Estonia’s Mifundo will add Yapily’s Data Plus bank-account enrichment to its cross‑border credit assessment platform, delivering a single, standardised report that merges verified bureau histories with categorised account activity for customers whose finances span European borders.
Mifundo will integrate Yapily’s Data Plus feed into its platform so lenders receive a single report combining verified credit bureau data and enriched bank-account information.
The partnership positions lenders to comply with the EU’s revised Consumer Credit Directive (CCD2), effective 20 November 2026, which bans credit discrimination based on residence.
It covers customers whose financial histories span multiple European countries. Mifundo estimates that 45 million mobile Europeans have financial ties to more than one country. It returns categorised and enriched bank data, with the customer's consent.
Yapily was chosen for its open banking infrastructure, its presence across Europe, and its coverage of SME and corporate accounts. Statistics Statistics The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes.
It puts the cross-border consumer lending market at EU€719 billion. A customer may have credit history in one country. This makes it hard for a bank to see the full picture.
Paymentology, the leading global issuer processor, has partnered with Maxim, the borderless credit platform for Africans, to support the launch of its new credit card programme in the UK.
Fin.com has raised US$20 million seed round as it emerges from stealth. The funding will support its infrastructure for cross-border payments. Expa and Uber co-founder Garrett Camp led the round. Coinbase Ventures, Figure’s founders and Mesh founder Bam Azizi also took part, alongside sovereign and royal family offices
The round was led by European fintech specialist BlackFin Capital Partners. Source
The broader ambition is clear: as African consumers and businesses increasingly operate across borders, fintech companies are betting that the next stage of growth will depend less on isolated national payment systems and more on how effectively those systems can connect.
As countries across Africa continue to modernize their payment infrastructure, Mastercard is expanding its efforts to help build trusted and inclusive payment systems through strategic collaborations with The Mojaloop Foundation and AfricaNenda Foundation.
Tanzania’s growing fintech sector needs a new approach to partnerships between startups, banks and mobile network operators if local companies are to scale, industry leaders have said.
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