PYMNTS-MonitorEdge-May-2024

financial inclusion

Airbnb CEO, Obamas Debut Public Service Scholarship Fund
Airbnb CEO, Obamas Debut Public Service Scholarship Fund
May 16, 2022  |  Investments

Barack and Michelle Obama will be working alongside Airbnb co-founder and CEO Brian Chesky to roll out a scholarship, called the Obama-Chesky Scholarship for Public...

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Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
May 13, 2022  |  Investments

Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports. The...

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Kickfin, Visa Team on Real-Time Tip Payouts for Service Industry
Kickfin, Visa Team on Real-Time Tip Payouts for Service Industry
May 12, 2022  |  Partnerships

Tip disbursement enabler Kickfin announced Thursday (May 12) that it is partnering with Visa to allow service industry employers to send cashless tip payouts to...

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Mastercard Brings Financial Inclusion Offering to Central America
Mastercard Brings Financial Inclusion Offering to Central America
May 12, 2022  |  Financial Inclusion

Mastercard is rolling out a financial inclusion program in Guatemala, El Salvador and Honduras that will “accelerate the company’s objective of including five million unbanked...

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Nigerians Can Pay Bills With CBDC eNaira
Nigerians Can Pay Bills With CBDC eNaira
May 10, 2022  |  CBDC

The Central Bank of Nigeria (CBN) became the latest governmental body to allow bill payments using digital currency when it approved the use of the...

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Today in the Connected Economy: Meta Unveils Diversity-Focused Small Business Tools
Today in the Connected Economy: Meta Unveils Diversity-Focused Small Business Tools
May 04, 2022  |  Connected Economy

Today in the connected economy, Meta rolls out a series of tools to help Black and Hispanic-owned small- to medium-sized businesses (SMBs). Meanwhile, Mastercard works...

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Today in FinTech: Coinbase, 2TM Drop M&A Discussions; Fiserv, Affirm Talk BNPL
Today in FinTech: Coinbase, 2TM Drop M&A Discussions; Fiserv, Affirm Talk BNPL
May 04, 2022  |  Technology

In today’s FinTech news, Coinbase drops acquisition talks with 2TM, while Fiserv and Affirm team for installment payments. Plus, Galileo and Mastercard are working to...

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FinTech Possible Finance Raises $20M in Equity Funding
FinTech Possible Finance Raises $20M in Equity Funding
May 03, 2022  |  Investments

FinTech firm Possible Finance, which works on financial services for the underserved, announced Tuesday (May 3) that it has received an additional $20 million in...

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Today in FinTech: Dubai Launches Fund to Help Startups; Goldman Sachs Issues Bitcoin-Backed Loan
Today in FinTech: Dubai Launches Fund to Help Startups; Goldman Sachs Issues Bitcoin-Backed Loan
April 29, 2022  |  Technology

In today’s FinTech news, Dubai is upping its game on becoming a serious digital player by ponying up $100.7 million in venture capital funding to...

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