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Fintech Business

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M2P Fintech on Track to Secure $80M in New Funding Round

Indian fintech startup M2P, which is experiencing a high growth rate, anyway, is reportedly preparing for an $80M+ funding round that will only strengthen its position. Fresh capital that will be needed will be instrumental in the company’s growth plan through diversification of

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India’s Fintech Sector: Emerging as a Global Powerhouse

The fintech industry in India over the past decade has seen rapid development, allowing the country to stand in fast emerging economies globally. Originally limited to serving the region’s financial requirements, the sector has received an unforeseen boost, which sets trends beyo

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Fintech: A Game-Changer for SME Financing in Pakistan?

SMEs have an importance in the economic development and employment generation across Pakistan in terms of user industries. Nonetheless, obtaining finance is still a challenge that SMEs face because; banks are limited in providing loans on credit creditworthiness basis, lack colla

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Goodwell Makes Its Ugandan Debut with Fintech Partnership

Goodwell Investments, the Netherlands’ longest-standing impact investment firm, is making waves in the Ugandan market with its inaugural investment in the Agent Banking Company of Uganda. This fintech company is dedicated to improving access to high-quality and affordable financi

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Regtech Innovator Ondorse Expands Reach in UK

Ondorse, a popular compliance based automation platform from Paris, recently announced a significant step forward in its expansion plans for the UK and Ireland. With the successful closing of three new client agreements, the regtech innovator is set to deepen its presence in thes

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Top WealthTech Innovations that are Here to Stay

WealthTech WealthTech isn’t just a participant in the financial world, it’s a visionary leader. Equipped with state-of-the-art tools and technologies, WealthTech is transforming the way how people manage their money, optimize investment strategies, and guard the security of famil

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UK Insurtech Sector Gains Momentum with New Advisory Panel

Insurtech UK has unveiled its new Advisory Panel, a strategic initiative designed to bring together senior leaders from across the insurance industry to advance the future growth and development of UK insurtech. This panel represents a significant milestone in the sector’s evolut

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Mortgage Market Boost – Lender Offers Rates Under 4%

As competition among lenders intensifies ahead of the Bank of England’s forthcoming rate decision, mortgage rates have seen a noticeable decline. Several reports claim that the average rate for a two-year fixed deal, which was close to 6% at the beginning of the month, has now fa

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Personal Finance Webinar to be Hosted by ANZIIF

ANZIIF, which is short for the Australian and New Zealand Institute of Insurance and Finance plans to organize a webinar for personal finance management. The institution will host this event to celebrate Money Month in hopes of educating people about the benefits of financial man

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SumUp and Ayden Partner to Provide Faster Payouts to SMEs

A strategic partnership between Ayden and SumUp will deliver a superior payment experience and speedy settlements to millions of small and medium enterprises (SMEs) globally. Thanks to this partnership, SumUp will be able to add to its near-instant settlement services for merchan

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Societe Generale Sells French Fintech Shine to Ageras

Danish firm Ageras and Societe Generale have reached an exclusive agreement. This will see the former acquire the fintech Shine. It is the largest acquisition of the company to date, amongst the eight acquisitions it has made so far. It comes after the company had announced a fun

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Revolut and GTN Partner to Offer Bond Trading Services

GTN and Revolut have entered into a partnership to offer bond trading services to European clients via the Revolut app. Revolut will leverage the fintech firm’s instant click-to-trade technology to deliver a seamless bond trading experience. The Initiative Thanks to this initiati

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Spain’s BBVA Planning to Launch Digital Bank in Germany

The second-largest Spanish bank, BBVA, revealed its plans of launching a digital bank in Germany. The move comes as part of the bank’s plan to boost its customer numbers. BBVA has enjoyed considerable success in Italy and wants to mirror that success in Germany to increase its cu

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NatWest Snaps Up Banking Business from Sainsbury

One of the leading supermarket chains in the United Kingdom, Sainsbury, has made a deal with British bank NatWest. The leading bank will acquire the supermarket giant’s banking division in a deal that will reach completion in 2025. The Sale According to Sainsbury, there is no act

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Rising DDoS Attacks Wallop UAE’s Growing Fintech Industry

Qrator Labs recently issued a detailed report on the rise in application layer DDos attacks in the fintech sector. According to the cyberattack mitigation services provider, there was a substantial rise in these attacks in the first quarter of this year. The Attacks The company r

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Norfund Grants Convertible Loan to Vietnam’s SeABank

Norfund announced its decision to invest $30 million in SeABank i.e. Southeast Asia Commercial Joint Stock Bank. The Norwegian Investment Fund for Developing Countries disclosed that the investment in the Vietnam-based bank will be in the form of a convertible loan. The Loan A st

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Fintech Firm Pine Labs Weighing $1 Billion IPO in India

Fintech unicorn Pine Labs has decided to go ahead with its reverse flipping plan. Reports have revealed that it is now considering an initial public offering (IPO) in India. This would be valued at $1 billion, or INR 8,300 Crores. A report from Bloomberg mentioned sources, claimi

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Is P2P Lending Still Worth in 2024?

Peer-to-peer lending will celebrate its 20th anniversary in 2025. However, since Zopa’s initial P2P offering in 2025, the market has undergone significant changes. For instance, several P2P industry pioneers, including Zopa, are no longer involved in the P2P space. Actually, duri

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Understanding the ins and Outs of Open Banking

The financial services sector has undergone a massive transformation in recent years, thanks to the introduction of open banking. Since open banking has become a thing, it has changed how banks and businesses interact with each other. Since the infrastructure of open banking is m

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What you Need to Know About Alternative Lending

If you own a small business, there is a huge likelihood that you may have faced difficulties acquiring a standard loan. Now, however, things are vastly different, as you can choose from several options to get the right funds for your enterprise. In recent years, alternative lendi

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Key Considerations for Launching a Fintech Startup

Launching a fintech firm involves negotiating a complex territory of rules, industry dynamics, and technology factors. Having a firm knowledge of the fundamentals of starting a profitable business is crucial in the ever-evolving financial technology sector. This guide will cover

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