The funds will be used to expand Baubap’s financial products and provide 3 million new loans over the next 12 months.
In addition to acquiring a 3.85% equity stake in the fintech Méliuz, BV will have the option to buy all shares of the controlling block.
The western world is becoming cashless, but this carries a billion pound cost for merchants. Could open banking be the answer?
As more applications turn digital, the threat of hacks become ever present. Crypto has become a weak point for theft.
Consumers see this process as seamless and instant. It's just the start of a complex process for the retailers involved in the transaction.
With regulation taking center stage, there's an opportunity for banks to take the place of some large BNPL providers and lead the space.
The EIF has committed backing to October's newest SME fund, which focuses on promoting sustainable practices.
The DoJ's hyped announcement yesterday resulted in a takedown of a little known exchange, causing concern for the future of DeFi regulation
While many "green" fintech startups like Aspiration or Sugi appear on the market, their infrastructure can stay environmentally harmful.
This new digital solution will be available in January and users will be able to access the fintech's services through Walo's physical points and app.