70% of SMEs in Southeast Asia Started With Personal Savings: Funding Societies Reveal Key Trends
Around 70 per cent of SMEs (small and medium enterprises) in Southeast Asia started their business with seed money raised from their personal savings and from family and friends’ financial support – particularly in Indonesia, Malaysia and Singapore; according to a new report published by In Southeast Asia, Southeast Asia’s largest unified SME digital finance […]
Women in Fintech: The Importance of Mentorship with NatWest, One Inc, and more
This October at The Fintech Times is all about shining a spotlight on the incredible women working in the fintech industry, sharing their greatest achievements, their biggest challenges and how they can make a difference through mentorship and collaboration. Though progress has been made to reduce the gender gap in fintech, the industry still has […]
In Profile: Karen Jones, Founder and CEO of Citywealth
Despite the turbulent nature of cryptocurrencies, many leaders feel that digital assets are the future of finance. One strong example is Karen Jones, founder and CEO of Citywealth, the wealth management platform. Investment has evolved since the early 2000s. Though stocks and more traditional investments still exist, the wealth management market has adapted to emerging […]
Payment Personalisation Introduced to Gamers Through Xsolla Headless Checkout
Payments have evolved since the pandemic, impacting every industry making transactions. The gaming industry is no different. As the demand for customised payment grows, Xsolla, the global video game commerce company has launched an advanced payment customisation feature called Headless Checkout. In 2018, the most popular payment method used by gamers worldwide was PayPal (26 […]
This Week in Fintech: TFT Bi-Weekly News Roundup 10/10
The Fintech Times Bi-Weekly News Roundup on Tuesday 10 October 2023. Funding and investments kennek, the London-based fintech, announces a $12.5million seed raise, led by HV Capital and supported by Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures and Syndicate One. The raise will help kennek to enlarge its tech team as well as […]
FCA Issues 146 Alerts Within 24 Hours of new Cryptoasset Marketing Regime Going Live
In just the first 24 hours after the Financial Conduct Authority (FCA) put tougher rules in place to make the marketing of cryptoasset products clearer and more accurate, the regulator issued 146 alerts about promotions in the space. Tough new rules, enforced by the FCA, are designed to make the marketing of cryptoasset products safer […]
Intuit Reveals Impact of Inflation on UK SMB Market Which Makes Up 99% of Businesses in the Country
Inflation and higher interest rates are affecting small and medium businesses’ (SMBs) ability to create jobs and get the funding they need to grow according to Intuit and global economist professor Ufuk Akcigit and his co-authors. The report, titled 2023 Intuit QuickBooks Small Business Index Annual Report reveals how small businesses have been negatively impacted […]
Koree Takes Home Top Spot at Ecobank Group’s Pan-Africa 2023 Fintech Challenge
Cameroonian fintech firm, Koree, has been named the winner of the ‘2023 Ecobank Fintech Challenge’ held by Pan-African Banking Group Ecobank– claiming the top prize of $50,000 with its card wallet payment solution that digitises merchant payments. With the win, Koree becomes the competition’s first-ever female-led fintech winner having beaten eight other finalists. The 2023 […]
Bahrain-Based FLOOSS Streamlines its Digital Lending Experience With Tarabut Income Verification
Tarabut, the MENA-based open banking platform, has partnered with FLOOSS, a Bahrain-based digital lending platform, to streamline FLOOSS’s digital lending experience. This partnership pioneers Bahrain’s first open banking-enabled digital lending service. The collaboration streamlines FLOOSS’s digital lending experience and significantly reduces loan approval times to a mere few minutes using Tarabut’s Income Verification product. FLOOSS’ […]
News & Views Podcast | Episode 130: Cost of Living, Over 50’s Savings & Nigerian Digital Training
This week, the podcast team discuss Saga and Flagstone’s new over-50’s savings platform, the differing attitudes to the cost of living crisis in the UK and Europe, and Nigeria’s plans to up digital transformation with a drive in technical training. Discussion points included: Will Nigeria’s plans solve the fintech talent shortage – should other countries […]
