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Knowledge Innovations > FinTech News > FinTech Services

Zambia’s eShandi’s Impact on Financial Inclusion with “AI-powered finance”

  • April 9, 2025
  • Theodora Kwening
  • Artificial Intelligence, FinTech Services
Zambian startup eShandi, a pan-African challenger bank, is leveraging AI-driven creditscoring and digital financial services to provide instant, collateral-free loans, seamless payments, and banking solutions, empowering underbanked SMEs and...
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Finovifi Expands Core Banking Capabilities with acquisition of Modern Banking Systems

  • March 10, 2025
  • Theodora Kwening
  • FinTech Services
Finovifi, a provider of AI-powered fintech solutions for community banks, has acquired US-based Modern Banking Systems (MBS) for an undisclosed sum. Founded in 1964, MBS offers real-time core banking...
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Ace Money Transfer Partners With Mastercard on Cross-Border Payments

  • February 25, 2025
  • Theodora Kwening
  • FinTech Services
Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. Through Mastercard’s platform, Ace’s customers in Australia, Canada, Europe and the United Kingdom can make...
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Ghanaian fintech Affinity bags $8M to scale Digital Banking in a Mobile Money-driven Market

  • February 13, 2025
  • Theodora Kwening
  • FinTech News, FinTech Services
Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa, an upstart from Ghana, wants to join the conversation....
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Safaricom, Kenyan banks argue Central Bank’s new payment system could slow Innovation

  • January 16, 2025
  • Theodora Kwening
  • FinTech Services
Safaricom and Kenyan commercial banks claim the Central Bank’s (CBK) plan to build a fast payment system (FPS) could cost at least $200 million (KES25.9 billion) and take up...
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Mastercard opens first office in Ghana to bolster Digital Economy and Financial Inclusion

  • January 14, 2025
  • Theodora Kwening
  • FinTech Services
Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana. This strategic milestone underscores Mastercard’s commitment to supporting the country’s growing...
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Singapore Scales up FinTech Innovation with new global finance & Technology Network

  • October 31, 2024
  • Theodora Kwening
  • FinTech Services
The MAS has unveiled its latest strategic development in FinTech, the Global Finance & Technology Network (GFTN). This initiative is set to propel Singapore’s reputation as a premier global...
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FinTech Revolutionises Cross-Border Payments, Fueling India’s Rise in Global Trade

  • October 30, 2024
  • Theodora Kwening
  • FinTech Services
India’s economic boom, with a surging GDP and growing global trade influence, has created a fertile ground for FinTech innovation, particularly in cross-border payments. Over the past decade, India...
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Akwaaba App, Ghanaian events Startup launches Rewards Programme

  • October 22, 2024
  • Theodora Kwening
  • FinTech Services
Ghanaian events startup Akwaaba App has launched a rewards programme designed to help businesses market promotions and special offers. Akwaaba App connects users to verified local businesses, events, rewards,...
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Oracle unveils Investigation Hub to Transform Financial Crime Management

  • October 17, 2024
  • Theodora Kwening
  • Artificial Intelligence, FinTech Services
Oracle Financial Services, a global leader in providing integrated finance, risk, and compliance solutions, has introduced a new product. The Oracle Financial Services Crime and Compliance Management Investigation Hub...
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