Topic: transaction volume
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Money Fellows Hits $1.5B in Digital Savings Transactions
Money Fellows, an Egyptian fintech, has processed over $1.5 billion in digital savings transactions and attracted more than eight million users, digitizing informal savings circles into secure financial tools. The platform offers a fully integrated experience with digital savings groups, smart sa...
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Pine Labs Cuts IPO Valuation in Global Fintech Push
Pine Labs is proceeding with its IPO at a valuation of approximately $2.9 billion, which is about 40% lower than its previous private valuation of over $5 billion in 2022, and has reduced its fundraising target by 20%. The company has evolved from providing point-of-sale systems to offering a bro...
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Iraq's Digital Finance Leap Earns World Bank Praise
Iraq has received World Bank praise for rapidly expanding electronic payment systems and financial inclusion initiatives, demonstrating commitment to modernizing its banking sector. Electronic transactions exceeded $1.52 billion in August 2024, with 20 million payment cards in circulation reachin...
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