Flutterwave Is Valued At Over $3b But Is It Really Worth More Than Top Nigerian Banks ?
Flutterwave became the most valued African startup this month after raising $250 million in a Series D financing round at ...
Wednesday, May 25, 2022
Tag: banking
France’s Business Banking Startup Qonto Raises $552 Million At A Valuation Of $5 Billion
Qonto, a French business banking startup has raised $552 million (€486 million) in a Series D funding round, bringing its ...
UK Digital-only Bank Monzo Withdraws Its U.S. Banking License Application
UK-based fintech startup Monzo has withdrawn its application for a banking license in the U.S. The digital-only bank’s decision comes ...
Nigerian Startup Prospa Raises $3.8 Million In Pre-seed Round, Will Offer Banking And Software Services To Small Businesses
Nigerian startup Prospa has raised $3.8 million in a pre-seed round. The funding round comes a few months after it ...
UK’s Revolut Is Seeking A Banking License To Operate In Australia
Digital banking company Revolut wants to acquire a banking license in Australia and is already in talks with the country’s ...
Kuda Is Now Nigeria’s 7th Most Valuable Bank After A $500m Valuation
Nigeria's digital bank Kuda has become the 7th most valuable bank in Nigeria after its Series B round that took ...
NIBSS Instant Payments (NIP) Transactions Hit N20tn In May
According to the Nigeria Inter-Bank Settlement System (NIBSS), in the month of May alone, Nigerians transacted over N20 trillion worth ...
Bank of America Tops Estimates With Revenue Of $22.9b, Crypto In View
On Thursday, Bank of America reported a profit of $8.1 billion and revenue of $22.9 billion for first quarter. The ...
Saudia Arabia’s Central Bank Signs Blockchain Deal With US-based Ripple
Some central banks have either begun to look for ways to integrate digital money into their operations or have already ...
Bank Of Japan Starts Its Experiments Relating To Digital Currency
The Bank of Japan (BOJ) has begun experiments to analyse the viability of digital currencies in the country. The bank ...
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