Tag: financial inclusion
Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding
Funding Round: Moniepoint raised $110 million in a Series C round led by ADP III, with participation from Lightrock, Google’s Africa Investment Fund,...
New digital wallet Kuady launches in several LatAm markets powered by Mambu
Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed at financial inclusion.
Powered by...
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority (PRA).
Launch Timeline: The bank...
US fintech start-up CapWay shuts down
CapWay, a US-based fintech focused on financial inclusion, has shut down. The closure was announced by founder Sheena Allen on LinkedIn.
Founded in...
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and Hispanic neighborhoods in and around...
FinVolution expands into Pakistan with Daira launch
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible loans with funds transferred to...