Author: Akin Naphtal

The UK and Singapore have agreed a new MoU boosting fintech trade and cooperation at their 7th Financial Dialogue in Singapore. • The UK and Singapore agree a Memorandum of Understanding (MoU) on the UK-Singapore FinTech Bridge to remove barriers to fintech trade and boost cooperation• This will deepen engagement between businesses, and regulators, adding to previous co-operation• Policy makers from both the UK and Singapore will meet regularly with the fintech sector to work to remove regulatory barriers to trade The Fintech Bridge builds on an agreement signed in 2016 – which will remove barriers to fintech trade by…

Equals Group, a fintech payments group outfit on the SME marketplace, is to acquire open banking platform Roqqett for a total consideration of up to £2.25 million.Roqqet was established in November 2019 by Glenn Smith, who previously held senior roles with UBS and Barclays in FX derivatives followed by over a decade in technology start-ups. The firm, is authorised by the FCA as both an AISP (Account Information Service Provider) and PISP (Payment Initiation Service Provider), two licences that Equals currently does not hold. The acquisition will give Equals the ability to provide its SME clients with account-to-account payments for…

Morocco-based SmartProf, an online tutoring marketplace for school-aged students, has closed a pre-seed funding round of US$110,000 to help it expand across its home market and into the West African region. Founded in 2021 by Hamza and Mustapha Faiz, alongside Ali Faouiz, SmartProf aims to become a one-stop-shop ed-tech platform for private tutoring in North and West Africa. “We launched Smartprof after noticing that the private educational system was failing in Morocco. We were convinced that every student needs some kind of private assistance in order to overcome the challenges faced at schools. The private tutoring market is very fragmented;…

MTN Zambia has launched its 5G network and claims to be the first mobile operator in the Southern African country to offer 5G services commercially after successfully undertaking trials over the past 11 months. MTN Chairman Mcebisi Jonas says, “The launch of this ultra-fast communication capacity serves as a clear indication of MTN’s commitment to being a major player in Zambia’s digital economy. We look forward to continuing to work together to meaningfully impact the growth and development of Zambia.” READ ALSO: The United States and Bangladesh Launch New $18 Million Inclusive Education Initiative Ericsson Set To Invest Millions Of…

The “6G Market” research report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It uses several approaches for analyzing the data of the target market such as primary and secondary research methodologies. 6G market research is an intelligence report that provides accurate and valuable information. The data that has been reviewed takes into account both existing top players and upcoming competitors. It includes investigations based on historical records, current statistics, and futuristic developments. It centers around the real drivers and restrictions for the key players and presents challenge status with development prospects. The global 6G Market…

South African fintech startup Revio, a subscription billing and payments platform that powers software-as-a-service (SaaS) businesses, has raised US$1.1 million in seed funding to launch new products, expand its team, and enter into new markets. Co-founded in 2019 by venture builder The Delta and a private investor, Revio is a SaaS company that powers growing or scaling e-commerce and subscription-based businesses. In its simplest form, Revio provides recurring billing automation, sending of electronic invoices, accepting of any payment method, and reconciling with ease. Revio has just raised US$1.1 million in seed funding, with the round led by SpeedInvest and joined…

What are the barriers for female workers and how can companies overcome the gender gap? Our friends at Jobbio take a look.You only have to look at the Meet the Team section of any tech firm’s website to see that women remain largely underrepresented in the industry, especially in top leadership roles. This shortcoming threatens to leave half the world’s population out of the companies, products, and conversations helping to shape our collective future. But what are the barriers for female workers and how can companies overcome the gender gap?“I think the challenge with women and tech starts in schools,”…

BingX, the world’s leading crypto exchange with unique features of copy trading, has announced its upgraded trader onboarding system and became the first to launch traders Intelligent Review System, which makes it easier and faster for traders to get onboard and blend in. BingX is always committed to building up a leading, innovative, and ecological system for copy trading, where talent-oriented and technology-driven is the key to keeping stable and healthy growth with closed loop for all traders. BingX optimized trader application procedure based on the principle of openness, fairness, efficiency, and transparency. Compared to common manual review on the…

The new crypto trading platform Alpha Capital has officially unveiled its App. Alpha Capital uses the latest arbitrage and quantitative trading strategies to maximize profits for crypto traders. The App appears meticulously thought out for maximum proficiency, demonstrating an emphasis on ‘easy to use’ and ‘frictionless UX’. With an intuitive design, no prior knowledge or experience is required in order to fully benefit from the platform’s features, even crypto novices are able to understand and utilize the App on mobile or desktop. “Crypto is hard. We make it easy.” is exactly what Alpha Capital pledges and coincidentally what everyone wants…

Hydro One reinforced its commitment to support customers in financial need with its Winter Relief Fund. As part of the company’s commitment to customers, those in need of financial assistance as well as increased payment flexibility are encouraged to contact Hydro One for support. Since 2020, the company has helped tens of thousands of customers access approximately $11 million in financial relief from both Hydro One and government programs. “Since the start of the pandemic, we have seen a small segment of our customers fall further and further behind. We continue to encourage customers who are experiencing financial hardship to…