Nontraditional data is relevant across Africa as credit bureaus don't have the historical depth their Western counterparts enjoy.
The new Financial Services and Markets Bill, announced in the Queen's speech, is designed to shore up the country’s cash infrastructure for the long term.
BVNK, a London-based crypto-to-fiat banking platform, said on Thursday that it had raised $40 million in a Series A funding round led by Tiger Global.
Helios, raised $9.4 million in a recent seed round, news that has encouraged the industry to think about broader ESG issues.
This week's news was dominated by the crypto meltdown, or more specifically, the rapid demise of stablecoin TerraUSD and its paired token Luna, which impacted the entire market.
The crypto market took a major beating in 2022 amid an uncertain global regulatory environment and the geopolitical situation.
The UK’s Financial Conduct Authority (FCA) said on Friday that Auxi Market is providing financial services in the United Kingdom without their authorization.
LMAX Digital, an institutional spot cryptocurrency exchange and part of UK-headquartered LMAX Group, hit its peak volume so far in 2022 on Thursday.
Checkout.com is set to acquire French ID verification start-up ubble, enabling e-commerce merchants to verify customers securely.
Chainalysis recently topped the valuation of $8.6 billion after raising $170 million in a Series F investment round.