Tag: financial inclusion
Native American-focused neobank Totem set to close down
Closure Announcement: Totem Technologies, a neobank founded in 2022 to serve Native Americans, announced it is shutting down. The news was shared by...
Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia
Octo3 and Evantagesoft (EVS) Merge to Form FTS.Money
Key Points:Merger and New Brand:Companies Involved: Payment infrastructure firm Octo3 and banking technology solutions provider...
Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo
Alt.bank Migrates novücard Credit Card to Pismo's Core Banking Platform
Key Points:Migration Details:Fintech: Brazilian fintech alt.bank.
Product: novücard credit card.
New Platform: Migrated...
Kenya’s Diamond Trust Bank taps Network International for digital payment solutions
Summary of Diamond Trust Bank (DTB) and Network International Partnership
Entities: Diamond Trust Bank (DTB, Kenya) and Network International (digital payments company serving MEA region)
Key...
Meridien Holdings acquires stake in FX liquidity firm DKK Partners to bolster plans for NYSE listing
Meridien Acquires 27% Stake in DKK PartnersAcquisition Details:Acquirer: US-based holding company Meridien
Stake Acquired: 27% of DKK Partners
Transaction: In exchange for...
ICYMI fintech funding round-up: Dopay, Wamu, Mifundo, Papaya and more
ICYMI Funding Round-Up: Latest Fintech Funding NewsDopayAmount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...