The Fintech Times

MARCH 27, 2025

This impact has been recognised by the Central Bank of Nigeria , which awarded the Company with the National Inclusive Payment Initiative Award in 2022 and Financially Inclusive Fintech of the Year in 2024. In Nigeria specifically, financial services have not historically been distributed at scale with regions and communities underserved.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

Fintech News

JUNE 12, 2025

The company partners with financial institutions to offer investment products, targeting underserved mass retail investors in Vietnam, from millennials to families in rural areas. In 2022, the company took a major step toward this goal by acquiring Vina Securities, becoming the first licensed digital investment platform in the country.

Government 106

Government Governance Acquirers Cryptocurrency 106

The Fintech Times

JUNE 23, 2025

It reveals that since 2022, there has been a 22 per cent rise in users turning to loan sharks. The 2025 Plend report shines a stark light on the deepening credit divide across the country, exposing the dangerous consequences faced by millions who remain locked out of fair financial services.

BNPL 40

BNPL Financial Inclusion Underserved Governance 40

Finovate

JULY 15, 2025

The integration helps promote financial inclusion, providing greater reach into underserved communities where physical branches may be distant or unavailable. ” Founded in 2014, Eltropy made its most recent Finovate appearance at FinovateFall 2022.

AI 72

AI Credit Union Community Banks Bots 72

CB Insights

OCTOBER 4, 2022

Others are striving to make banking, loans, mobile wallets, and investing products available to historically underserved populations all over the world. . GET the list of 2022 fintech 250 companies. Below are a few highlights from the Fintech 250 Class of 2022. Fintech 250 (2022). Track the Fintech 250 (2022) winners.

FinTech 101

FinTech B2C B2B Point-of-Sale (POS) 101

Faster Payments Council

SEPTEMBER 12, 2022

This in-person event will take place on September 14-15, 2022 at the Delta Hotels Minneapolis Northeast in Minneapolis, MN.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC. per cent from 2022 to 2031. Globally the financing gap for formal MSMEs is an estimated $5.2

Underserved 69

Underserved Finance Technology APACS 69

Fintech News

OCTOBER 28, 2024

Finfra reported that it has facilitated over US$65 million in credit for underserved Indonesian businesses since its establishment in 2022. Existing investors in Finfra include Hustle Fund, Firstpick, DS/X Ventures, Seedstars, Fintech Nation Fund, BADideas Fund, and Gold Dragon Ventures.

Financial Inclusion 122

Financial Inclusion Underserved Facilitators FinTech 122

CB Insights

AUGUST 26, 2021

It also processed over $10B in transaction volume in that time, reaching over 5,000 money transfer corridors, including those in underserved parts of Asia and Africa. The post This Accel-Backed Digital Money Transfer Startup Raised $292M Ahead Of A Potential IPO In 2022 appeared first on CB Insights Research.

Online and Mobile Banking 69

Online and Mobile Banking Underserved Volume Participant 69

PYMNTS

DECEMBER 6, 2020

will hire 200 people before launching publicly in early 2022, Bloomberg reported. We expect them to thrive alongside the incumbent banks and raise the industry’s bar in delivering quality financial services, particularly for currently underserved businesses and individuals.”. and Singapore Telecommunications Ltd.

Underserved 68

Underserved Authorization Technology Process 68

Fintech News

NOVEMBER 11, 2024

Digital financial services (DFS) in Southeast Asia (SEA) are experiencing a remarkable growth trajectory, with projected revenues soaring by 22% from US$22 billion in 2022 to US$33 billion in 2024, a new report by Google, Temasek and Bain and Company says. fold between 2022 and 2024 to US$11 billion.

NOV 134

NOV Non-Bank Debit Card P2P 134

Fintech News

APRIL 28, 2024

According to Nikkei Asia , this move is part of a strategic effort to establish a significant presence in regions currently underserved by major digital asset platforms. In 2022, Siam Commeercial Bank had scraped plans to acquire 51% of Bitkub’s shares in a deal worth over US$500 million which valued the crypto exchange at US$1 billion.

Underserved 128

Underserved Cryptocurrency Economy Use Case 128

Fintech News

JANUARY 24, 2024

million by 2022. With S$1,198,972 in 2019 revenue rising to S$3,377,749 in 2022, Spark Systems experienced a 41% CAGR over the period. Funding Societies is one of the fastest-growing fintechs in Singapore by revenue growth, as it has achieved a CAGR of 47% from 2019 to 2022, according to The Straits Times and Statista.

