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Category: FINTECH

Posted on 20/09/2024

Fintech Giant Revolut Planning to Launch Its Own Stablecoin

Revolut reportedly plans to launch its own stablecoin, marking a major expansion amid growing competition in the stablecoin market.

Posted on 19/09/2024

Opendoor Has Plunged, But Is Now the Time to Buy?

Opendoor Technologies (NASDAQ:OPEN) is certainly an intriguing stock to many investors. The company is focused on simplifying home sales by offering instant cash for homes, handling repairs, and …

Posted on 19/09/2024

UAE: Remit now, pay later in instalments with new service

A first-of-its-kind service will allow users to send money internationally, instantly, but make payments later using the Botim Ultra App. The Send Now, Pay Later (SNPL) programme will support the …

Posted on 19/09/2024

Supreme Positive Momentum Continues After Strong Performance

Supreme said it delivered record organic revenue and profit growth for fiscal 2024 driven by strong consumer demand, adding that the positive momentum is continuing into the first half of fiscal 2025.

Posted on 19/09/2024

Fintech Giant Revolut Said to Be Planning Stablecoin

Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.

Posted on 18/09/2024

Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success

HONOLULU–Wallace “Wally” Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children’s literacy advocate, has died. He was 88.

Posted on 18/09/2024

Wally Amos, Who Opened Hollywood’s Famous Amos Cookie Shop in 1975, Dies at Age 88

Cookie entrepreneur Wallace “Wally” Amos Jr., also known as Famous Amos, died from complications related to dementia on August 13, 2024, at his home in Honolulu, Oahu. Though most recognize …

Posted on 18/09/2024

Settle Payments secures $2mln pre-seed funding led by Shorooq Partners to overhaul B2B payments in Egypt

SETTLE’s services will automate critical financial operations and offer companies across Egypt and other areas real-time cash flow management for better decision-making …

Posted on 18/09/2024

FinTech LIVE Dubai – Amberdata Keynote Presentation

Talking at FinTech LIVE Dubai, Co-Founder and CEO of Amberdata, Shawn Douglass, discusses the transformative impact of digital asset data …

Posted on 18/09/2024

16 incredible things to do on Dubai’s last week of summer

The Polish National Ballet and orchestra will bring Giselle to Dubai Opera from Wednesday September 18 until Friday September 20. The masterpiece tells the tragic story of a young girl who dies of …

Posted on 18/09/2024

Pemo wins best expense management solution of the year at the leaders in fintech awards

As a UAE-based FinTech company, with less than three years’ growth, Pemo has quickly made significant strides in the fintech sector …

Posted on 18/09/2024

India’s Playbook Partners close to striking deals with UAE, Saudi institutional investors, large family offices for $250mn fund

The initial target of $250 million corpus for the fund could go up several notches if the institutional investors from the region agree to write bigger cheques …

Posted on 18/09/2024

Capital.com: New survey finds UAE emerging as a global tech hub for Asian talent

As a global fintech company with offices in London, Dubai, Limassol, Melbourne, Warsaw, and Vilnius, Capital.com is guided by a sustainability-led startup framework, prioritising smart partnerships …

Posted on 18/09/2024

Governor of Reserve Bank of India Talks Fintech, CBDC – Pilot Reports Over 5 Million Users

Shri Shaktikanta Das, Governor of the Reserve Bank of India, touched on multiple topics pertaining to Fintech at a global conference entitled Digital Public Infrastructure and Emerging Technologies.

Posted on 18/09/2024

FDIC proposes new custodial deposit rule, finalizes merger policy

The FDIC’s new custodial deposit rule aims to improve recordkeeping for custodial accounts, while the finalized merger policy would increase regulatory scrutiny for mergers involving the largest banks …

Posted on 17/09/2024

SA Fintech Happy Pay Raises R32 Million To Eliminate Consumer Credit Costs

Happy Pay, South Africa’s only independent Buy Now, Pay Later (BNPL) provider with 150,000 active users, has secured $1.8 million or R32 million in pre-seed funding …

Posted on 17/09/2024

Swedish Fintech Savr Secures Investment from European Investment Firm Incore Invest

Savr, a fintech in Sweden has secured financial investment from Incore Invest, a European investment firm focusing on growth stage investments.

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