All Financial Services vertical articles
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Network & InfraSES pencils in early-2030s for enterprise quantum comms rollout
Capacity Europe 2025: Satco preparing “fully fledged constellation” for QKD services, with launch of EAGLE-1 satellite quickly approaching. However, SES’ Emin Allagui notes the industry must address capacity and security concerns to bring the technology to maturity…
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Partnerships & AlliancesTelco execs invest in industry fintech player Glow
Device financing partner of BT, and others, secures $65m to expand its international reach and build out its software platform for handset payments, insurance, and upgrades. Investors include several industry heavyweights such as John Malone, Niek Jan Van Damme, and Glenn Lurie.
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Venturing & InvestmentsVivo moves to expand in fintech with Asaas investment
Vivo Ventures makes eighth and largest investment to date in financial management services player. Further collaboration with Brazilian telco on fintech services also under discussion…
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Partnerships & AlliancesAduna goes big on Brazilian B2B with deeper Vivo tie-up
Partnership is aimed at scaling API availability and diversifying into new industries.
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PeopleExecs reshuffled at Orange MEA after fintech boss exits
Departure of Orange Money Group chief Aminata Kane prompts a change at top of fast-growing regional fintech business and operator’s Tunisian outpost.
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Products & ServicesMexican telco quad launch Open Gateway security APIs
Mexico’s four mobile operators have rolled out the first three network APIs in the country, expanding the GSMA’s Open Gateway initiative in Latin America. As with other Open Gateway releases, the early focus is on fraud prevention tools.
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M&AOrange set to check out of Anytime fintech subsidiary
Orange continues to wind down its retail banking business in Europe with exclusive negotiations now taking place over the sale of Orange Bank fintech subsidiary Anytime.
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PeopleAtlasEdge names chief to lead new ops function
European data centre provider creates new Business Operations function, and appoints IT and telecoms aficionado Raoul du Plessis to lead it. Appointment is next in AtlasEdge’s series of management team changes seen over the past year…
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Partnerships & AlliancesTelefónica and CaixaBank rejig device finance tie-up
CaixaBank and Telefónica combine two separate financing joint ventures into their Telefónica Renting tie-up in Spain in latest development between the long-time partners.
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PeopleÁlvarez-Pallete joins Glow after Telefónica exit
Former Telefónica chief takes on an advisory role at telecoms/fintech player in first new job since his exit from Telefónica.
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Financial & PerformanceBeyond mobile: Vodacom invests in non-core services as a major driver of growth
Q3 FY24–25: Operator on track for ‘beyond mobile’ to contribute a quarter of Group service revenue as it advances a ‘dual-sided’ financial services ecosystem. Vodapay and M-PESA continue to play central role in Vodafamily growth, but newest market Ethiopia not yet pulling its weight…
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InnovationBT to create unified innovation function as Division X, Etc. combine
Group seeks to “sharpen” connectivity focus and meet evolving customer needs with new innovation team, under the watch of Tom Meakin’s Strategy & Change team. Longstanding Etc. chief Tom Guy leaves the Group, while Business’s Division X joins forces with the ‘startup from within’…
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Venturing & InvestmentsTelefónica adds Weecover to stable of insurtech startups
Telefónica bets on embedded insurance with investment in Spain-based startup Weecover, following service launch in Germany.
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Strategy & ChangeBT shuts healthtech incubator as digital unit Etc. changes shape
‘Startup from within’ Etc. refocuses on a handful of more promising verticals, leaving healthtech out of future plans and prompting a change of tack for EV R&D. Comes amid wider innovation and incubation change at BT Group…
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Products & ServicesBT targeting healthcare with collaborative approach
BT registering new hy healthtech trademark, as Etc. incubator develops niche with partners.
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B2BVodafone puts network APIs to work to fight fraud
Vodafone reveals how it is opening network functionality via APIs to defend consumers and businesses from scams, with new markets lined up…
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Financial & PerformanceSafaricom pushes homegrown smartphones to keep mobile data momentum
Kenyan operator looks to boost 4G smartphone penetration to fuel customer and mobile data service revenue growth, but challenging economic conditions leaves consumers with less money to spend on new devices.
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Financial & PerformanceSafaricom takes hit from Ethiopia biz but stays upbeat on long-term potential
More tumult from Safaricom’s Ethiopian venture as local currency depreciation pummels the Group’s earnings in H1 FY24–25, but Chief Executive Peter Ndegwa keeps eye on long-term prize from growing market.
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Strategy & ChangeBT Radianz is latest B2B unit to be put up for sale — report
Group reported to be looking for buyers for financial services unit in latest move to slim down, cut back.
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Financial & PerformanceBII weighs impact of Safaricom’s shakeup in Ethiopia
A British International Investment report finds that the UK government’s backing of Safaricom Telecommunications Ethiopia is adding energy to the market, but headwinds make for mixed picture for startup operator.