A report by Magnitt revealed that the fintech sector in Egypt underwent a notable decrease in venture debt funding by 86% YoY, as only $4 million was invested in Egyptian fintech startups. Fintech …
Real estate fintech Stake raises $14 million
The Kingdom is a key market for both regional and international investors and presents vast growth opportunities for real estate fintech companies such as Stake … market leading product. Co-Founder …
UAE fintech Stake secures $14mln in Series A; backers include Abu Dhabi’s Mubadala, Saudi Aramco’s VC unit
The Dubai-based fintech start-up Stake has raised $14 million in a Series A funding led by MEVP (Middle East Venture Partners), a UAE venture capital firm, with participation from Abu Dhabi’s …
Block: 3 Reasons To Buy This Fintech On The Drop
Block’s shares have continued to sell off after the Fintech’s solid Q1’24 earnings. Read why I continue to rate SQ stock as a strong buy.
Kernel cracks $1 billion FUM, plans to add more savings options
Locally owned investment platform Kernel has cracked the $1 billion funds under management nut after experiencing $170 million in inflows in April and its highest number of retail customer …
Félix Pago Gets $15.5M in Funding; Will Push WhatsApp-Enabled Remittances for Latinos
US fintech Félix Pago raised US$15.5 million in its latest funding round, bolstering its recent launch of a WhatsApp-enabled payment system which allows latino workers in the US to send money back to …
Tax Management NZ appoints CEO
Kiwi fintech entrepreneur Matt Edwards has returned to his homeland to take up the helm of the tax pooling company, Tax Management New Zealand (TMNZ), as chief executive. Edwards left New Zealand 15 …
10 best family restaurants in Dubai to suit everyone
The best family restaurants in Dubai are great for lunches with kids or dinners to treat your teens, not to mention the ideal hangouts for mum and dad looking for a great feed and chilled-out drink, …
Sebi notice to PB Fintech’s Yashish Dahiya over $2 million Dubai investment
Market regulator Sebi has issued a Show Cause Notice to Yashish Dahiya, Chairperson and CEO of PB Fintech over a Dubai investment made in 2022, a regulatory filing by the company said on June 6. The …
FNZ ‘just scratching the surface’ of growth potential
In an exclusive interview with NBR the fintech’s managing director Adrian Durham looks past the costs of its expansion strategy. Adrian Durham, managing director of ambitious fintech FNZ, has his eyes …
A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to …
1 Fintech Stock to Buy Hand Over Fist and 1 to Avoid
Many fintech stocks have performed incredibly well in recent years. At times, Block and PayPal shares have doubled or tripled in price. One stock is a clear buy today. The other is best left alone.
Pipeline talks underline Russia’s reliance on China as trade tensions intensify
The stalling of a gas pipeline deal from Russia to China has underlined how the war in Ukraine has left Moscow increasingly dependent on economic support from Beijing and cast further doubt on the …
Investment platform Sarwa fined $122,500 by Abu Dhabi Global Market regulator
Abu Dhabi Global Market’s financial regulator has fined investment platform Sarwa Digital Wealth (Capital) $122,500 for breaching rules on offering securities. The penalty was levied after Sarwa was …
Lobbying World: Fintech trade association snags bank group lobbyist
Sarah Mamula is joining the Financial Technology Association as head of government affairs. Mamula joins the fintech trade association from the Bank Policy Institute, where she was vice president …
Saudi startups manage to take lead in MENA funding space
Saudi Arabia’s startup ecosystem has affirmed its leading position in the funding space, capturing over 53 percent of the region’s venture debt financin …
Astra Tech patents first-ever palm pay technology
At Dubai Fintech Summit, Astra Tech, a leading consumer technology holding group in the MENA region, announced the launch of Palm Pay through its CBUAE-licensed fintech subsidiary PayBy, which holds …