FinTech & The Gaming Industry

FinTech has a Midas touch and since the 2020 crisis, it has redefined the Gaming Industry. We have arrived in the era of FinTech driven Gaming Industry. Let us try to look at few numbers, in one estimation, 2020 the global gaming market had an approximate net value of 167.9 Billion USD. This value is expected […]

Can fintech innovation really move economies forward?

We are now living in the thick of the Fourth Industrial Revolution (IR 4.0), and with it has come an explosion of financial technology (fintech) innovation. Characterized by the avalanche of data produced daily, IR 4.0 brings about the complete disruption of many industries and their business models. The banking industry has undeniably experienced many shake-ups. Technology has […]

Curve returns to the crowd for fresh funding round

Curve, the London-based fintech that combines multiple cards and accounts into one smart card and app, is to return to the crowd for fresh funding five months after sealing a $95 million equity round. Set to go live later in May, the Crowdcube campaign comes as the company steps up its plans for expansion in […]

Singapore Government invites applications for green fintechs

The Singapore government has thrown its weight behind the development of green fintechs in its latest industry event, the Global FinTech Hackcelerator. Called “Harnessing Technology to Power Green Finance” the competitive initiative which is supported by the US management consultancy, Oliver Wyman, seeks to unlock the potential of the fintech sector in advancing the development of green finance in Singapore […]

This fintech solution helps African refugees store and send money

As refugees flee across land borders in Africa, carrying money is a challenge, both virtually and in person. Leaf——a winner of Fast Company’s 2021 World Changing Ideas Awards—uses the blockchain to help, even if they don’t have a smart phone. Mobile money is a digital wallet technology that allows cash to be stored on standard, […]

Clubhouse Tests Out Direct Payments to Content Creators

Online content creators are always searching for ways to monetise content, and rightfully so. A substantial amount of effort goes into producing online content. And more and more people are recognising creators’ efforts and supporting them financially. New social media darling Clubhouse has recently decided to support its content creators by launching a direct-to-user payments system in association with Stripe. Unlike […]

Littlepay – Move to open loop payments begins on Finland’s city transport

First phase of multimodal contactless transit payment system in Finland’s capital underway In Tampere, tap-to-pay begins on buses, with a rollout to the tram network planned  Press release, London, May 4, 2021:  Today, Littlepay announces the launch of open loop payments on public transport in Finland’s capital Helsinki and its second largest urban area, the […]

Why Fintech is the Biggest Driver of Financial Inclusion

The role of financial inclusion in reigniting the global economy in a post-pandemic world cannot be understated Ensuring universal access to financial products and utilities features in eight of the UN’s seventeen Sustainable Development Goals, identified as an enabler for ending poverty and hunger and achieving gender equality. However, financial inclusion also has the power […]

Current raises $220m at $2.2bn valuation

US digital banking startup Current has tripled its valuation to $2.2 billion off the back of a $220 million Series D funding round led by Andreessen Horowitz.Tiger Global Management, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management and Expa joined the round, which sees Current’s valuation jump from $750 million at its last raise […]

Teen Banking Startup Step Takes In $100 Million In Series C Funding

Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). Led by General Catalyst, the round attracted some high-profile investors, including NBA All-Star Stephen Curry, actor Jared Leto and Dreamers VC, the fund founded by Will Smith. The company, which recently marked 1.5 million users in […]