Archive for November 2022
Digital bank Kuda enters UK to help Nigerians avoid ‘prohibitive’ transfer fees
The digital-only bank will charge UK-based Nigerians a flat fee of £3 with a transfer limit of £10,000.
Read MorePayment fintech Pyypl closes $20m Series B funding round
The Middle East and Africa (MEA)-focused financial services platform plans to expand its reach across the region.
Read MoreOpen Banking Implementation Entity announces search for new Chair and Trustee
Charlotte Crosswell OBE, chair and trustee of the OBIE, will step down from her role when her contract expires.
Read MoreHow can fintechs weather the financial storm?
Olga Shikhantsova, a partner at European venture capital fund Speedinvest, writes about why, no matter the macroeconomic outlook, there’s always an opportunity for fintechs to shake things up.
Read MoreFintech Galaxy receives license from Central Bank of Bahrain
It has become the first central bank-regulated Open Finance platform in the MENA region, where Open Finance is forecast to grow to $11 billion by 2027.
Read MorePlend secures £40m in seed funding to scale in 2023
The ethical lender, which launched its first affordable credit product this year, has received investment from the founders of Monzo and Starling Bank, among others.
Read MoreBIS teams up with three central banks to explore cross-border CBDCs using DeFi protocols
The exploration on cross-border exchange of wholesale CBDCs involves the central banks of Singapore, France and Switzerland and aims to deliver a proof of concept by mid-2023.
Read MoreQ&A: Token’s Sunil Gossain reveals what customer success in Open Banking payments looks like
Token’s VP, customer success Sunil Gossain on the shift to A2A payments as a primary payment method and what PSPs can do to drive adoption.
Read MoreSaudi Central Bank publishes Open Banking Framework
Banks and fintechs are expected to be ready to launch Open Banking services in the Kingdom in Q1 2023.
Read MoreGoCardless boss celebrates shared vision of Nordigen founder
Chief product and growth officer at GoCardless, Duncan Barrigan, and CEO and co-founder of Nordigen, Rolands Mesters addressed delegates at Open Banking Expo UK last month.
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