Nigeria is at the centre of Africa’s FinTech revolution. Native Carbon aims to play a pivotal role in creating a thriving ecosystem where men and women have access to financial services.
US-based digital lending company Tala has closed a $110m Series D round to help three billion underbanked adults get a loan.
San Diego-based Blooma has closed a new funding round led by Floodgate, the early stage venture capital investor.
Indonesian Musketeer, the online lending platform, has been registered with the country’s Financial Services Authority (OJK).
Mintos, the loans investment platform, has just announced it has financed €3bn worth in total loans.
A London-based new digital bank has chosen to team up with Finastra, the financial services scaleup.
The Indian FinTech company Lendingkart has raised $30m in a new investment round, claiming that the total money injected into the business now reaches $143m.
Clearbanc, which helps companies access affordable growth capital, has raised $300m in new financing.
Launched in 2018, Judo Bank just closed a A$400m ($270.62m) round, bringing the total amount invested into the neobank to A$540m ($365.34m).
The UK’s Financial Conduct Authority (FCA) has released the new rules for the peer-to-peer sector, in a bid to better protect investors while not hindering the ecosystem.