Fintech Research

Oct

Investments pick up in the Pakistan fintech market

With one of the world’s largest unbanked populations, Pakistan is one of Asia’s last major nascent fintech markets. Yet in 2023 and through the first half of 2024, it was mired in a funding slump – not unusual given the broader global trend, but problematic for a country that truly…

Oct

Fintech Research

The UAE is an increasingly important fintech hub

On Oct. 1, Ripple announced it had received in-principle license approval from the Dubai Financial Services Authority (DFSA), an important step in the process of gaining a full license in the city. When it gains full approval, Ripple will be able to provide cross-border payment services in the Dubai International…

Sep

Fintech Research

Does Nubank have an NPL problem?

Brazil’s Nubank is unique among digital banks globally because it is both unusually large in terms of customers and profitable. Other profitable online lenders, such as Korea’s Kakao Bank – which has about 22 million customers – much smaller. Even Revolut is less than half as large as Nubank. However,…

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