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Latest Industry Updates

  • African Fintech: Visa Links with Hong Kong VC/Incubator Nest to Launch Bootcamp


    Visa has partnered with the Hong Kong-based VC firm and incubator Nest to run a four-day fintech bootcamp in Nairobi for innovative startups in Africa, according to a release. Nest mentors will join executives from Visa’s teams in Kenya, South Africa, and the UAE to coach selected startups and make introductions to the continent’s financial services firms. The program is targeting firms with ideas that will foster financial inclusion and P2P or merchant payments. Selected firms will utilize Visa APIs and pitch for funding and resources from Nest to scale their business. “At its core, Visa is a technology company and we are constantly evolving to provide immersive, collaborative and localised experiences for our clients and partners in this region,” commented Visa GM for Southern and East Africa Jabu Basopo. Applications opened on 5 December 2016 and close at midnight on 10 February 2017. The 4-day program commences on 24 March 2017 in Nairobi at Entrepreneurial Members Club Mettā, c..

  • Companisto Campaigns Zoooom! AMG Sicherheitstechnik, Kumpan, Beach-Inspector & Bier-Deluxe Overfunding


    Currently four campaigns are seriously overfunding on the German crowdfunding platform Companisto. AMG Sicherheitstechnik, a German-based company with 12 years of experience in counseling and sales and over 50,000 clients worldwide, which launched a burglar chasing system branded Alarmtab and closes this Friday has raised over 730,070€ — 730% of its venture loan campaign goal — with the confidence of more than 717 investors. Leading the pack is Kumpan, founded in 2010 by brothers Daniel, Patrik and Philipp Tykesson, is based in Remagen, Germany is building e-scooters with a 50s and 60s retro look that utilize battery technology from the 21st century. The company aims to bring more e-scooters to the autobahn and to the rest of Europe by linking with Companisto. The chic campaign rallied from the start, quickly surpassing its initial goal. To date over 1022 investors have signed on the the e-scooter dream, raising more than 758,644€ — 758% of the campaign goal — with 29 days remaining o..

  • Mambu Selects Chiou Hao to Set Up New Singapore Office


    Mambu, the SaaS banking platform provider, announced the opening of its first office in the APAC region. Mambu’s APAC clients are spread across China and South East Asia as well as Australia and New Zealand, accounting for nearly a third of the company’s total business to date. “We chose Singapore as the location for our APAC office as the region is seeing tremendous growth in fintech, banking innovation and MSME financing,” indicated Mambu CEO Eugene Danilkis. “Chiou’s appointment strengthens our presence in the area as he understands the challenges clients in the region face and the opportunities afforded by the next wave of digital banking.” As Singapore has grown to become a key fintech hub, Mambu’s new office was a natural progression, allow the platform to improve its service coverage and support for its rapidly growing customer base in the region which include lending, telco and other and financial institutions. The new office in Singapore will headed up by Chiou Hao who recen..

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