RappiPay raises $112M to improve financial inclusion in Colombia; & more!

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RappiPay raises $112M to improve financial inclusion in Colombia. The financial credit granted to the fintech was provided by Bancolombia, Banco de Bogotá, Davivienda, and Itau. RappiPay has already delivered over 200,000 cards in Colombia, and 40% of users report that this was their first credit card. Link here.

#FinTechInnovation

• eToro received in-principle approval to operate as a securities, and crypto broker in Abu Dhabi. The subsequent approval for a Financial Services Permission from the ADGM. Link here


• MyPOS obtains an e-money licence from the CB of Ireland. The firm provides point-of-sale payment acquiring and payment solutions to more than 150,000 SMEs. Link here


• Bambu offers new predictive solutions. The service will enable RMs, Financial Advisors, Agents, and firms in the financial sector to identify and prioritize their clients' needs. Link here

#Crypto

• "USA can not afford to let crypto go offshore." Coinbase CEO Brian Armstrong believes that one of the most robust policy arguments for cryptocurrency is that it’s a national security issue. Link here