FinTech 119

FinTech Payment APIs and Integration On-Demand Innovation 119

Fintech News

MAY 5, 2024

In 2022, the Fintech Philippines Report 2023 highlighted a leap towards digitalisation, with 42.1% Since starting with in-store consumer financing in the Philippines market in 2022, Salmon has championed financial inclusion for those underserved by traditional banking. from 56% in 2021.

Financial Inclusion 119

Financial Inclusion Underserved Disaster Recovery Regulatory Compliance 119

Fintech News

FEBRUARY 20, 2024

In 2022, the country was home to 993 active fintech companies, representing about 25% of all fintech ventures operating across the ASEAN region, data from a 2022 report by the United Overseas Bank (UOB), PwC Singapore and the Singapore Fintech Association (SFA) reveal. billion to US$15 billion during the period.

FinTech 126

FinTech Online and Mobile Banking Payment APIs and Integration Security 126

Fintech Finance

OCTOBER 28, 2024

Adyen, the financial technology platform of choice for leading businesses, has today launched a new report with Boston Consulting Group (BCG) which reveals a game-changing $185 billion market opportunity for SaaS platforms, a substantial 25% increase since 2022.

Embedded Payments 98

Embedded Payments Embedded Finance Research Finance 98

The Fintech Times

SEPTEMBER 2, 2024

Both firms aim to make credit services more inclusive for underserved market segments, such as micro, small, and medium-sized enterprises (MSMEs). ” Supporting underserved businesses and communities In recent years, Brazil has made significant progress in financial inclusion.

Financial Inclusion 72

Financial Inclusion AI Underserved Underwriting 72

Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

FICO

JANUARY 11, 2023

Top 5 Decision Management Posts of 2022: AI and Digital Jane. Wed, 05/25/2022 - 03:43. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. Saxon Shirley.

AI 52

AI Posting Audit Governance 52

Fintech News

JANUARY 18, 2024

Trust Bank: Rapid customer acquisition and unique products Trust Bank , backed by Standard Chartered Bank and FairPrice Group, launched in Singapore in 2022. It is also the first virtual bank in Hong Kong to receive a Type 1 license from the Securities and Futures Commission for dealing in securities in January 2022.

APACS 124

APACS Finance Cross-Border Ubiquitous 124

Fintech News

FEBRUARY 26, 2024

billion in 2022, plus a further plunge to US$39 billion in 2023, as per CB Insights — has seen fintechs in certain regions noting the poor funding outlook as a hindrance to better growth. But the noticeable decline in fintech investment — halved from US$140.8 billion in 2021 to US$77.5

FinTech 143

FinTech Consumer Financial Inclusion On-Demand 143

Fintech News

FEBRUARY 4, 2024

trillion in assets in 2022, and firms strive towards a more diverse workforce and comply with regulatory requirements. Firms like Fidelity Investments, Wells Fargo , and Morgan Stanley are driving social impact through initiatives targeting minority and underserved groups. Impact investing exceeded US$1.1

Returns 136

Returns On-Demand AI Underserved 136

Clearly Payments

OCTOBER 7, 2024

In the United States alone, the number of mobile wallet users grew from 64 million in 2019 to over 100 million by 2022. billion in 2022, up from $7.5 This has led to a concerted effort to develop payment solutions that cater to these underserved groups. Global spending on fraud prevention solutions reached $10.4 billion in 2019.

Cross-Border 105

Cross-Border Processors Contactless Payments Multi-Currency 105

Fintech News

FEBRUARY 27, 2024

Rapid digitalisation, a young internet-savvy population, and underserved markets make the region ripe for fintech disruption. Following its Series E2 funding round in October 2022 , Airwallex secured an additional US$100 million, elevating its total fundraising to over US$900 million. Despite global fintech funding nosediving to US$39.2

FinTech 124

FinTech Risk Federal Reserve Compliance 124

Fintech News

APRIL 3, 2024

It draws on a survey of 114 fintech firms across 17 countries, as well as interviews with leaders from 25 fintech firms, conducted between November 2022 and February 2023. According to Oliver Wyman, women constitute the single largest underserved group of customers in the financial services industry.

