Data from the Ghana Revenue Authority (GRA) indicates that Ghana’s Electronic Transfer Levy (E-Levy) implemented in May 2022 raked in ¢861.47 million as of March 2023. The controversial levy...
Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement comes months after NY...
PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and has hired...
Fingo, a YC-backed Kenyan fintech, launched its neobank, which it developed in collaboration with Pan-African financial institution Ecobank Kenya. The Ecobank subsidiary unveiled the neobank, the first of its...
The Central Bank of Kenya (CBK) has announced the issuance and implementation of a new standard, the Kenya Quick Response Code Standard 2023. This standard will guide how Payment...
Asia-Pacific (APAC) is likely to outpace the United States and become the world’s top fintech market by 2030, with a projected compound annual growth rate (CAGR) of 27%, according...
Africa continues to produce innovative fintech companies and Gwala is one of them. The Moroccan company that provides earned wage access to employees in Morocco, has secured pre-seed funding....
Today, Smile Identity announced that it has acquired Appruve’s parent company (Inclusive Innovations, Inc.) and is actively fulfilling regulatory requirements to finalize the transaction for the affiliated entities in...
At the Innovate Finance Global Summit 2023, Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore (MAS), discussed how fintech investment in the country is booming, how...
The global head of the Swiss stock exchange SIX left in January seeking a new challenge. He has a new role at an Israeli «deeptech fintech» company. Thomas Zeeb...