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Category: FINTECH

Posted on 14/11/2024

Moneybox: Fintech’s valuation surges after reporting profit

This secondary share sale will allow the fintech’s roughly 35,000 investors to offload 10 per cent of their holding. Moneybox operates an app for wealth management that includes saving …

Posted on 14/11/2024

One Zero, the AI fintech started by the founder of Mobileye, is raising $100M, say sources

Now, one of these is raising money and gaining significant momentum. One Zero, a fintech aiming to use AI in retail banking services, is in the process of raising at least $100 million …

Posted on 14/11/2024

How to play the fintech sector: Affirm, SoFi

BTIG managing director Vincent Caintic joins Market Domination Hosts Julie Hyman and Josh Schafer to discuss what investors need to know about the fintech sector and macro-level factors like …

Posted on 14/11/2024

Mitsubishi Buys Into Top Philippine Fintech for $319 Million

Mitsubishi Corp. will pay 18.4 billion pesos ($319 million) to buy half of a Philippine company that owns a stake in the nation’s biggest fintech platform GCash. The Japanese conglomerate will …

Posted on 14/11/2024

SoFi Technologies, Inc. (SOFI): This Fintech Stock Is Riding the AI Wave Higher

We recently compiled a list of the 20 Fintech Stocks Riding the AI Wave Higher. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the other …

Posted on 14/11/2024

A payments startup hoping to take on Stripe and Square just raised $75 million with this pitch deck

Some of the industry’s biggest fintech investors just backed an up-and-coming payments startup challenging Stripe and Square. Finix, founded in 2016, lets other businesses accept, disburse …

Posted on 14/11/2024

Want To Work Remotely? Then You Need To Develop These Skills

Hard technical skills that are job-specific clearly matter in fintech, but increasingly, so do soft skills. These are the non-technical, interpersonal abilities that help you to work effectively with …

Posted on 14/11/2024

Pemo hits AED 1.4bln in transactions, secures $7mln in Pre-Series A led by Augmentum Fintech and Shorooq

Leading UAE fintech, Pemo secures $7 million USD in funding as international investors back its potential to revolutionise the spend management sector in the region …

Posted on 13/11/2024

Paymentology, Zand team up to spur fintech growth in UAE

Paymentology, a London-headquartered global card issuing and processing platform, has signed a referral partnership with Zand Bank, the first fully licensed, all-digital bank in the United Arab …

Posted on 13/11/2024

Félix Pago expands to Central America with support from Mastercard

Félix Pago, a Miami-based fintech startup that developed a chat-based platform using blockchain and artificial intelligence to enable Latino workers in the US to send money back to their families in …

Posted on 10/11/2024

Dubai’s Economy Expands 3.3% in Q2 as Key Sectors Surge

Dubai Dubai’s economy saw a notable growth of 3.3% in the second quarter of 2024, reaching a value of Dh116 billion ($31.58 billion), fueled by strong performance in key non-oil sectors like tourism, …

Posted on 09/11/2024

It’s finally Friday: 20 cool things to do in Dubai this weekend

Prepare yourselves, there’s a lot to fit into 48 short hours. This weekend Dubai is running on all engines and you’re about to be all over the city as you sprint from your morning yoga session to …

Posted on 08/11/2024

Fintech and the rise of collaboration rather than competition

For example, the Beehive fintech platform is an example of innovative peer-to-peer financing. Simply put, P2P financing uses fintech reaching hundreds or even thousands of potential investors and …

Posted on 08/11/2024

Fintechs need to be more proactive about regulatory compliance

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, …

Posted on 07/11/2024

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.” …

Posted on 07/11/2024

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 …

Posted on 07/11/2024

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, …

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