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Kuda, also known as Kuda Technologies Limited, is a Microfinance Bank and fintech company operating in Nigeria and the UK. It was founded by Babs Ogundeyi and Musty Mustapha in 2019. [1] [2] [3] The company initially begun as Kudimoney, or "the bank of the free", an online-only savings and lending platform.
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry.This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as ...
In 2019, Stitch was founded in Cape Town, South Africa as Stitch Money. [5]In February 2021, Stitch raised $4 million in seed funding. The firm was initially focused on enabling businesses to access user financial accounts to view financial data.
Lesaka Technologies (formerly Net 1 UEPS Technologies) is a South-African financial technology company that is listed on the NASDAQ (Nasdaq: LSAK) and Johannesburg Stock Exchange (JSE: LSK).
Inadequate infrastructure, a lack of skilled labor, and limited access to finance, are hindering Africa's development. [69] In recent years, Africa has faced declines in foreign direct investment, overseas development aid, portfolio investments, and cross-border bank flows. [70] [71] [72] To meet the UN Sustainable Development Goals (SDGs) by ...
The Banking Industry Architecture Network e.V. (BIAN) is an independent, member owned, not-for-profit association to establish and promote a common architectural framework for enabling banking interoperability. It was established in 2008.
Bank of Africa (BOA) is an international financial services group headquartered in Casablanca, Morocco. It was formed through the 2010 acquisition of Bank of Africa (est. 1982 in Mali ) by the Banque Marocaine du Commerce Extérieur ( BMCE , Arabic : البنك المغربي للتجارة الخارجية , lit.
Zopa, founded in February 2005, was the first peer-to-peer lending company in the United Kingdom. [13] Funding Circle, launched in August 2010, became the first significant peer-to-business lender and offering small businesses loans from investors via the platform. [14]
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