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A service for banking industry professionals · Saturday, August 29, 2026 · 938,121,361 Articles · 3+ Million Readers
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United Kingdom Microfinance Industry Newswire

  • Published on 08:02 GMT

    Bangladesh needs to invest in home-based childcare

    Every morning before work, Rima, a garment worker living on the outskirts of Dhaka, faces a painful dilemma: there is no safe place to leave her two-year-old daughter. Her elderly mother lives in a distant village, her husband works as a rickshaw puller, …

    Source: Daily Star - Neutral
  • Published on Aug 26, 2026

    Moniepoint Winds Down MonieWorld 16 Months After UK Remittance Launch

    MonieWorld launched on April 16, 2025, through Moniepoint’s UK subsidiary, Moniepoint GB. The service was designed as the first step towards a broader financial-services platform for Africans in the diaspora. Moniepoint says monthly transaction volumes …

    Source: The Will - Neutral
  • Published on Aug 26, 2026

    Moniepoint shuts down MonieWorld after 14 months of UK remittances to focus on Africa

    Moniepoint is shutting down its UK-focused remittance service, MonieWorld, just 14 months after entering the UK-Africa money transfer market, as the Nigerian fintech redirects investment and operational resources towards its core African businesses. The …

    Source: TechTrendsKE - Neutral
  • Published on Aug 26, 2026

    Moniepoint shuts down MonieWorld UK remittance product, redirects focus to Africa

    Moniepoint announced the closure of MonieWorld, its UK-based remittance service, less than 18 months after it launched to serve Nigerians in the diaspora The Nigerian fintech unicorn had committed over £1.2 million in setup costs and a $2.5 million equity …

    Source: Legit News - Neutral
  • Published on Aug 26, 2026

    What really happened with Moniepoint’s UK-based remittance business

    Seven things you need to know about the shutdown of MonieWorld — and what it reveals about the brutal economics of the UK-Nigeria remittance corridor By Boluwatife Oshadiya | August 25, 2026 KEY POINTS Moniepoint announces the wind-down of MonieWorld, its …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on Aug 25, 2026

    Moniepoint winds down UK remittance business MonieWorld

    Key points Moniepoint Inc. is transitioning its UK-based remittance product, MonieWorld. The fintech group says it is redirecting capital, technology and operational resources towards its core African markets. MonieWorld recorded a 70 per cent increase in …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on 01:49 GMT

    Chettinad Heritage and Cultural Festival returns with heritage mansions, textiles and feasts

    For V Ravichandar, a recent first visit to the fabled mansions of Chettinad was inspiring. Ravichandar, who guided the Bangalore International Centre through its formative years and is the founder of Bengaluru Hubba returned home fizzing with ideas. …

    Source: The Hindu - Center-left
  • Published on Aug 24, 2026

    The key to fair regulation of microcredit in Spain

    The draft Law on Consumer Credit Contracts is an opportunity to generate a solid legal framework that reinforces a key sector for thousands of households facing unforeseen economic events. However, the final design of the regulation must be prudent, …

    Source: Democrata - Neutral
  • Published on Aug 27, 2026

    For promoting youth entrepreneurship...

    The highly venerated Ntarinkon Credit Union GM was among honorees of the 2026 edition of the Outstanding Cameroon Diaspora Global Awards. Held on Saturday August 15, 2026, the awards, an initiative of the United Council for Youth Empowerment, UCYE …

    Source: The Guardian Post - Neutral
  • Published on Aug 14, 2026

    Economy35 minutes ago Airtel Mulls UK Listing of Mobile Payments Unit in Dollars

    By Adedapo Adesanya Airtel Africa Plc is considering listing its mobile payments subsidiary, Airtel Money, in US Dollars when it debuts on the London Stock Exchange (LSE) later this year, in a move that could make it one of the few companies to pursue a …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on Aug 26, 2026

    Moniepoint pulls plug on MonieWorld after 14 months, refocuses on Nigeria, Kenya

    Moniepoint is winding down MonieWorld, its UK-based remittance business, just 14 months after launch, in a strategic retreat from the diaspora market that shifts capital and management attention back to Nigeria and Kenya. The decision marks a recalibration …

    Source: Business Day - Neutral
  • Published on Aug 27, 2026

    Police arrest seven suspects over ‘N3.6bn crypto, internet fraud’

     The Nigeria Police Force National Cybercrimes Centre (NPF-NCCC) says seven suspects have been arrested over alleged money laundering, business email compromise, sextortion, blackmail, romance scams and other internet-related offences.   NAN reports that …

    Source: Nigerian Eye - Neutral
  • Published on Aug 27, 2026

    RBM yet to close in on debt overhaul

    The Reserve Bank of Malawi (RBM) says that about K1.27 trillion owed under facilities with Trade and Development Bank (TDB) and Egypt-based Afreximbank stood in arrears at the end of 2025 as negotiations to restructure the debt continue, years after the …

    Source: The Nation Malawi - Center-left
  • Published on Aug 3, 2026

    Pakistan's Abhi plans to hold an IPO of Abhi Microfinance Bank

    AK&M 03 August 2026 11:03 The Pakistani fintech company Abhi plans to hold an IPO of Abhi Microfinance Bank Ltd. against the background of the growing activity of the Pakistan Stock Exchange (PSX). This is reported in the press release of Abhi. As part …

    Source: AK&M - Indeterminate
  • Published on Aug 26, 2026

    Top 10 Private Fintech Companies by Valuation as of August 2026

    Free Newsletter Get the hottest Fintech Switzerland News once a month in your Inbox The world’s largest private fintech companies primarily operate in the cryptocurrency and corporate finance sectors, demonstrating venture capital’s perception of these …

    Source: Fintech News Switzerland - Neutral
  • Published on Aug 24, 2026

    Nana Adwoa Tutuwaa named Global Humanitarian of the Year 2026

    What began in 2014 as a personal passion to help people in need has grown into more than a decade of humanitarian service, touching lives across communities in Ghana.  For Nana Adwoa Tutuwaa, Founder and Chief Executive Officer of Nhyiramma Foundation, …

    Source: MyJoyOnline - Pending
  • Published on Jul 30, 2026

    Abhi Microfinance Bank Plans Rs. 3 Billion IPO at PSX

    Pakistan’s fintech group Abhi is preparing to launch an initial public offering (IPO) of Abhi Microfinance Bank later this month, seeking to raise between Rs. 2 billion and Rs. 3 billion, reported Bloomberg. The lender plans to offer approximately 14 …

    Source: ProPakistani - Neutral
  • Published on Jul 31, 2026

    FMDQ Exchange lists N4.46bn LAPO MFB SPV bond for microfinance sector expansion

    FMDQ Securities Exchange Limited has approved the listing of LAPO MFB SPV Plc’s N4.46 billion Series 1 5-Year 20 percent Fixed Rate Bond. The Bond is under its N30 billion Bond Issuance Programme. LAPO MFB SPV Plc is a special purpose vehicle established …

    Source: Business Day - Neutral
  • Published on Aug 25, 2026

    Bank of Baroda: ₹35,715 Crore Written Off, NMC Settlement Questions Unanswered

    Last week brought a familiar Indian story dressed in a fresh set of numbers: an institution funded by the taxpayer treats its biggest defaulters with far more discretion than it shows an ordinary depositor who is late in updating  know-your-customer (KYC) …

    Source: Moneylife India - Neutral

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