Finovate Global Mexico: A Fundraising Unicorn and Open Finance’s Contribution to Financial Inclusion

This week’s edition of Finovate Global looks at recent fintech developments in Mexico. Mexican digital payments and commerce enablement platform Clip announced a major investment this week. The company, which offers a suite of payments and other financial services solutions to small and medium-sized businesses in Mexico, has raised $100 million in new funding. The Read more…

Finovate Global Egypt: Funding Startups and International Partnerships

This week’s edition of Finovate Global looks at recent fintech developments in Egypt. Egyptian fintech Sahl raised $6 million in funding An investment of $6 million will help Cairo-based fintech Sahl pursue its expansion in Saudi Arabia. The funds – courtesy of a Series A round led by Ayady for Investment and Development and featuring Read more…

Finovate Global UAE: Thndr Expands, Visa Partners, and the CBUAE Backs Open Finance

This week’s edition of Finovate Global takes a look at recent developments in the fintech industry of the United Arab Emirates (UAE). Thndr, a digital investment platform based in Egypt, announced an expansion to the United Arab Emirates (UAE) this week. The expansion comes after the company secured a Category 3A license with retail endorsement Read more…

Finovate Global Israel: Citrusx and Empowering Businesses to Build Trust in the Deployment of AI

The question of deploying AI technology in fintech and financial services is no longer a question of “if” – or even “when.” As our recent spring fintech conference confirmed, innovators and entrepreneurs across our industry have already decided that the answer to both of those questions is “yes” and “now.” But there are hurdles and Read more…

Finovate Global France: Lydia Launches New Digital Brand, RockFi Raises Millions, Meet Finovate’s French Alums

This week, Finovate Global looks at recent fintech developments in France. French start-up Lydia announced the launch of a new digital banking brand this week. Named Sumeria, Lydia plans to invest more than €100 million in the new initiative, as well as hire 400 people over the next three years. Sumeria, according to a post Read more…

Finovate Global: Monzo’s Millions, A2A Payments in Australia, FinovateSpring’s International Alums

Challenge Accepted! Monzo Raises Millions U.K.-based challenger bank Monzo secured an additional $190 million (£150 million) in funding this week, adding to the $426 million (£340 million) raised just a few days ago. The Series I round, totaling $616 million (£490 million) gives the digital bank a valuation of $5.2 billion (£4.1 billion) and represents Read more…

Finovate Global Denmark: Financing Spend Management Solutions and Small Business Tools

A few days ago, we highlighted the $25.7 million (€24.1 million) investment secured by Danish challenger bank Lunar. Also this week, we noted partnership news from Denmark-based real estate tokenization platform – and FinovateSpring alum – DigiShares. With all this Danish fintech news, we are devoting this week’s edition of Finovate Global to the fintech Read more…

Finovate Global: Digital Banking in Romania, Alternative Lending in Latvia, ESG in the CEE

This week’s edition of Finovate Global reviews the latest fintech developments in Central and Eastern Europe (CEE). This region features a diverse range of countries including Albania, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, the Slovak Republic, and Slovenia. More than 250 million people live in the CEE, which has a Read more…

Finovate Global Nigeria: Payments, Supply Chain Financing, and a Look at our African Alums

This week Finovate Global looks at recent fintech news from Africa’s most populous nation: Nigeria. Nigerian blockchain network Zone secures investment Last week in Finovate Global we noted the news that Nigerian blockchain network Zone had raised $8.5 million in seed funding. This week we’re filling in some of the details of the investment – Read more…

Finovate Global Israel: Identity Verification, Data Privacy, and an Introduction to New Alums

This week’s edition of Finovate Global reviews the latest fintech headlines from Israel. We also introduce you to a quartet of new Finovate alums – all making their Finovate debuts at FinovateEurope last month – all headquartered in Israel. AU10TIX expands its Digital ID identity verification solution Israel-based identity verification and management specialist AU10TIX announced Read more…

Finovate Global Germany: Investing in Embedded Finance, Open Banking in Payments, N26 in France

This week’s edition of Finovate Global features the latest fintech news from Germany, where investors are backing innovations in embedded finance, payments companies are taking advantage of open banking, and the green shoots of crypto spring are growing ever more apparent. Solaris secures funding Germany’s embedded finance platform Solaris secured $103 million (€96 million) in Read more…