Pan-African embedded finance Fintech Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Banking Capital Partners II (WWBCP II), will see the company significantly scale operations in its core markets and grow into new
To meet the needs of U.S. consumers who are normally shut out of affordable credit products, payments fintech Highline Technologies and employment data platform Argyle have partnered to bring payroll-linked lending and bill pay capabilities to lenders nationwide. Payroll-linked lending involves taking money out of a borrower’s paycheck on a regular basis to repay consumer debts. Consumers gain
PayPal Holdings, Inc., in partnership with National Philanthropic Trust (NPT) and Vanguard Charitable, announced Grant Payments. This new product enables Donor-Advised Fund (DAF) sponsors, community foundations, and other grantmakers to deliver grants to charities quickly and electronically via PayPal. Charities will be able to collect awards soon after the grantmaker has authorized the cash thanks
Australian fintech Afterpay has announced that it will be closing down its Money app in October just a year after launching, saying that the firm’s acquisition by Jack Dorsey’s Block “means our focus is shifting in a new direction”. Debit cards and Money accounts from the fintech company were introduced in collaboration with the largest bank in
Did you know that, according to recent research, more than 60% of firms are either contemplating using Bitcoin as a means of payment or have already started doing so? Additionally, according to a different poll, 22% of small and medium-sized enterprises want to start adopting Bitcoin in the coming year. With figures like these, it’s
Welcome to Binance’s Learn & Earn Webinar Series. Our first topic will be about how to spot Crypto scams with a total prize pool of £10,000 in BNB to be rewarded.
Automation in accounting is nothing new, despite the fact that it seems to be progressing more quickly these days. Although most of us don’t remember them, large paper ledgers and manual entries used to be the standard method of conducting business. Nowadays, we frequently enter a few figures and receive precise reports that flawlessly detail
In partnership with Mastercard, crypto giant Binance is launching its pre-paid card offering cryptocurrency “rewards” on customers’ purchases. As a result of the cooperation, Binance will launch its cryptocurrency debit card in Argentina, making that nation the first in Latin America to do so. The Credencial Payments-issued Binance Card enables customers in the area with a legitimate national
Malaysia’s largest independent investment bank, Kenanga, has tapped China’s Ant Group for its mobile development platform as the firm looks to launch a wealth management and financial services super-app. According to Kenanga, the super-app would be powered by Ant Group’s mobile platform-as-a-service (mPaaS). It will have features for stock trading, digital investment management, an e-wallet,
BillingPlatform, the enterprise monetization platform for today’s innovative business models, today announced that InComm Payments, a leading payments technology company, has selected BillingPlatform as its enterprise billing solution. InComm Payments chose BillingPlatform for its flexible data model, modern and intuitive interface, and the ability for non-technical users to configure the system to support the unique
