Banking
Bangladesh Bank taps Fime to launch domestic card scheme
Bangladesh Bank partners with fintech company Fime to launch a domestic card scheme, aiming to enhance financial inclusion through a stable payment infrastructure.
FactsBangladesh...
Banking
Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m
Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming the second largest microfinance entity...
Banking
Credit card fintech Petal secures $200m debt facility from Victory Park Capital
New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...
Banking
Mercury Financial secures $200m debt facility to expand credit card business
US fintech Mercury Financial has secured a $200 million debt facility from Neuberger Berman to expand its credit card business and serve the middle...
Blockchain
The Republic of Palau taps Ripple for first stablecoin pilot
The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...
AI
Vanquis Banking Group buys UK smart money app Snoop
Vanquis Banking Group has acquired UK fintech Snoop, a money-saving app leveraging AI and open banking technology, allowing users to track spending habits and...
Banking
ICYMI fintech funding round-up: Giraffe, eflow Global, Galaxy Ventures & more
FinTech Futures presents its weekly fintech funding round-up, featuring recent funding announcements in the industry.
FactsGiraffe, an impact investing platform for employees, secures $10.5...
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