January 3, 2025
This change helps Zepto comply with Indian foreign investment rules. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of
January 3, 2025
Financial technology companies therefore obtained an audience with the Minister of Finance. RBI has launched monthly meetings to increase engagement. It also issued a license to a Self-Regulatory Organization for Financial Technology (SRO-FT). So, is the narrative that the fintech sector faces regulatory hurdles really true? In 2024, out of nearly 340 cases of coercive
January 2, 2025
Technology sometimes evolves at a dizzying pace. When it comes to innovation in financial activities, often referred to as FinTech, the world is experiencing major advances. For banks, FinTech is disrupting core financial services and pushing them to innovate to stay relevant. For consumers, this means potentially greater access to better services. Such changes also
December 31, 2024
WASHINGTON (7News) — This week, hundreds of people gathered to DC FinTech Week in the Neighborhood. This is a free event that brought together some of the biggest players in fintech. “We tried to get people from all over the world talking about everything from data to financial inclusion to housing. We just finished a
December 27, 2024
The Securities and Exchange Commission of Nigeria (SEC) has announced plans to introduce Fintech regulations designed to bring Nigeria’s Fintech sector in line with global standards. In a statement on Tuesday, SEC Director General Emomotimi Agama made the statements during a meeting with participants of the Regulatory Incubation and Accelerated Regulatory Incubation Program. Acknowledging industry
December 24, 2024
Contributed This content is sourced or sourced from third parties but has been subject to Finextra editorial review. This is the second edition of a new Finextra longread series summarizing the latest regulatory updates impacting the financial services, technology or fintech sectors, and how financial market participants should consider the he gap between regulations that
December 23, 2024
The Securities and Exchange Commission (SEC) has assured stakeholders in the fintech space that it is committed to ensuring transparency and integrity in the regulation of the space. The Commission said it had ensured a level playing field for all applicants. The Director General of the SEC, Dr Emomotimi Agama, said this on Monday during
December 23, 2024
Complex technology is at the heart of the financial system and is evolving at an ever-increasing speed. As a result, the regulatory landscape is evolving, there are business opportunities to exploit, and the volume of investment in fintech is bringing excitement and innovation to the market. Whether you are involved in purchasing, supplying or investing
December 21, 2024
The Bank of Tanzania’s fintech regulatory sandbox will begin receiving applications on January 2, 2025, the bank says. “In accordance with the Bank of Tanzania (Fintech Regulatory Sandbox) Regulations, 2024. (Regulation), which requires the submission of applications on a quarterly basis, the Bank announces that applications for participation in the Sandbox will be open quarterly,
December 20, 2024
The framework came into effect as part of the recent launch of the QFC Digital Assets Regulations 2024 and reflects Qatar's ambition to establish itself as a global leader in the financial technology sector. A key element of the new framework is the formalization and recognition of “tokenization”, a process that is at the
December 16, 2024
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Allianz would be on the verge of interrupting its project acquisition of income insurance in Singapore, valued at US$2.2 billion, following increased public and regulatory scrutiny, as reported Bloomberg. The German insurer initially aimed to obtain a majority stake in
December 15, 2024
Yet even in this atmosphere of heightened regulation, analysts, venture capital (VC) firms and financial technology (fintech) companies that DH spoke with unanimously said that RBI's measures are positive for deeper penetration of fintech in the unbanked regions of India as well as for protection. the ecosystem of sudden shocks. Last update: November 3, 2024,
