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UK fintech secures 24% growth despite global industry cutbacks

Innovate Finance has pinpointed that despite the financial cutbacks in global fintech, the sector in the UK stayed on an upwards trajectory. Data from the...

Fintech market suffers $460bn loss in 2022

The fintech market has suffered a sharp decline since the turn of the year, as almost half a trillion dollars has been lost according...

Mastercard adds open banking to Engage network

Mastercard has confirmed the addition of open banking functionality and support to its Engage programme network.  With the upgrade, members of the network can now...

Stripe suffers 28% valuation drop becoming latest fintech to stagger

Financial service giant Stripe is the latest fintech firm to suffer a significant valuation drop this year as the company reveals it has cut...

AstroPay: Analysing the emerging African payments market – Payment Innovation

Analysing emerging markets, AstroPay revealed that Africa has seen a drastic surge in the presence of payment providers, but is yet to unleash its...

New advisory group established for emerging fintechs

Marking Fintech Week London, a new venture established by some of the biggest names in fintech, has officially launched to bolster the payment space...

WeFox secures $400M funding round with eyes on US and Asia...

Digital insurance provider WeFox has closed out a $400 million funding round, elevating its valuation to $4.5 billion.  This fresh valuation and funding round has...

Fintech head sanctioned by the DFSA

Coworth Fintech owner Stuart Coles has been hit with a $240,000 fine by the Dubai Financial Services Authority (DFSA). Coles, who is also the director...

Nstart receives crediting licence

The Swedish Financial Service Authority (SFSA) has given fintech Nstart a licence to do business as a credit institution. Through the accreditation, the firm is...

Visa unites with Flocash in boost to African fintech market

Bolstering the African fintech market, Visa has announced a new collaboration with Flocash.  The link will enhance the way the firm promotes digital capabilities for African...

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