Carbon's debit card suspension questions viability of card business for fintech startups
Nigerian fintech Carbon suspended its debit card service. Fintechs struggle with the cost of card operations and the lack of revenue opportunities.
Accion’s new $152.5M fund will back financial institutions serving small businesses globally
Accion has launched the Accion Digital Transformation Fund, a $152.5 million fund for large financial institutions to support their digital transformation. The fund will focus on companies serving micro, small, and medium enterprises across South and Southeast Asia, Latin America, and Africa.
