The Fintech Times

MAY 9, 2024

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

Financial Inclusion 104

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 104

Fintech Finance

JANUARY 13, 2025

We remain unwavering in our commitment to shaping the future of payments and financial services in this dynamic market, said Mark Elliott, Division President for Africa at Mastercard. Ghana presents a tremendous opportunity for Mastercard to enhance its geographical presence in West Africa.

Visa 98

Visa Financial Inclusion Cross-Border Payments Cross-Border 98

The Fintech Times

NOVEMBER 14, 2024

Félix Pago uses blockchain and artificial intelligence (AI) to power its chat-based platform which makes financial services more accessible for those in historically underserved regions. Remittances from the United States to Latin America reached $155billion in 2023. The user doesn’t care.

Visa 64

Visa Financial Inclusion Cryptocurrency Cross-Border 64

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Despite these advancements, about 30 per cent of the adult population remains underserved in financial services.

Financial Inclusion 69

Financial Inclusion FinTech Central Bank Online and Mobile Banking 69

Fintech Finance

DECEMBER 17, 2024

According to World Bank data, remittance flows to Sub-Saharan Africa reached USD 54 billion in 2023, with a projected growth of 1.5% This enables near-instant transactions in local currencies, providing users greater convenience and financial accessibility.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Financial Inclusion Payment APIs and Integration 97

Fintech Finance

JUNE 7, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report.

Financial Inclusion 64

Financial Inclusion Faster Payments FPC Cross-Border Payments 64

Fintech News

JANUARY 7, 2024

This funding boost comes after KOMUNAL’s operational profitability in the second half of 2023. In 2023, KOMUNAL reported a significant growth, channeling a total of US$ 600 million in combined loans and deposits, nearly three times the amount of the previous year. ” said Hendry Lieviant, Co-Founder & CEO of KOMUNAL.

Financial Inclusion 123

Financial Inclusion Underserved Participant Regulations 123

The Fintech Times

MARCH 27, 2025

In August 2023, we launched our personal banking solution through Moniepoints subsidiary, Moniepoint Microfinance Bank, offering a reliable debit card which can be used at ATMs, POS terminals, and online; alongside a personal banking app where users can make transfers, pay bills and buy airtime. How is Moniepoint supporting the underbanked?

FinTech 59

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

Fintech News

JUNE 9, 2024

From January to April this year, loan disbursements surged by 87.19% compared to the same period in 2023, reaching US$189 million. Since its launch in 2016, JULO has disbursed over US$1 billion in total, with nearly half of that amount disbursed in 2023 alone—a 50% increase from the previous year.

Financial Inclusion 117

Financial Inclusion Underserved Non-Bank Returns 117

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.

FinTech 136

FinTech Online and Mobile Banking Payment APIs and Integration Push-to-Card 136

The Fintech Times

OCTOBER 3, 2024

To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion. It was established to act as the industry’s apex organisation for coordinating, advocating and monitoring all financial inclusion activities in the country.

Financial Inclusion 52

Financial Inclusion Financial Literacy Government Governance 52

Finovate

MARCH 26, 2024

Alan Bekker of eSelf on the future of AI in financial services, The Clearing House’s Jim Colassano on real-time payments, financial inclusion and wealth-building with Rodney Williams of SoLo Funds … these are just a handful of the interviews Greg Palmer and the Finovate Podcast have featured in recent weeks.

Real Time Payments 59

Real Time Payments Fraud Prevention Financial Inclusion AI 59

Fintech News

FEBRUARY 14, 2024

This initiative is part of IFC’s broader commitment to fostering financial inclusivity in Thailand, a commitment that saw a US$105 million loan extended to Thai Credit in July 2023 to support MSMEs, with a significant portion earmarked for WMSMEs.

Financial Inclusion 113

Financial Inclusion Non-Bank Underserved Finance 113

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. The commitment to financial inclusion remains a cornerstone of the fintech value proposition. billion in 2021 to US$77.5

FinTech 143

FinTech Consumer Financial Inclusion On-Demand 143

Fintech News

SEPTEMBER 10, 2024

trillion in consumer spending across channels in 2023. Their growing popularity has spurred continuous financial innovation, such as the rise of buy now, pay later (BNPL). In 2023, BNPL arrangements represented 4% of e-commerce transaction value, a significant increase from the mere 1% in 2020. million registered users.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

Fintech News

MAY 5, 2024

By setting up shop right in the bustling heart of the country’s financial district, Oradian is not just physically closer to clients — the Filipino fintech is better positioned to be effective within the very fabric of everyday Filipino financial life. from 56% in 2021.

Financial Inclusion 117

Financial Inclusion Underserved Disaster Recovery Regulatory Compliance 117

The Payments Association

MARCH 18, 2025

Open finance represents more than an incremental step beyond open bankingit is a structural shift toward interconnected financial ecosystems, with major implications for product development, partnerships, and customer ownership in the digital payments space. As of 2023, account-to-account (A2A) transactions in the U.S. reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Clearly Payments

OCTOBER 7, 2024

This growth trajectory has continued, with 2023 seeing e-commerce sales surpass $5 trillion for the first time. By 2023, contactless payments accounted for over 50% of all in-person transactions in many developed markets. By 2023, it accounted for over 20% of global e-commerce, with a market value exceeding $1 trillion.

Cross-Border 105

Cross-Border Processors Contactless Payments Multi-Currency 105

Fintech Finance

NOVEMBER 13, 2024

This collaboration will introduce Félix Pago’s digital remittance services and Mastercard-powered payment solutions in El Salvador, Honduras, Guatemala, and the Dominican Republic, significantly broadening financial access in these historically underserved regions.

