February 07, 2023
Partech Raises $262M to Invest in African Tech Companies
Partech has closed its second Africa fund at 245 million euros (about $262 million). Partech Africa II is designed to support the next generation of entrepreneurs across the continent, and...
February 06, 2023
FTX Starts to Claw Back $93M in Political Donations to...
FTX’s new management has started the official legal process of clawing back past political donations. This, as court documents filed in January show that the FTX Debtors committee is reviewing...
February 01, 2023
Craft Raises $32M to Help Companies Monitor Suppliers
Intelligence platform Craft has raised $32 million to help companies track supplier networks. The company announced the Series B equity financing Wednesday (Feb. 1), saying it would use the funds to accelerate...
February 01, 2023
Mastercard Teams With Ayoconnect to Help Unbanked Indonesians
Mastercard is working with open finance platform Ayoconnect to bolster financial inclusion in Indonesia. “With open banking, the unbanked population in Indonesia will have access to various financial products, moreover,...
February 01, 2023
Is Crypto Market’s Rally a Good Thing for FTX Creditors?
A he-said-they-said war of words has been swirling around FTX’s solvency since its bankruptcy. The Securities and Exchange Commission (SEC) estimated that the crypto exchange’s customers have lost more than...
January 27, 2023
Jeremy Hunt Wants to Make UK the ‘Next Silicon Valley’
Jeremy Hunt has outlined his vision to make the U.K. “the world’s next Silicon Valley.” In a speech on Friday (Jan. 27), the chancellor of the exchequer called on businesses...
January 27, 2023
Global Processing Services Names Ex-Visa Exec Jim McCarthy as Global...
Global Processing Services (GPS) has added two members to its leadership team. The global payments technology platform has appointed former Visa executive Jim McCarthy to the newly created role of...
January 26, 2023
Local Investors Drive Resilience of Africa’s Burgeoning Startup Scene
Total funding invested into African tech startups hit $6.5 billion in 2022. That’s according to a report published by venture capital (VC) firm Partech this week, which also showed that...
January 12, 2023
Resilient UK FinTech Investment Landscape Unfazed by 2022 Decline
U.K. FinTechs received $12.5 billion in investment in 2022, 8% less than the year prior. According to research published by Innovate Finance, an independent industry body representing the UK FinTech...