Total 45 Posts
Financial inclusion is undoubtedly one of the trending topics when it comes to FinTech in Afrika. A day barely goes by without a startup or a big corporate talking about "how we are increasing financial inclusion." Few, however, seem to have a clear definition of what financial inclusion
Egypt's American University Venture Lab, which is based in Cairo, has announced a collaboration with Temenos, the banking software company, which will see them both looking to work towards strengthening and accelerating Cairo's FinTech startups ecosystem. As part of the collaboration, Temenos will provide startups with access to their core
Nigerian FinTech startup, Mines, has reported that it has closed its Series A funding round of $13 million. The Series A funding round was led by The Rise Fund with Velocity Capital, Western Technology Investments, First Ally Capital, X/Seed Capital, NYCA Partners, Persistent Capital, Singularity Investments, Trans Sahara Investments,
AlphaCode, an incubation, acceleration and investment vehicle for early-stage FinTech businesses, has announced that applications are now open for their AlphaCode Incubate programme. The AlphaCode Incubate programme will be looking to find high potential, innovative financial services entrepreneurs to boost the development of FinTech and financial services in South Africa.
The numbers are in and the jury is out. The world over, the FinTech craze that underpins lending outside the traditional banking ecosystem continues unabated. Whether the channel of consumption is online, mobile or the services packaged differently such as pay day loans and layaway financing, investments continue to pour
In today’s highly competitive market, 88% of financial services institutions fear they are losing ground to innovators. Faced with growing volumes of data, they are turning to advanced analytics to help them regain their momentum by turning data into actionable insights. Across the financial services industry, many leading institutions
More and more lending institutions around the world are moving to either fully automated or partially automated systems when assessing consumers for home loans, personal loans, credit cards pay-day loans and other types of consumer finance. Part of rise in Artificial Intelligence (AI) algorithms assisting in finance comes from a