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Stories published on May 27
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  • Stories published on May 27

Monday, May 27

17

Is fintech the key to better debt collections?

www.americanbanker.com

Digital-first collection agencies such as TrueAccord, January and InDebted are analyzing consumer engagement signals and more to determine the most effective way for its clients to collect on debt.

15

Prime Minister Narendra Modi Says India Leading Global Fintech Ecosystem Thanks to UPI

www.latestly.com

Driven by digital public infrastructure (DPI) models like unified payments interface (UPI), the country is now leading the global fintech ecosystem and several countries are ready to embrace the 'India Stack' solutions to empower the…

10

BharatPe vs PhonePe Trademark Case: Indian Fintech Companies Settle All Trademark Disputes Over ‘Pe’ Suffix

www.latestly.com

BharatPe Group and PhonePe Group have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix 'Pe', a joint statement read.

04

03

MTN Group Fintech Leads Financial Inclusion Revolution With Over 70 Million Users

independent.ng

LAGOS – The Chief Executive Officer of MTN Group Fintech, Serigne Di­oum has reaffirmed his outfit’s commitment to driving financial inclusion across Africa, leverag­ing innovative solutions to em­power individuals and businesses.…

Sunday, May 26

00

Egyptian Fintech Startup MNZL Secures $3.5 Million in Seed Funding

www.techinafrica.com

MNZL, an Egyptian fintech startup, has secured $3.5 million in seed capital to enhance its technology and expand its operations, aiming to empower more Egyptians. The seed round was led by P1 Ventures, Localglobe, and Ingressive Capital,…

02

Nigerian startup wins fintech competition in US

punchng.com

Regfyl, a startup specialising in anti-money laundering, fraud prevention, and regulatory compliance, has emerged as the winner at the Africa Fintech Summit Pitch Competition in Washington, United States. The Africa Fintech Pitch…

Saturday, May 25

18

CBN Financial Policies Are Boosting Trust In FinTechs Ecosystem- PalmPay CEO

independent.ng

Mr. Chika Nwosu, Managing Director of PalmPay, has commended the Central Bank of Nigeria (CBN) for its policies in regulating the FinTech ecosystem. Speaking during Channels TV Business Roundtable as a guest recently, Nwosu said that…

14

Banks Poised to Disrupt FinTechs – Expert Predicts

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, techfocus24, https://newsghana.com.gh/banks-poised-to-disrupt-fintechs-expert-predicts/Lee Maina, Chief Solution Architect and Vice Leader for Fintech at Huawei, has forecasted that…

Friday, May 24

00

Massachusetts AG Forces Fintech from State as Part of “True Lender” Settlement

natlawreview.com

274269 at https://natlawreview.com/article/massachusetts-ag-forces-fintech-state-part-true-lender-settlement

16

GCM Grosvenor to Present at the TD Financial Services & Fintech Summit on June 7, 2024

www.benzinga.com

A link to the live audio webcast of the presentation will be available on GCM Grosvenor's public shareholders website and ...

11

BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%

www.pymnts.com

The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the Consumer Financial Protection Bureau (CFPB) weighed in with new oversight over providers. The…

08

Paytm Layoffs: Fintech Major To Lay Off 5,000 to 6,300 Employees, Plans To Use AI To Reduce Costs, Says Report

www.latestly.com

Paytm reportedly considering to lay off 15-20% employees to meet with its annual cost saving plan of Rs 400-500 crore. The Paytm layoffs will reportedly affect 5,000 to 6,300 employees in the current financial year.

Thursday, May 23

18

Nigeria’s Fintech Freeze: A Pause to Secure the Future?

businesspost.ng

By Elue Precious Remember when accessing financial services meant battling long queues at brick-and-mortar banks? Nigeria’s fintech revolution promised to change that, offering a wave of convenience, and inclusion. However, the Central…

CBN vs fintechs: What's really going on

techpoint.africa

On this week's episode of the Techpoint Africa Podcast, we discuss the CBN-fintech tussle, and the 16-month salary delay at Bloc.

13

Fintech Association of Kenya (FINTAK) Appoints Dr Juliet Ongwae as a Board Director

techmoran.com

The Fintech Association of Kenya (FINTAK) has named Dr Juliet Ongwae as a Board Director, effective May 20, 2024. With over two decades of experience in the digital financial services (DFS) sector, Dr Ongwae is recognized for her…

11

London-based fintech Viable raises €2.8 million to improve finance outcomes for new breed of online and multi-channel merchants

www.eu-startups.com

Viable, an intelligent finance startup that helps consumer brands improve growth, profit and cash flow outcomes, announced the closing of its €2.8 million seed funding round with participation from Episode 1, Haatch, Portfolio Ventures and…

10

Calls for Bank of Ghana to Elevate Head of Fintech and Innovation to 3rd Governor

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/calls-for-bank-of-ghana-to-elevate-head-of-fintech-and-innovation-to-3rd-governor/Founder and CEO of Edel Technology Consulting, Ethel Cofie has…

01

Shutdown of fintech middleman Synapse freezes thousands of Americans' deposits

triblive.com

NEW YORK — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial…