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Tribal Credit Raises $34 3 Million to Fuel Mexican Growth and Support SMEs in Emerging Markets

Tribal Credit Raises $34 3 Million to Fuel Mexican Growth and Support SMEs in Emerging Markets
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BPC extends APAC, EMEA partnership with Visa Fintech Fast-Track Program

BPC Banking Technologies announced it has extended its membership with Visa’s Fintech Fast Track Program to Asia - Pacific (APAC), and Europe, the Middle East and Africa (EMEA) regions. The program makes it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new payment experiences. This strategic initiative is a response to the surge in demand among fintech players to enhance their product propositions, expanding beyond their core businesses. Due to the global pandemic, many innovators will be particularly focused on the delivery of services that are supported by quick, seamless, and reliable digital payments. Worries about virus contamination through money handling, along with virtual working arrangements, the rise of online shopping due to lockdown restrictions and bank closures, has led to an accelerated pace of adoption for contactless and mobile transactions around the world, particularly in fast growing emerging markets.

YC-backed Djamo is building a financial super app for consumers in Francophone Africa – TechCrunch

Djamo, a financial super app for consumers in Francophone Africa, is the first startup from Ivory Coast to get backing from Y Combinator. While there has been a huge profusion of financial services that have emerged in recent years in Africa, Djamo’s mission is to try to plug one specific and very underserved gap in […]

Wirex joins Visa as its newest principal member

The company already became a principal member of Mastercard earlier this year. Wirex gathered over 3 million users, and team-up with Visa will make it available to millions of merchants. Visa recently received another principal member in Europe a payments platform Wirex. The platform was approved after successfully completing the Visa’s FinTech Fast Track Program. Visa’s newest principal member Wirex is a UK-licensed payments firm, which now has permission to issue Visa cards. More than that, it can also sell any related products, and even apply for additional licenses. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

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