Reporting, interviews and analysis on AI, fintech, startups, venture and the operators building what comes next.
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Mastercard has announced the opening of its first office in Uganda, marking a significant milestone in its expansion across East Africa. This strategic move underscores Mastercard’s dedication to fostering financial inclusion and accelerating digital transformation in the region. With Uganda’s economy projected to grow at 6.2% by 2025, the country is poised for sustained expansion. Mastercard’s…
Ahead of Safer Internet Day 2025 (11th February), inclusive global payments platform, has reported its latest data on fraud protection for e-commerce merchants. Since early 2022, Ecommpay’s market-leading Graph Analysis tool has unveiled nearly 13,000 fraudulent chains involving almost 51,000 users across 207 unique merchants. 29% were confirmed scammers, while others were part of unsuccessful or…
PXP, leading omnichannel global payment platform, announced a new strategic partnership with Xolvis, the digital solutions platform, to deliver innovative payment solutions for Xolvis’ customers across multiple markets. Following the successful launch of its first project in the US market last year, the partnership is now set to expand into other regions, delivering innovative payment solutions to a broader…
United Fintech, the industry-neutral digital transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking technology provider specializing in API-driven trade finance and payments solutions. The acquisition was financed by both equity and debt from existing investors, which include four major banks: BNP Paribas, Citi, Danske Bank, and Standard Chartered. This…
Temenos (SIX: TEMN) today announced that UK-based Aldermore Bank (Aldermore) has selected Temenos SaaS to modernize its existing savings operations starting with quickly launching new savings notice accounts for small businesses. The bank will adopt Temenos Business & Corporate Enterprise Service to achieve a fast time to market and scale efficiently as it seeks to grow customer deposits and unlock new…
Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced the successful completion of a $20 million Series A funding round, led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners. This investment underscores the rapidly growing…
The UAE’s journey of spearheading AI progress worldwide has marked another milestone, with the announcement that Ai Everything Global Summit & Expo will be hosted in Abu Dhabi in 2026. This launch reinforces the UAE’s commitment to becoming a premier global hub for AI excellence. Abu Dhabi aims to become the world’s first fully AI-powered government within…
A combination of GenAI and transaction data enrichment is gateway for banks and financial services to provide customers an AI-powered experience The AI-powered financial platform for banking and financial services, today introduced Intelligent Search, a powerful, intuitive financial transaction search feature, built on a foundation of LLMs and AI-powered transaction enrichment. Intelligent Search allows retail banking…
Fimple, a leading provider of flexible, cloud-native core banking software, has successfully raised $12 million in its Series A funding round. The investment, led by DN Capital and Smartfin, saw continued participation from existing investors, including Albaraka Portfolio and Tera Portfolio. This milestone underscores the company’s rapid growth and commitment to transforming the financial services…
Puma Growth Partners (“Puma”), a leading provider of growth capital to small and medium-sized businesses, has led a $4.3 million investment into legal and financial technology specialist, Semeris. Semeris was founded in 2020 by Peter Jasko, former head of JPMorgan’s European CLO team, and Sam Daroczy, co-founder and former CEO of Verba Technologies, a fintech…
The Miami-based company aims to simplify financial operations for nonprofit organisations through AI-powered tools. The funding round was led by Flashpoint, a $500m transatlantic VC firm known for backing companies such as Guesty, Chili Piper, and Mesh Payments. Additional participation came from the Florida Opportunity Fund, Wilson’s Bird Capital, led by Efi Shema, and existing…
Moneyhub has partnered with Money Squirrel to power its innovative financial management app for small businesses. Money Squirrel launched its app early in January to provide a platform to help businesses take control of their finances and make their hard-earned cash work harder. Moneyhub’s Open Banking-enabled API technology powers Money Squirrel’s platform. It empowers businesses…
03 / The briefing
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