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  • Stories published in last 24 hours

Wednesday, May 8

22

Fintechs pitch banks with solutions to help consumers deal with debt

Consumer debt aggregators such as Method, Payitoff, Spinwheel and Tally are partnering with financial institutions to embed solutions that aggregate account information and devise ways to optimize repayment — including with low-interest…

20

Leveraging Banxso’s Blueprint: A Strategy For African Fintech Expansion

newtelegraphng.com

Banxso, a trailblazer in South Africa’s FX & CFD brokerage landscape, has captured significant attention in 2023 for its innovative approaches and strategic expansion, both within Africa and globally. The firm’s robust acquisition of…

19

Lesaka Acquires Adumo to Expand Fintech Footprint in Southern Africa

techeconomy.ng

Lesaka will issue a combination of cash and stock to acquire Adumo

18

With Deepfake Avatars And Tokens, AI Transforms Weed, Fintech And Real Estate Markets, CEO Explains How

www.benzinga.com

Darius Bruner, CEO of 8blockchainfund, manages a turnkey special purpose vehicle (SPV) fund that uses AI technology to streamline business capital formation.

Banxso’s Model Of Innovation: Strategic Insights For Global Fintech Ambitions

independent.ng

Banxso, a pioneering force in South Africa’s FX & CFD brokerage sector, has carved a niche in the financial world in 2023 with its innovative strategies and expansive global reach.Licensed by top regulatory bodies such as South Africa’s…

17

Fintech Banking To Bring Plastic Revolution: What Startups Should Know

tribuneonlineng.com

Tribune Online; Fintech Banking To Bring Plastic Revolution: What Startups Should Know

Fintech startup Simpl cuts around 100 jobs in restructuring exercise

www.siasat.com

New Delhi: Fintech startup Simpl has laid off around 100 employees in a restructuring exercise, a media report said on Wednesday. According to Inc42, citing sources, the fresh job cuts have impacted workers across teams and verticals. “As…

Cybersecurity To Add An Extra Security Layer For Fintech: Know-How

tribuneonlineng.com

Tribune Online; Cybersecurity To Add An Extra Security Layer For Fintech: Know-How

Why this fintech isn't rushing retirees out the door

DCI in Hutchinson, Kansas, is giving employees unsure about retirement the option to work part-time and gradually ease into the next phase of their lives.

16

SA Fintech Lesaka acquires payment platform,Adumo in a $85.9 million deal

techmoran.com

Lesaka Technologies, Inc, formerly known as Net1 UEPS Technologies, and listed on the Johannesburg Stock Exchange and the Nasdaq has acquired payments services provider Adumo in a $85.9 million deal. The purchase consideration will be…

15

Simpl Layoffs: Fintech Startup Lays Off Around 100 Employees in Restructuring Exercise, Affected Will Receive Severance Pay of Two Months; Check Details

www.latestly.com

Those impacted by the job cuts will receive severance pay of two months along with 15 days' salary for every year spent at Simpl.

11

Saudi Arabian Fintech Firm Rasan Plans to Sell 30% Stake in Riyadh IPO

Saudi Arabian fintech firm Rasan intends to sell a 30% stake in its Riyadh initial public offering, making it one of the first companies from the sector to go public in the kingdom. Rasan and its investors will offer 22.7 …

09

Breaking: Lesaka to acquire fintech platform Adumo for $85 million

techcabal.com

Adumo provides card-acquiring POS devices, integrated payments and reconciliations services to merchants and consumers. The company claims to process over R24 billion ($1.3 billion) annually

08

New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups

New Jersey is creating a strategic innovation center for financial (fintech) and insurance (insurtech) technology startups in a partnership with Silicon Valley-based innovation platform Plug and Play. The new innovation hub will be known…

06

Telco, bank, fintech to advance digital trust at Regtech Africa conference

guardian.ng

As the 2024 Regtech Africa Conference draws to a close, the spotlight shines brightly on the pivotal partnership between 9PSB, UBA, FITC, Network International and MainOne.

Tuesday, May 7

20

CAC intensifies effort to strengthen Fintech industry in Nigeria

tribuneonlineng.com

Tribune Online; CAC intensifies effort to strengthen Fintech industry in Nigeria

19

UK fintech raises £800M for AI that determines how much money you can borrow

thenextweb.com

An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring merits, at least in the lending world. Enter…

18

Nairobi, Kenya, Set to Host the 12th Edition of the Africa Fintech Summit from September 4-6, 2024, at the GTC JW Marriott Hotel

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, AMA, https://newsghana.com.gh/nairobi-kenya-set-to-host-the-12th-edition-of-the-africa-fintech-summit-from-september-4-6-2024-at-the-gtc-jw-marriott-hotel/On September 4-6, 2024,…