News

Mambu and Ta3meed aiming accelerate Islamic fintech

Mambu and Ta3meed announce a strategic partnership to accelerate the development of Islamic fintech in KSA.

Sthlm Fintech Week 2021

We are happy to announce that Challenger Insider will be a Media Partner at Sthlm Fintech Week and will be joining at this year's online conference on 9th - 10th of February.

Interview

Interview: Raj Bagadi (ScallopX)

The ongoing COVID-19 pandemic has undoubtedly confronted the whole world with an unprecedented challenge, but, at the same time, it has turbocharged a technology revolution worldwide.

Digital Banking

Are you ready for the historical transformation of banking?

Özgür Bayraktar, who leads the critical fintech projects in Turkey and in Europe, draws up this historic transformation of traditional banking in his third book of the Next Generation Banking.

Payment

Central Bank of Turkey launched Instant and Continuous Transfer of Funds (FAST) system

Central Bank of the Republic of Turkey (CBRT) launched FAST System, the Easy Addressing System, which makes it easier to initiate electronic payments by using registered Turkish ID numbers, phone numbers or e-mail addresses,

Investment

Mambu raises €110 million in funding round led by TCV

Mambu, a SaaS banking platform, announced its latest funding round of €110 million in new capital. The new round brings the company’s valuation to over €1.7 billion.

Investment

Divvy raises $165 million at a $1.6 billion valuation

Series D Investment will drive Divvy's expansion beyond business expense management.

Payment

Digital transactions soar over the holidays as MoneyGram reports record online growth

MoneyGram's direct-to-consumer digital business, MoneyGram Online (MGO), delivered 142% year-over-year cross-border transaction growth in December and reported the largest number of transactions ever in a given month.

Payment

Online sales grew 49 percent compared to 2019

According to Mastercard SpendingPulse™, holiday retail sales excluding automotive and gasoline increased 3.0% this expanded holiday season.

Digital Banking

Collaboration between the banks and subscription management fintechs

In this article, we take a look at two subscription management fintech companies working with several banks: Subaio and Minna Technologies.

Investment

The online loan marketplace Prestalo closes a new investment round

This investment round has been led by the Swedish investment fund Segovia Capital, and the agreement has been advised by WP Capital Group, according to a statement.

Open Banking

sync. awarded licence from Qatar Financial Centre Authority

sync., a smart open banking app, has been awarded a license from the Qatar Financial Centre Authority, marking its expansion into the Middle East.