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WNE University Announces FinTech AI 413 Startup Program

September 12, 2024

SPRINGFIELD, Mass. — Western New England University announced its new FinTech AI 413 Startup program Wednesday. FinTech, short for Financial Technology, involves computer programs that support financial needs such as mobile banking and money transfer applications. The program will aim to teach students how technology is used in business areas such as tax preparation, credit

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South African startup Omnisient showcases African innovation, wins global fintech award in US competition

September 12, 2024

Omnisient, leader in privacy-preserving data collaboration, receives globally recognized award Finovate Financial Inclusion Excellence Award 2024. Omniscient was the only African fintech to be recognized as a leader in its category. The award, presented in the United States, recognizes both established institutions and rising stars that have made significant strides in providing innovative and effective

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Nigerian Fintech Completes Acquisition of Kenyan Startup Hisa - Kenyan Wall Street

September 12, 2024

Eke Uru, founder of Rise and Eric Asuma, founder of Hisa and The Kenyan Wall Street Rise, a Nigerian global investment startup, has made its second acquisition in less than a year after taking control Hisaa Kenyan startup that makes stock trading easier. The acquisition gives Rise the opportunity to operate in the Kenyan market

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Senegalese fintech startup Rubyx secures $440,000 loan from Proparco

September 12, 2024

Senegalese startup Rubyx has secured a €400,000 ($440,000) loan from French development finance institution Proparco to accelerate the rollout of its new algorithmic lending offering for startups and microfinance institutions on the continent. Ruby has developed a cloud-native, API-driven digital lending platform that enables service providers to rapidly launch innovative lending products and meet evolving

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FIS attracts fintech startups to its accelerator

September 12, 2024

Dive summary: Fidelity National Information Services, also known as FIS, said in a press release Tuesday that it will continue to support fintech startups through an accelerator program, selecting nine companies that it believes will disrupt the financial services industry. The Jacksonville, Florida-based company selected nine startups to participate in the ninth annual program, including

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What are the best API banking solutions for Fintech startups?

September 11, 2024

Bombay: Looking for the best? If yes, you are in the right place. To stay competitive in today’s e-commerce world, startups need to embrace modern technologies. One such important aspect of every banking operation is an application programming interface (API). These solutions allow businesses to offer a variety of financial services, from payments to loans,

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Budapest-based startup PastPay raises €12 million

September 11, 2024

PastPay, a Budapest-based B2B payment solutions provider, announced on Tuesday that it has secured €12 million in a Series A funding round led by Platina Capital, making it the largest B2B payment solutions provider in the world. BNPL increase throughout the EEC. Platina Capital is a global private equity and venture capital firm. The VC

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FlexiLoans wins INR 290 crore from Accion and others - StartupNews.fyi

September 10, 2024

SUMMARY FlexiLoans has raised INR 290 crore (approx. $34.5 million) in its Series C funding round from a group of investors including Accion, Maj Invest, Nuveen and Fundamentum This fresh injection will help the NBFC further fuel its growth, expand its product range and scale its operations So far, the fintech startup claims to have

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Fintech startup Tikker launches to streamline ‘outdated’ portfolio rebalancing process

September 10, 2024

New fintech startup Tikker said it is “on a mission” to build simple SaaS products that streamline the portfolio rebalancing process. The firm said inefficiencies in the market infrastructure for discretionary portfolio management “stifle growth, invite risk and are a barrier to digital services.” She says teams are overloaded with repetitive work, leading to high

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Vancouver AI fintech startup reaches final stage of NVBC 2024 competition

September 10, 2024

The North American financial sector, known for its slow pace of change in the previous century, has been disrupted by technology since the turn of the millennium. The most recent technological advancement impacting finance is generative artificial intelligence, which is already being applied to the sector in multiple ways. Based in Vancouver yPilot Launched this

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Fintech Rundown: A quick look at the weekly news

September 9, 2024

The summer fintech news slowdown is fast approaching, but it hasn’t taken hold yet. Fintech news picked up again last week, with several funding rounds and product announcements. Stay tuned for this week’s news as we post updates and developments. Integrated finance Cross-border payment platform Ping-pong unveils its integrated loan solution. Digital Banking Based in