Financial Inclusion 130

Financial Inclusion FinTech Financial Literacy Non-Bank 130

The Fintech Times

APRIL 12, 2024

Remittances remain a key economic driver in Sub-Saharan Africa with a reported $53billion flowing into the region in 2022. billion worth of foreign currency inflows in 2022. In Kenya, the Central Bank of Kenya reported $5.77 ” This collaboration also ensures full value for recipients as there are no landing fees.

Cross-Border 69

Cross-Border Visa Transactions Financial Inclusion 69

Fintech News

JULY 23, 2024

By the end of 2022, Akseleran had disbursed almost IDR 6.6 This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. billion by late 2022. trillion (US$407 million) in loans and booked IDR 71.5 billion (US$4.4

FinTech 134

FinTech Online and Mobile Banking Multi-Currency Non-Bank 134

Fintech News

SEPTEMBER 10, 2024

Programme Sirius , for example, focuses on advancing sustainable practices and improving access to sustainable financing for underserved communities. The platform quickly gained popularity, boasting 12 million registered users who, as of December 2022, had collectively offset over 30.5 billion grams of carbon emissions.

Cross-Border Payments 111

Cross-Border Payments Cross-Border APACS Interoperability 111

FICO

DECEMBER 1, 2022

Tue, 07/19/2022 - 16:11. Thu, 12/01/2022 - 11:05. There’s no way to sugarcoat it: 2022 was a rough year for businesses. Here's an example of why we need to focus more on practical uses of Generative AI: Open banking represents a huge revolution in credit evaluation, particularly for the underserved. by Scott Zoldi.

AI 98

AI Governance Government Audit 98

PYMNTS

DECEMBER 4, 2020

We expect them to thrive alongside the incumbent banks and raise the industry’s bar in delivering quality financial services, particularly for currently underserved businesses and individuals. MAS expects the new digital banks to commence operations in early 2022. Wong said in the Friday (Dec.

Underserved 65

Underserved Non-Bank Authorization Small Business 65

The Fintech Times

SEPTEMBER 2, 2024

These digital-first institutions are bridging gaps in traditional banking, offering innovative solutions to meet the needs of a diverse and underserved market. For instance, in Saudi Arabia, the Saudi Arabian Monetary Authority (SAMA) granted licences to STC Bank and Saudi Digital Bank in June 2021, followed by D360 in February 2022.

Non-Bank 64

Non-Bank Visa FinTech Underserved 64

The Fintech Times

JANUARY 10, 2024

The deal will bolster access to modern banking services for millions of underserved and underbanked Filipinos in key regions. Accelerating inclusive growth The transaction also supports the Rural Bank Strengthening Program launched by the BSP in 2022 to enhance the country’s rural banking sector.

Financial Inclusion 59

Financial Inclusion Underserved Transactions Product 59

Fintech News

OCTOBER 28, 2024

The APIs has not only helped platform partners unlock new revenue opportunities, more importantly, it has allowed ANEXT Bank to engage and enable the ecosystem of partners to accelerate and scale financial inclusion for unserved and underserved MSMEs.

AI 110

AI FinTech Innovation Payment APIs and Integration 110

The Fintech Times

AUGUST 28, 2024

In 2022, the country housed over 2,400 startups, as well as 120 incubators and accelerators with 200 financing institutions catering to startups; according to the Asian Development Bank. In 2022, over 80 per cent of the population had smartphones and over 212 million people accessed the internet via mobile devices.

FinTech 69

FinTech Economy Authorization Underserved 69

Finovate

APRIL 10, 2024

Empower , a fintech helping to extend credit to underserved consumers, announced plans to acquire underserved credit card provider Petal. New York-based Petal was founded in 2018 to offer underserved consumers access to credit cards. Empower has two million active subscribers and achieved profitability in 2022.

Credit Cards 52

Credit Cards Underserved Underwriting Acquirers 52

The Payments Association

MAY 9, 2025

trillion in annual turnover (BEIS, 2022). Initiatives targeting underserved groups, such as women-led businesses or those outside the South East, will ensure that financial access supports broad-based economic growth. Small and medium-sized enterprises (SMEs) are the bedrock of the UK economy. Representing 99.9%

Finance 88

Finance Cross-Border Payment APIs and Integration Real Time Payments 88