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Knowledge Innovations > FinTech News > FinTech Technologies

SA fintech startup Float secures $11m funding facility from Standard Bank

  • March 21, 2024
  • Theodora Kwening
  • FinTech News, FinTech Technologies
South African fintech startup Float has secured a US$11 million funding facility from Standard Bank to facilitate the rollout of its card-linked installments platform, supporting its accelerated growth plans...
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2024: The Beginning Of The End Of Bank-Fintech ‘Partnerships’

  • December 5, 2023
  • Kwami Ahiabenu
  • FinTech Technologies
By Ron Shevlin OBSERVATIONS FROM THE FINTECH SNARK TANK Prediction: By the end of this decade, bank-fintech partnerships will be a thing of the past. This prediction flies in...
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Shekel Mobility secures $7m seed fund

  • November 29, 2023
  • Kwami Ahiabenu
  • FinTech Technologies
By Justice Okamgba Shekel Mobility, a Nigerian mobility-fintech startup, has secured $7m in seed funding to reshape Africa’s automotive landscape. The funding, comprising $3.2m in equity and over $4m...
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Amazon One palm payment technology is coming to all 500+ Whole Foods Market stores in the U.S.

  • July 22, 2023
  • Kwami Ahiabenu
  • FinTech Technologies
As Amazon One—Amazon Web Services’s palm recognition service for identification, payment, loyalty membership, and entry at over 400 locations across the U.S.—reaches a critical milestone with more than 3...
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Nigeria : Reps probe illegal fintech, loan apps threatening debtors

  • February 10, 2023
  • Kwami Ahiabenu
  • FinTech Technologies
The House of Representatives has resolved to investigate the activities of illegal financial technology companies and mobile application lenders who threaten debtors for failing to repay loans. At the...
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Scotiabank Launches Scotia TranXact™ for Business Banking Clients

  • August 10, 2022
  • Theodora Kwening
  • FinTech Technologies
Canada’s Scotiabank has debuted a new digital payments platform for business banking clients, Scotia TranXact ™, to give the business banking clients real-time payments, request-to-pay and account information services...
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Future Unmasked: Deloitte predicts Digital Transformation in Finance by 2025

  • August 2, 2022
  • Theodora Kwening
  • Emerging Tech, FinTech Technologies
As technologies emerge and the finance ecosystem needs to reimagine, Deloitte, a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services has...
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Nigerian fintechs grapple with KYC amid rapid growth

  • July 30, 2022
  • Kwami Ahiabenu
  • FinTech Technologies
Nigerian financial technology companies are grappling with the aftermath of a Kenyan court account freeze order and a decision by a Texas court to jail the founders of Ping...
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Metaverse to give Digital banking Human Touch

  • July 13, 2022
  • Theodora Kwening
  • FinTech Technologies
The next leap of technology promises to bring a human touch to the digital experience with virtual interactions in the metaverse. Like what Union Bank of India did on...
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M2P Fintech Acquires Cloud Lending Startup Finflux, After Wizi, Origa AI acquisition

  • July 7, 2022
  • Theodora Kwening
  • FinTech Services, FinTech Technologies
Fintech SaaS startup M2P Fintech has acquired Finflux, a Bengaluru-based cloud lending platform. Finflux becomes the third acquisition by M2P after it acquired two fintech startups in September 2021....
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