Visa 80

Visa Financial Inclusion Underserved Cryptocurrency 80

Finovate

JUNE 27, 2025

. “This acquisition of Zuvy goes beyond simply expanding our investment portfolio—it represents a strategic alignment with our core mission of developing a comprehensive, technology-enabled financial ecosystem for Africa,” BAS Group Founder and CEO Abdulateef Hussein said.

Acquirers 105

Acquirers Privacy FinTech Consumer 105

The Fintech Times

OCTOBER 31, 2024

Saudi Arabia-based payment solution provider Geidea , is joining forces with tpay , a local payment connector, in a move to offer an integrated suite of payment methods to enhance the payment experience for merchants and consumers while driving financial inclusion across the region.

Financial Inclusion 69

Financial Inclusion Underserved Payments Payment Solutions 69

Fintech Finance

MAY 9, 2024

in 2023 to $54 billion as a result of strong remittance growth in Mozambique, Rwanda and Ethiopia, with Nigeria accounting for 38% of the remittance flows. By combining our strengths, we can unlock new opportunities, bridge the financial divide, and create a more inclusive and prosperous future for all Africans.”

Cross-Border Payments 98

Cross-Border Payments Cross-Border Visa Financial Inclusion 98

Fintech News

APRIL 10, 2025

Nearly 96% of fintech companie s are making financial inclusion a priority, proving that innovation is all about the people, not the tech; the driving force behind the fastest-growing Asia Pacific fintechs. Endowus Absolute growth rate: 1345.26% Revenue (2023): $6.58 Aspire Absolute growth rate: 989.96% Revenue (2023): $39.79

FinTech 112

FinTech Payment APIs and Integration Online and Mobile Banking AI 112

Fintech News

FEBRUARY 20, 2024

That sum totaled US$340 million in 2023, representing 27% of fintech funding in ASEAN, according to the 2023 edition of the report, showcasing the prominence of the Indonesian fintech sector across the broader region. Xendit expanded to Malaysia in January 2023, its third market after Indonesia and the Philippines. in July 2023.

FinTech 125

FinTech Online and Mobile Banking Payment APIs and Integration Security 125

Fintech News

JULY 23, 2024

Of the 13 Southeast Asian companies that made it into this year’s list, six are returning honorees from 2023. These companies are CapBay, Airwallex, Aspire, GoTo Group, Grab Financial Group and StashAway. The remaining seven are newcomers: Akseleran, Crypto.com, ANEXT Bank, Atome Financial, DBS Bank, Opn and YouTrip.

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

APACS 109

APACS Embedded Finance Financial Inclusion CBDC 109

Fintech News

OCTOBER 28, 2024

These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financial inclusion, and improving service delivery. RCBC also launched RCBC Barangayan (village/community) Banking, blending human touch with digital finance to reach underserved communities.

AI 108

AI FinTech Innovation Payment APIs and Integration 108

The Fintech Times

DECEMBER 10, 2023

We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024. Open banking empowers consumers with more control over their financial data and fosters a more transparent and efficient financial ecosystem.

Payment APIs and Integration 124

Payment APIs and Integration Credit Union API Privacy 124

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

APACS 98

APACS Embedded Finance Financial Inclusion CBDC 98

The Fintech Times

JANUARY 21, 2025

Netbank has partnered with Discovery Credit Solutions Corp (DCSC) to introduce a financial service solution designed to streamline loan management and improve financial access for underserved communities.The solution enables Discovery Credit Solutions to efficiently manage loan disbursements, collections as well as account reconciliation.

FinTech 59

FinTech Payment APIs and Integration Multi-Currency Online and Mobile Banking 59

Fintech News

JANUARY 15, 2024

In an ambitious move, the interoperable SGQR+ was showcased through a Proof of Concept (POC) spanning the entire month of November 2023, coinciding with the Singapore Fintech Festival (SFF). This broader perspective facilitates alternative credit scoring methods, potentially increasing lending to previously unserved or underserved segments.

Interoperability 117

Interoperability Cross-Border Payments Financial Inclusion 117

Fintech News

DECEMBER 13, 2024

This trend highlights efforts to enhance monetary sovereignty, boost financial inclusion, and modernise payment systems in an increasingly digital world. Similarly, the Philippine central bank has launched a peso stablecoin pilot to explore its potential for financial inclusion and cross-border remittances.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Caps 109

FICO

MAY 19, 2023

As of March 2023, Prosper has effectively managed credit limit changes for over 25,000 customers, with over 70 percent of them receiving credit limit increases. Prosper is pursuing opportunities to create a more efficient, accessible, secure, purposeful, and equitable financial system for underserved customers.”

Financial Inclusion 52

Financial Inclusion Credit Limit Financial Literacy Credit Risk 52

The Fintech Times

SEPTEMBER 24, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. A key factor in Argentina’s digital wallet growth is financial inclusion.

Financial Inclusion 64

Financial Inclusion Processors Innovation Cross-Border 64

The Fintech Times

OCTOBER 2, 2024

Despite global economic challenges impacting the fintech sector, including wealthtech, investment in the wealthtech sector dropped to less than $200million in 2023. Addressing this challenge is crucial for promoting financial inclusion and stability across the region.

Financial Literacy 64

Financial Literacy FinTech Financial Inclusion Underserved 64

Fintech Finance

JANUARY 16, 2024

But for the underbanked and underserved, especially in rural areas, this access remains a major hurdle. According to Felix Ike, CTO and co-founder of Moniepoint, who emphasizes the company’s mission: “Our guiding principle is financial happiness for everybody.

Underserved 52

Underserved Financial Inclusion Compromise Process 52

The Fintech Times

MARCH 5, 2024

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. Our platform leverages alternate data sources, enhanced digital journeys, and real-time decisioning to drive responsible growth in the financial sector. million consumers and MSMEs through the platform.

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64