Asset manager & technology platform Fasanara Capital announces the first closing of new €250 million fintech fund
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New global reforms will change where tech giants pay taxes in Asia and make the international tax system more robust.
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By raising 200 million U.S. dollars in its Series A round, Senegal-based fintech startup Wave has become the fourth unicorn on the African continent.
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A financing scheme using Internet of Things gives tricycle drivers access to credit without collateral and promotes discipline in loan repayments.
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The financial industry is undergoing rapid technological change. Traditional banks face competition from online start-ups with no physical branches. Social media and other digital platforms are expanding into payments and credit.
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Fintech – the fusion of finance and technology – could be a game-changer for inclusive economic growth amidst the pandemic.
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The rise of fintechs promises to spur competition in the financial sector. This could lead to sizeable efficiency gains, more choice for consumers, and enhanced financial inclusion.
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