Tag: Cards

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ICYMI fintech funding round-up: Kudos, Teal, WeMoney and more

Kudos Secures $10.2 Million in Series A Funding:Funding Round:Amount: $10.2 million Led by: QED Investors Other Participants: Patron, Samsung Next, SV Angel,...

Cooperative Bank of Oromia in Ethiopia partners Mastercard for prepaid cards and Community Pass

Overview:Entities Involved: Cooperative Bank of Oromia (Ethiopia) and Mastercard. Agreement: New five-year strategic partnership aimed at boosting digital and financial inclusion in Ethiopia.Key...

Avidbank partners Corserv to launch commercial credit card programme

Avidbank in the USA partners with Corserv to launch a new credit card offering for commercial clients.Corserv’s Role:Corserv’s Account Issuer...

US fintech Yendo secures $165m in mix of debt financing and equity

Company Overview:Yendo is a US fintech offering the world’s "first-ever vehicle-secured" credit card. Launched in 2022 and based in Dallas, Texas.Funding...

South African fintech Lesaka snaps up Adumo in $86m deal

Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo. The deal...

Equals Money to power Chorus TM’s new financial management platform for the music industry

Equals Money to Power Chorus TM:Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a...