Mastercard has announced the expansion of its cryptocurrency program. Supercharging the partnership experience, cryptocurrency and crypto card partners are invited to join Mastercard’s Accelerate program for emerging brands and fintech, giving them access to everything they need to grow quickly. The move comes as Wirex becomes the first native cryptocurrency platform to be granted a […]

Lloyds Banking Group (Lloyds) has announced a strategic partnership with Form3, a cloud-native payments technology fintech, to accelerate its transformation and enhance the digital experience for customers.  The collaboration is expected to enable Lloyds to investigate and develop a cloud-native Payments-as-a-Service platform to significantly payment processes, making them more efficient. The partnership with Form3 will […]

Souqalmal dials up its COVID-19 relief efforts –Becomes the first comparison site in the country to offer a free-of-charge monthly payment plan to car insurance buyers, in partnership with tabby. After launching its ‘Insure Now, Pay Monthly’ service just short of two months ago, the Souqalmal team is now ramping up efforts to make the […]

The National Incubation Center follows a rigorous process for cohort induction. Each startup is evaluated by relevant domain and industry experts during a 3-day interview process. Out of the 1500 applications received, 52 startups were shortlisted for interviews, and a final of 24 have been selected to join the cohort. The NIC is currently following a hybrid […]

Spotii, the new eCommerce payment technology provider, is today taking another industry-disrupting leap with the offer of ‘No Pay Today’, where customers make an online purchase and PAY NOTHING for two weeks – then spread the cost over four equal payments in the future.  The pandemic-beating new scheme exclusive to Spotii – with absolutely no […]

State Bank of Pakistan (SBP) grants pilot launch approval to Keenu (Wemsol Private Limited) to operate as Electronic Money Institution (EMI). This will allow the leading Pakistani payments brand to initiate the pilot phase of the E-Money Wallet for EMI Wallets and Internet Payment Gateway under the supervision of SBP. Keenu, a Pakistani Fintech launched […]

GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. GrabPay users can now instantly cash into their GrabPay Wallet by directly transferring from their bank accounts or e-wallets GrabPay users can also transfer funds from their GrabPay Wallets to any bank account or e-wallet July. The introduction of this […]

Digital lending fintech FASTA has partnered with Mastercard to launch South Africa’s first virtual Mastercard credit card, FASTACard. FASTA is a digital finance business offering its customers access to credit via a secure virtual card, enabling them to pay for a wide range of goods, services such as airtime and data, as well as bills. Backed […]

Opera Limited has announced an agreement to acquire AB Fjord Bank, a full-digital consumer finance bank. the acquisition will enable it to accelerate its fintech operations in Europe by launching new, disruptive services aimed at improving consumers’ personal finances. Opera has already ventured into fintech in Europe with the acquisition of the Estonian fintech company […]

UBI Banca, through its subsidiary Prestitalia, enters into a strategic collaboration with the technology and software provider of Europe’s leading fintech ecosystem to launch an innovative platform that will allow customers to have a fast, convenient and digital channel to obtain salary backed loans. Prestitalia, UBI Banca Group’s company specialized in the salary backed loans […]