NEWS
The Social FinTech sector is rapidly growing. Stay updated with the latest news, expert opinions and sector trends in this section.
FINTECH: ACTOR OF THE DEVELOPMENT IN SUB-SAHARAN AFRICA
Africa is the continent with more indexes of poverty. Nevertheless, in the last 15 years has been a constant economy growth not just in a few, but in most of [...]
Social FinTech Startup Tackling Payday Poverty Raises £40m – Wagestream
UK’s Largest Social Fintech Startup Investment? Wagestream, a social FinTech startup founded only last year, has just secured a Series A funding round of £15m. In addition to this they [...]
Monzo’s Hidden Social Impact Initiatives
Monzo Bank Monzo is a UK challenger bank that has been making headlines as one of the UKs top FinTech banks. Although many of these FinTech banks have adopted a [...]
Lemonade – Social FinTech of the Month
Lemonade: B-Corp Startup Lemonade is an InsurTech startup. They provide hassle-free and flexible insurance packages, furthermore, they are a certified B-corp company. B-Lab is a non-profit global organisation, and they [...]
Lenddo – Social FinTech of the Month
Lenddo is a social FinTech with the mission of improving financial inclusion. They started their operations in the Philippines in 2011. At first, they would verify identities using Facebook data [...]
Worldcoo – Social FinTech of the Month
Worldcoo - What do they do? Worldcoo is a Spanish Social FinTech startup that also has a B-Corp certification. This social FinTech leverages round-ups in order to donate them to [...]
Social FinTech FairMoney Raises €10m
FairMoney The Social FinTech raised €10m in a series A this week. FairMoney was founded in 2017 by Laurin Hainy. This Paris-based startup has their operations in Nigeria, but their [...]
Tandem Bank Launches “Savetember” Campaign
Why the Need to Save? According to the Office for National Statistics (ONS), in the UK, 50% of 22 to 29 year-olds are living with no savings. Furthermore, it is [...]
Social FinTech of the Month – Bettervest: Green Crowdinvesting
Innovation in Sustainability & Renewables Sustainability and renewable energy have been at the centre of innovation over these past few years. We’ve seen companies like Solar City pioneer the cost [...]
Impact Metrics: Importance of Measuring Social Impact
If you consider your startup as a social FinTech, or social enterprise in general, then creating a positive impact is at the heart of the company's mission. What are the [...]
Banking the Unbanked: Africa’s Biometric Blockchain
The Unbanked Blockchain is becoming the go-to technology for banking the unbanked. There are around 1.7bn adults that do not have access to a bank account. Furthermore, around 160 million [...]
G7 Urged to Invest into $255m Financial Inclusion Fund
Bill and Melinda Gates Foundation The Bill and Melinda Gates Foundation are spearheading a campaign for a $255 financial inclusion fund. So far France and the UK have pledged $45m. [...]