FinancialInclusion

Plata Card Secures Banking License in Mexico: A Landmark Move for Fintech

12 days ago

In a significant development for the fintech landscape in Mexico, Plata Card has successfully obtained a banking license, marking a pivotal moment not only for the company but also for the growing digital banking sector in the country. This approval comes as many traditional banks are reevaluating their business models amid increasing competition from innovative startups like Plata.

Robinhood Set to Make Waves in Asia With Singapore Launch in 2025

19 days ago

In a significant development for the financial technology landscape, Robinhood has announced plans to establish a headquarters in Singapore and launch its brokerage services across Asia by 2025. The renowned trading platform, celebrated for its commission-free trades, aims to tap into the burgeoning market in the region, where interest in retail trading and investment platforms is growing exponentially.

State Bank of India Sets Its Sights on the Unbanked Population in New Expansion Plans

2 months ago

In a bold move signaling its commitment to financial inclusion, the Chairperson of the State Bank of India (SBI) has unveiled ambitious plans aimed at reaching the millions of unbanked individuals across the country. This initiative comes as part of a broader strategy to bolster the bank's customer base while also fulfilling the government's vision of banking for all.

Canada Launches Groundbreaking Indigenous Investment Dealer to Empower First Nations

2 months ago

In a historic move for financial inclusivity, Canada is setting to introduce its very first Indigenous investment dealer, a pioneering initiative designed to empower First Nations communities economically. This innovative firm aims to bridge the financial gap experienced by Indigenous peoples, providing them with greater access to investment opportunities and financial markets.

Ontario Announces Ambitious Plan to Transform Ownership of Private Assets

2 months ago

In a bold move aimed at broadening access to private investments, Ontario's provincial government is devising new regulations that could fundamentally change the landscape of private asset ownership. The initiative seeks to encourage increased participation from a wider array of investors, particularly targeting smaller investors and those who traditionally find it challenging to engage in private markets.