pursue IPO in 2025, Targets Expansion in Southeast Asia appeared first on Fintech Singapore.

Underserved 124

Underserved Cryptocurrency Economy Use Case 124

Fintech News

DECEMBER 13, 2023

Validus will use the fresh funds to accelerate its expansion plans in fast-growing markets like Indonesia as well as enhance its technology innovation. Operating in Indonesia, Singapore, Thailand, and Vietnam, Validus utilises proprietary data and AI to provide financing solutions to underserved SMEs.

Due Diligence 104

Due Diligence Underserved Finance Small Business 104