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DASHEN BANK ACCELERATE DIGITAL BRANCH TRANSFORMATION WITH CR2 PARTNERSHIP


Dashen Bank the largest private bank in one of the world’s fastest growing economies – Ethiopia – today announced it has extended its strategic partnership with CR2 as they accelerate their Branch Transformation programme, a key pillar of their overall digital transformation taking place at the bank. This latest strategic initiative responds to the changing

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AMOUNT ACQUIRES LINEAR FINANCIAL TECHNOLOGIES


Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, announced today the acquisition of Linear Financial Technologies (“Linear”), the premier SMB loan and account origination platform. Linear’s solution set is complementary to Amount’s retail banking and BNPL solutions for consumer loans. Linear’s platform simplifies the borrowing and account opening experience

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DEUTSCHE ADDS NEW FINANCIAL SPONSORS BOSS FOR AUSTRALIA


Deutsche Bank will be out to win a bigger slice of private equity work in Australia after tapping a London-based banker to head its financial sponsors coverage. Deutsche Bank is moving London-based head of loan syndicate, David Garcia Capel, to Sydney as its new head of financial sponsors for Australia. Read More

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FHF, MORTGAGE BANKS LAUNCH ‘ HELP TO OWN’ HOUSING SCHEME


The Family Homes Funds Limited (FHFL) has launched a home loans assistance programme targeted at Nigerians on low/middle income, offering them a low-cost, deferred equity loan for up to 40 per cent of the cost of their home. The scheme targeted first time home buyers and individuals who can provide a deposit of 10 per

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FNCB BANK ANNOUNCES EXPANSION INTO EQUIPMENT FINANCING


FNCB Bancorp, Inc. the parent company of FNCB Bank (“the Bank”), announces that the Bank has recently launched 1st Equipment Finance, a new equipment financing solution offered by the Bank, which is based in its Exeter, Pennsylvania location. 1st Equipment Finance provides equipment financing solutions, including leasing alternatives, for business customers, vendors, manufacturers and municipalities

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BNP PARIBAS LINKS UP WITH APOLLO FOR INVENTORY FINANCE


BNP Paribas has partnered with asset management firm Apollo and its subsidiary Athene to set up a new inventory finance platform. Eliant Inventory Solutions, which is now live, is built on tech provided by software company GEP Worldwide. Athene, which merged with Apollo this month, serves as Eliant’s primary financing partner, while Apollo will act as

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ECONOMIC OUTLOOK 2022


Global growth should remain robust but uneven, with the rising divergence between advanced and emerging market economies. However, just like in the eponymous movie, whose title we borrowed for this report, current growth dynamics might keep us from looking up during the current phase of the recovery.

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BNPL FINTECH JIFITI LAUNCHES FIRST-OF-ITS-KIND SPLIT PAYMENT SOLUTION


Jifiti, a leading fintech company, announced today the launch of the first-of-its-kind white-labeled Split Payment solution, which will round out their existing platform of BNPL offerings. The company already facilitates point-of-sale financing for leading banks and merchants globally through its white-labeled platform, enabling them to easily deploy and scale any consumer loan program at any