Africa’s fintech revolution has entered a new phase as Nigerian-born Moniepoint secured an additional $90 million in funding, extending its latest investment round to $200 million. Backed by Visa, Alphabet’s Google Africa
The UK’s Financial Conduct Authority (FCA) has issued a sharp warning to banks and payment providers, demanding tighter safeguards to combat the rising tide of romance fraud. Following a comprehensive review of
In the fast-evolving world of corporate finance, merchant banks are becoming increasingly crucial. Unlike traditional retail banks, which cater to the general public, merchant banks specialise in offering high-end financial services tailored
HSBC’s proposed acquisition of the remaining 40 per cent stake in Hang Seng Bank marks one of its most significant strategic moves in Asia in recent years. Valued at approximately US$13.6 billion,
UBS Group has doubled down on its commitment to shareholder payouts, even as Swiss regulators prepare to tighten capital requirements in the wake of the Credit Suisse collapse. Under the leadership of
A new report from Standard Chartered has sent ripples through the financial world, warning that stablecoins could drain as much as $1 trillion from emerging market banks within the next three years.
The reinsurance world has long operated behind the scenes – essential to the functioning of global insurance markets, yet often invisible to all but industry insiders. But as risk becomes more complex
Private credit has evolved from a niche alternative to a mainstream force, yet its explosive growth in mature markets has begun to reveal limits. As competition tightens and returns compress in the
The European Central Bank is moving to streamline regulation by proposing a reduction in capital buffers and simpler compliance rules for smaller lenders across the eurozone. Vice-President Luis de Guindos has emphasised
The landscape of retail investing is undergoing a significant transformation, driven by the integration of artificial intelligence (AI) into financial advisory services. As AI tools like ChatGPT approach their third anniversary, approximately
