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In December 2022, Tingo Mobile was sold by Agri-Fintech to Nasdaq-listed MICT, a global fintech and agri-fintech group, again through an all-stock merger, which valued Tingo at more than $1bn and gave it access to US capital markets. [4] Subsequently, on February 27, 2023, MICT changed its name to Tingo Group, Inc. [18] [19] [20]
Deloitte ranked SuperMoney on their Deloitte Technology Fast 500 list for 2023 and 2023. [12] [13] Financial Times ranked SuperMoney #126 on The Americas' Fastest Growing Companies 2024 list. [14] SuperMoney was awarded the Best Financial Product Comparison Service by Fintech Breakthrough for 2023 and 2024. [15] [16]
Allica Bank launched its business current account in January 2023. By the end of the year it was reported to have 2,000 business current account customers. [ 9 ] That same year, Allica revealed it achieved its first full-year profit and that it had lent over £2 billion to SME businesses since it launched.
A recent PitchBook report shows that fintech M&A has been on a demonstrable, multiyear decline in the U.S. and Canada—in 2023, fintech deal value was down 45.8% from 2022, and is down 36.5% from ...
Investment in Canada's financial technology sector was reduced to less than half in the first six months of 2023 from last year, according to a report from accounting firm KPMG on Thursday.
In FY 2023, the network earned revenues of US$64.9 billion in aggregate. [4] The firm has sponsored a number of activities and events including the 2012 Summer Olympics. [11] There have been a number of controversies surrounding the firm, including Deloitte's involvement in a "potentially misleading" report on illicit tobacco trading in ...
The company denied the Hindenburg report claims, which it said contained "errors of fact" and "misleading and libellous content", [26] and appointed lawyers White & Case to review the report's claims. [27] In November 2023, dealing in Tingo and Agri-Fintech Holdings shares was suspended by the SEC over concerns about the accuracy of information ...
In India, digital payment FinTechs have received the highest amount of funding among all the FinTech sectors as per a report by EY. [1] According to a Tracxn database obtained by Deloitte and EY, over 500 FinTech startups were founded in this sector between 2014 and 2019.