
Articles
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5 days ago |
connectingafrica.com | Cameron Emanuel-Burns
UK-based startup M-Kopa provides digital financial services to underbanked consumers in sub-Saharan Africa and is using artificial intelligence (AI) to build customized credit profiles for its users. "The vast majority of adults in sub-Saharan Africa are everyday earners, or people who operate in the informal economy earning a living day-to-day.
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5 days ago |
fintechfutures.com | Cameron Emanuel-Burns
Finom, an Amsterdam-based banking services provider for small and medium-sized enterprises (SMEs), has secured €115 million in a Series C equity round led by French venture capital firm AVP. New investor Headline joined the round, alongside existing backers Cogito Capital, Northzone, and General Catalyst. Long-time backer General Catalyst recently pumped €92.3 million in growth capital into Finom just last month through the US-based venture capital firm's Customer Value Fund (CVF).
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5 days ago |
fintechfutures.com | Cameron Emanuel-Burns
Cross-border payments firm dLocal has bolstered its international presence by securing three new payment licenses in the UAE, Turkey and the Philippines. The Uruguay-based company has obtained a Payment Services licence in the UAE, allowing it to operate cross-border flows for both payins and payouts within the country.
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1 week ago |
fintechfutures.com | Cameron Emanuel-Burns
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industry. That’s why we put together our weekly In Case You Missed It (ICYMI) funding round-up so you can get the latest funding news. US start-up Tensec emerges from stealth with $12m seed fundingTensec, a B2B cross-border money transfer start-up, has emerged from stealth with $12 million in seed funding led by Costanoa Ventures.
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1 week ago |
fintechfutures.com | Cameron Emanuel-Burns
The partnership will see Column provide funding for Best Egg’s secured and unsecured personal loan products. US consumer fintech Best Egg has formed a strategic partnership with nationally chartered bank Column as the company looks to scale its lending activities and expand access to its personal loan products. Since its launch in 2014, Best Egg has facilitated over $30 billion in consumer loans through its platform.
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