March 2024

Accelerating the FinTech Evolution in Kenya TLDR: Key Points: By 2025, FinTech penetration in Kenya is expected to reach 13%, with a revenue potential

FinTech Union54 launches secure chat platform with integrated digital wallets TLDR: Zambia-based FinTech Union54 partners with Mastercard to launch ChitChat, a social commerce app

TLDR: Fintech revolutionizing financial industry with innovations like digital banking, blockchain, robo-advisors, and peer-to-peer lending. Key trends driving fintech include digital banking services, blockchain

Article Summary TLDR: Finalists for the Banking Tech Awards USA 2024 have been announced. The awards cover categories like Best Digital Initiative, Best Bank

TLDR Czech FinTech Flowpay raises €2.1m in seed funding with support from Techstars, Soulmates Ventures, and DEPO Ventures, among others. Flowpay specializes in Embedded

TLDR: Revolut Business launched a new Point of Sale (POS) system designed for the hospitality sector. The new POS system streamlines store management operations

TLDR: Citigroup Inc. decreased its stake in Global X FinTech Thematic ETF by 24.7% in the 3rd quarter, selling 13,363 shares. Other large investors

TL;DR: Moove, a global mobility FinTech company, has secured $100 million in Series B funding from Uber and Mubadala, bringing its total valuation to

TLDR: Moove, an African mobility fintech, has raised USD 100 M in a Series B funding round led by Uber. The company offers vehicle

TLDR: Uruguayan fintech company dLocal’s fourth-quarter profits increased by 47% to $28.5 million. Revenues for the last three months of 2023 rose by 59%