Finance

TBILISI, Georgia – DFC and Gazelle Finance announced an economic recovery facility to provide technical assistance to Ukrainian small and medium enterprises (SMEs) whose businesses have been negatively impacted by the war. The new facility builds upon an existing DFC investment in Gazelle, which provides capital to SMEs in key sectors in the South Caucasus, …

US International Development Finance Corporation (DFC) and Gazelle Finance Launch Facility to Support Ukrainian Companies Displaced by War Read More »

Introduction Financial technology is transitioning from a discrete vertical market into a horizontal opportunity. This, in essence, is the genesis of embedded finance. Companies across industries – from retail to technology to banking – are embracing fintech as part of their technology stack and business model to deliver a richer, “stickier” and more lucrative user …

A primer on embedded finance, ‘fintech as a service Read More »

Wealth management – indeed the whole financial services industry – was created by men to serve a predominantly small clientele. Not only were men historically the household earners and entrepreneurs, but they typically made the long-term financial decisions. That’s changing, slowly. Household wealth is becoming more equally shared between men and women in partnerships, marriages …

Is your wealth manager in tune with their female clients? Read More »

As a wave of fintechs rode successive funding rounds to ever-higher valuations over the past five years, Swedish buy now, pay later company Klarna declared its ambition to become the Ryanair, Tesla and Amazon of the sector. But now as central banks raise rates in a fight against surging inflation, Klarna is trying to raise …

Fintechs face reckoning as easy money dries up Read More »

As pressure on compliance function grows in a fast-moving and increasingly complicated regulatory and operational landscape, almost 90 per cent of financial services firms have reported increased compliance expenditure over the past five years, with one in 10 saying costs have doubled. In this light, 44 per cent of firms are planning to invest more …

Regulatory Reporting Remains Highest Priority for Finance Firms Despite Some Costs Doubling Read More »

An Asian Malay groceries shop owner calculating the price of an item for her customer. Malaysia’s Islamic fintech industry focuses on catering to underserved banking segments such as small and medium-sized enterprises. Source: Edwin Tan via Getty Images Malaysia’s Islamic financial technology companies are making slow progress in a booming Islamic finance market, amid competition …

Malaysia’s fintech industry slow to capitalize on Islamic finance growth Read More »

The DeFi use case for uncollateralized lending is undergoing its first major stress test. On June 17, Babel Finance, a Bitcoin financial services company offering lending and asset management services, suspended redemptions and withdrawals citing “unusual liquidity pressures” amid recent market volatility. As the project tries to reassure investors and customers it is sound, the …

Babel Finance Struggles to Find its Footing After Suspending Withdrawals Read More »