Nigerian online-only bank startup Kuda raises $1.6M – gpgmail

[ad_1] Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile finance platform. Kuda also received its banking license from the Nigerian Central Bank, giving it a distinction compared to other fintech startups. “Kuda […]

Justice Department indicts 80 individuals in a massive business email scam bust – gpgmail

[ad_1] The Justice Department have indicted dozens of individuals accused of their involvement in a massive business email scam and money laundering scheme. Thom Mrozek, a spokesperson for the U.S. Attorneys Office for the Central District of California, confirmed more than a dozen individuals had been arrested during raids on Thursday — mostly in the […]

China’s Transsion and Kenya’s Wapi Capital partner on Africa fund – gpgmail

[ad_1] Chinese mobile-phone and device maker Transsion is teaming up with Kenya’s Wapi Capital to source and fund early-stage African fintech startups. Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa that recently confirmed its imminent IPO. Wapi Capital is the venture fund of Kenyan fintech startup Wapi Pay—a Nairobi based company that facilitates […]

Venmo launches instant transfers to bank accounts – gpgmail

[ad_1] PayPal -owned payments app Venmo today announced support for instant transfers to U.S. bank accounts. The feature is an optional alternative to Venmo’s standard bank transfer service, which typically takes one to three business days to process transactions. With Instant Transfer, however, funds from your Venmo account can hit your bank account within minutes. […]

Apple rolls out Apple Card Preview to select users – gpgmail

[ad_1] Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the card in their Wallet app today — as well as the option to order their physical Apple […]