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Finovate Global Nigeria: A New Unicorn, Mobile Wallets, and the Pursuit of Financial Inclusion

Finovate

The round also featured participation from Google’s Africa Investment Fund, Verod Capital, and Lightrock. Speaking on behalf of DPI , Adefolarin Ogunsanya praised the company for its “combination of innovative technology, fast growth, and positive impact on the continent.”

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State Bank of India Launches ‘SBI Innovation Hub’ With APIX at SFF 2024

Fintech News

The State Bank of India (SBI) has partnered with APIX , a global innovation platform connecting financial institutions and fintechs, to launch the SBI Innovation Hub at the Singapore Fintech Festival. The goal of the hub is to accelerate digital transformation and advance financial inclusion.

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Visa Invests in Nigerian Moniepoint to Help Bolster Financial Inclusion Across Africa

The Fintech Times

Nigerian fintech Moniepoint has secured investment from digital payments giant Visa , enabling it to continue its mission to ensure financial inclusion for people across Africa. “Together, we aim to deepen financial inclusion, enabling SMEs to access the tools and resources they need to thrive in an increasingly digital economy.

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows. This ecosystem is expanding rapidly. rate in 2023.

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Vietnam to Launch Two-Year Sandbox for P2P Lending, Data Sharing

Fintech News

Outlined under Decree 94 issued on 29 April, the initiative introduces a regulatory sandbox for fintech innovations in the banking sector, set to begin on 1 July. The pilot is designed to evaluate emerging financial technologies under controlled conditions while balancing innovation with risk management.

P2P 119
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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financial inclusion across the continent.

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Coinbase Sets Sights on Thai Baht and Philippine Peso Stablecoins

Fintech News

By bringing local currencies “onchain,” he said, blockchain technology simplifies onboarding, providing users with seamless access to digital financial systems without requiring them to fundamentally rethink their existing relationship with money. Stablecoins also address financial inclusion challenges.