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77% of Egyptian SMEs Consider Digital Payments Crucial For Growth According to Visa Study in collaboration with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)

Fintech Finance

Visa (NYSE: V), a global leader in payments, today announced the launch of a new report, ‘Value of Acceptance: Understanding the Digital Payment Landscape in Egypt, ’ which reveals significant growth potential for digital payments, especially among small and medium-sized businesses (SMEs).

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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

India’s digital payment landscape has seen remarkable growth over the past decade. According to a recent report by PwC India, retail digital payments have surged 90-fold over the last 12 years, with transaction volumes expanding at an impressive annual rate of 40%, while the value of these transactions increased by 35% each year.

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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

In Q4 2022, Moca by Grab ranked as the sixth most used digital financial platform in Vietnam with an 8% penetration rate, results from a survey of more than 1,500 consumers reveal. These incumbents had made a strong entry, collectively achieving a 23% penetration rate and securing the fifth position, the data show.

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Visa Reinvents the Card, Unveils New Products for the Digital Age at Visa Payments Forum CEMEA 2024

Fintech Finance

The way people pay and get paid has changed more in the past five years than in the last 50, and the latest innovations will bring new payment experiences to transform commerce and money movement spanning eCommerce, face-to-face in-store shopping, and seamless money transfers. Click to Pay is available in CEMEA today. Visa data.

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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

Funding Societies Funding Societies illustration, Source: Funding Societies Established in 2015, Funding Societies is a regional fintech company that specializes in providing financing to micro, small and medium-sized enterprises (MSMEs). In 2023, the Group expanded its offerings into Germany, signaling its entry into the European market.

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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

Governments are promoting digital payment systems and mobile banking to reach unbanked populations. Mila Khrapchenko, co-founder and co-CEO at Ameetee “They often progress faster in financial inclusion than developed nations due to more acute financial accessibility issues, lower living standards, and lower market entry barriers.

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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. Four finalists were shortlisted in each category.

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