Advent International snaps up UK paytech myPOS
Advent International Expansion:US private equity firm Advent International is acquiring UK paytech myPOS to expand its digital payment services in Europe.
The...
US fintech Brex names Karandeep Anand as its first president
Brex Leadership Change:US-based expense management platform Brex appoints Chief Product Officer Karandeep Anand as its first president.
Anand joined Brex in January...
WeLab launches Bank Saqu as its second digital bank in Asia
Bank Saqu Launches in Indonesia:WeLab and Astra Financial introduce Bank Saqu, a new digital banking service in Indonesia.Record-Breaking Development:Bank Saqu...
Jordan’s Capital Investments taps Codebase Technologies for digital onboarding
Capital Investments Launches Digital Onboarding:The investment arm of Capital Bank of Jordan, Capital Investments, has introduced digital onboarding services.
Powered by Codebase...
UK-Africa remittance start-up Zazuu closes down
Company Closure: UK-based fintech start-up Zazuu is shutting down.
Market Focus: Zazuu operated in Africa, running a cross-border payment network marketplace.
Funding History:...
Egypt’s KashNow partners Sandah to provide small businesses with access to financing
Partnership Overview:KashNow, a subsidiary of Noqood Holding, is partnering with microfinance company Sandah.
Aimed at digitizing lending for Egyptian micro-entrepreneurs.Digital Loan...
Eurasian Bank launches Digital Tenge Card in preparation for Kazakhstan’s CBDC
Eurasian Bank collaborates with Mastercard to launch Digital Tenge Card, facilitating purchases with Kazakhstan’s central bank digital currency (CBDC).
The debit card seamlessly...
US lender Enova fined $15m by CFPB for “widespread illegal conduct”
Enova was fined $15 million by CFPB and banned from offering certain short-term loans.
Charges include unauthorized fund withdrawals, deceptive loan statements, and...
Regulators approve ex-UK cabinet minister Gavin Williamson’s appointment to Lanistar advisory board
Acoba Approval:The Advisory Committee on Business Appointments (Acoba) has approved Gavin Williamson's appointment to the advisory board of UK-based fintech Lanistar.Williamson's...
