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The fintech sector accounted for more than 25% of all venture capital rounds over the past few years, with South Africa joining other regional giants like Egypt, Nigeria, and Kenya in this regard. Seven of Africa's nine famous digital unicorns...

The Small Business Administration's flagship loan programme is receiving strong opposition from bank trade groups in the US, which claim that allowing fintech’s to join would compromise the program's credibility and hurt borrowers. The new SBA proposal would permit fintech’s...

An official tweeted on January 7 that the Indian government has received several offers for a majority stake in IDBI Bank after the window for expressions of interest had passed earlier in the day. Along with the state-owned Life...

For its first Eurobond sale of the year, Saudi Arabia has attracted more than $20 billion in investor orders for a triple-tranche dollar bond. The kingdom has disclosed details of a sale of notes with maturities of five, 10.5 and...

The fact that a 166-year-old Western financial institution turns to Saudi Arabia for bailout money is both a sign of the times and a window into the future. It wasn't a typical financial rescue when the Saudi National Bank...

According to Guo Shuqing, party secretary of the People's Bank of China, in an interview with the People's Daily published on January 8, the world's second-largest economy is anticipated to quickly recover as a result of the nation's optimised...

After the COVID-19 catastrophe two years ago, the world's reliance on technology hasn't slowed down at all. In reality, as indicated by greater investment in emerging technologies, the faster digitalization and development seen during the pandemic have only continued....