The Synapse failure and recent enforcement actions make it clear that fintechs need to up their regulatory compliance game. At the same time, they have an opportunity to help shape future rules, …
FTC Sues Cash-Advance Fintech Dave, Says it Deceives the ‘Financially Vulnerable’
The Los Angeles-based company defended its business practices and called the enforcement action “regulatory overreach.” …
South Korean Shipbuilding Stocks Rally After Trump Remarks
As China now outnumbers the U.S. in terms of their naval battleship fleets, the U.S. is seeking to bolster and expand business with South Korea’s globally well-regarded shipbuilders, including HD …
Shorooq leads Corgea’s $2.6mln seed round to revolutionize cybersecurity with AI-driven vulnerability remediation
We have built deep sectoral expertise in fintech, platforms, software, and deep tech. Shorooq has backed category leaders such as Pure Harvest Smart Farms, Nymcard, Tamara, Sarwa, Lean Technologies, …
SoFi Technologies: Solid Upside Ahead
SoFi beat Q3 earnings estimates with strong membership growth, top line expansion & improved adjusted EBITDA. See why I continue to rate SOFI stock a strong buy.
BNZ acquires BlinkPay, set to pour ‘heaps’ into open banking
BNZ has acquired open banking fintech startup BlinkPay for an undisclosed amount, but which co-founder Adrian Smith has called “heaps”. Existing shareholders, including Smith and his late co-founder …
Felix Honigwachs shares Digital Wallet Growth and Contactless Payments: The Surge in Global Adoption
In recent years, digital wallets and contactless payments have become two of the most revolutionary forces in the fintech industry. Driven by a perfect blend of consumer demand, enhanced security …
Takeaways From Money 2020: Trends, Transformations, And Predictions
Coming out of Money2020, here is a round-up of key trends from leading CEOs, founders, venture capitalists and other industry insiders on the future of fintech.
Longtime 6abc host, community staple Wally Kennedy dies at 76 years old
Wally Kennedy, a longtime host of ‘AM Philadelphia’ and ‘AM Live’ here at 6abc, has died. He was 76 years old. Every morning for decades, Philadelphia viewers watched him host the show that …
Tagged: sarwa
Sarwa reportedly offers options trading to their customers, becoming one of the “first” fintech platforms in the Middle East to do so. Sarwa and Alpaca’s partnership has grown since 2021 …
Finanshels Partners with Founder Institute to Supercharge Startup Success in the UAE
Finanshels partners with the Founder Institute to support UAE startups by providing financial literacy, resources, and tailored mentorship. Together, they aim to drive startup success with tools to …
Fintech Banking Doomed To Disappear, But Customers Will Benefit
The traditional banks and credit unions are still the main options, and an entire industry of non-bank financial technology (fintech) providers has arisen. The heyday of fintech has likely come to …
MENA start-ups secure $1.3 billion despite investment decline
According to new research by Magnitt, funding activity has remained “relatively … The region also saw a 34% year-on-year rise in “unique investors.” Fintech was the leading sector for fresh capital, …
Y Combinator-backed fintech CapWay has shut down
CapWay, a Y Combinator-backed fintech that sought to bring financial services to those in so-called banking deserts, has been shut down, according to its founder Sheena Allen. Allen wrote about …
Sol.online says AI revolutionises accounting in UAE and GCC
The company’s tools are automating repetitive tasks, ensuring compliance, and providing real-time financial insights.
The Smartest Fintech ETF to Buy With $500 Right Now
Since the Ark Fintech Innovation ETF’s launch in February 2019, it has climbed 52%. During that same nearly six-year stretch, the S&P 500 index has generated a total return of 132%. Clearly, the …
IRD liquidates fintech over four-year PAYE debt
Court entitled to infer insolvency from non-payment of undisputed tax debt, says judge. MyPay New Zealand offered a mobile payment interface for Chinese payment platforms. Four years of unpaid PAYE …