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US$5 billion fintech firm TransferWise posts fourth straight year of profitability

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TransferWise, one of Europe’s most valuable private financial technology firms, just posted its fourth consecutive year of profitability. The online money transfer service said this...

Market value of big Fintech companies rises to $1 trillion, more...

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There may be a changing of the guard underway in financials as the value of Fintech companies begin to top that of traditional banks. The...

UK banks sign pledge to support FinTech

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Some of the UK's biggest banks have signed a government-backed pledge to improve collaboration with fintech firms. Launched by Tech Nation with support from HM...

BoG sets October 1 for trading of Repos between banks

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The Bank of Ghana (BoG) has set October 1, 2020 as the date when the trading of repurchasing agreements (Repos) between banks based on...

DreamOval to FinTechs: The way to survive in post-COVID era is...

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Even though COVID-19 has caused a spike in digital financial transactions, it will take something more than just maintaining the status quo for Financial...

COVID-19 trigger significant growth on mobile money platform

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General Manager for MTN Mobile Money Limited, Eli Hini has said that COVID-19 has driven significant growth in mobile money wallets, volume and value...

Neobanks emerge in Europe, US as banks fight back

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Neobanks, digital-only banks that are not saddled by traditional banking technology and costly networks of physical branches are fast emerging in the developed world,...
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