Sav, a UAE-based Fintech, has secured in-principle approval for a Category 4 license from the Dubai Financial Services Authority (DFSA), positioning the …
Two banks explain why they are going the BaaS ‘middleware’ route
Lincoln Savings Bank and Vantage Bank are two new clients of banking-as-a-service provider Unit. They say it improves their ability to ‘go direct’ rather than hinder it.
The 60 best things to do indoors in Dubai
Instead, you should be turning to the incredible indoor offerings Dubai has ready for the summer months, and believe us, there’s a lot. Summer doesn’t have to be staring longingly out the window — …
Signal messenger blocked in Russia, says Roskomnadzor -Ifax
Russia’s state communications watchdog Roskomnadzor said that Signal, an encrypted messaging app, had been blocked in the country for violating laws linked to anti-terrorist operations, Interfax news …
85 of the most promising startups of 2024, according to top VCs
Leading VCs name the most promising US startups in 2024, with AI, data infrastructure, and security dominating the list of emerging companies.
Fed’s Operation Choke Point 2.0 Continues With Action Against Customers Bank
Custodia Bank founder Caitlin Long dismissed the White House meeting with crypto leaders as ineffective and criticized Operation Choke Point.
Crypto Industry Leaders Hammer Unfair Treatment Under Biden as Democrats Attempt to Repair Relationship: Report
The Democrat party’s initial outreach to repair its broken relationship with the crypto industry has not gone very well, according to a report. Fox News says …
Saudi Banks Team up with Beehive to Create New Lending Platform
The Kingdom’s Social Development Bank and Gulf International Bank (GIB) have teamed up with fintech company Beehive to offer firms funding between SR100,000 ($27,000) and SR3 million.
Home-grown fintech closer to gaining UAE licence
Sav, a UAE-born fintech, received an in-principle approval for a Category 4 licence from the Dubai Financial Services Authority (DFSA). This key milestone will enable Sav to provide consumers with …
Sav receives in-principle approval for Category 4 license in the UAE
“We are delighted to receive this in-principle approval,” said Purvi Munot, CEO of Sav. “Many of the UAE’s mass-affluent grapple with fragmented finances spread across multiple platforms, leading to …
Ripple shifts focus to Dubai’s DIFC for XRP expansion as SEC lawsuit ends
Ripple Labs, the blockchain pioneer that has finally overcome the SEC v. Ripple debacle, is partnering with Dubai’s DIFC innovation hub to accelerate blockchain and digital asset development in the …
Standard Chartered invests in United Fintech
United Fintech provides access to an extensive range of products from five capital markets software companies: Athena, CobaltFX, FairXchange, Netdania, and TTMzero.
Ripple shifts focus to Dubai’s DIFC for XRP expansion as SEC lawsuit ends
Ripple Labs, the blockchain pioneer that has finally overcome the SEC v. Ripple debacle, is partnering with Dubai’s DIFC innovation hub to accelerate blockchain and digital asset development in the …
Standard Chartered invests in United Fintech
United Fintech provides access to an extensive range of products from five capital markets software companies: Athena, CobaltFX, FairXchange, Netdania, and TTMzero.
Ziina secures UAE Central Bank SVF licence
This will enable Ziina to rapidly expand its range of specialised financial services and reinforcing its position as one of the only privately-owned fintech in the UAE with such authorisation …
Brokerage Outages Highlight Vulnerabilities in the Infrastructure of Online Trading Platforms
The recent outages at brokers have revealed a deep vulnerability in the digital backbone of the financial industry, according to Kris Mullins, Chief Marketing Officer of Capital Max.
SoFi Technologies: A Fintech Superstar Available At A Deep Discount
SoFi Technologies demonstrates impressive revenue growth, outpacing projections for the fintech industry. Read why SOFI stock has a compelling potential upside.