M&A activity in the financial services sector continued to decline in 2023, with both the number of deals and total transaction value down by more than 50% off 2021 highs, according to McKinsey’s …
Exclusive: Philanthropy-focused fintech Overflow raises $20M
Overflow, a startup enabling charitable and faith-based organizations to accept stock, and crypto donations, raised $20 million in Series B funding, the company tells Axios exclusively. Why it matters …
Former Cleveland County deputy accused of killing wife pleads not guilty, will head to trial
Former Cleveland County deputy accused of killing wife pleads not guilty, will head to trial Brian Johnson will reportedly join in a prominent role on the offense. Andy Reid played down the idea of …
E& Reports Record Consolidated Net Profit Of AED 10.3 Billion Growing 3% Year-Over-Year
e& life, a fintech leader, pledged sustainability with the MENA Fintech … Acquiring a majority stake in Beehive, e& enterprise entered the SME lending market while UAE Trade Connect (UTC) consortium …
SoFi Technologies: A High-Growth Fintech to Cautiously Observe
Investors are definitely investing in its disruption potential that is believed to be more technology-driven and younger demographic centric. However, an investment in SoFi might be a premature …
Sawari Ventures to launch $150 million fund to back Egyptian startups
Egypt-based venture capital (VC) firm Sawari Ventures intends to launch a $150 million fund to back Egyptian startups. According …
A forex fintech is putting an end to hidden fees – high street banks should take note
Millions of Brits face charges when sending money abroad – a new app committed to ‘radical transparency’ will change that, says Harsh Sinha.
Pawan Parakh on how he is hedging his portfolio in this bull market
Valuation concern persists. Hedging bets with strong earnings growth. Risk-reward opportunities in banking, pharma, tech. EMS sector, Dixon Tech, Amber Enterprises, Kaynes Technology, Syrmavery have …
Fils Partners with Telr to Drive Sustainability in Finance and Payments
Fils, a groundbreaking ESG-focused digital infrastructure fintech, has achieved another milestone in its mission to help more businesses measure and mitigate their environmental impact with a …
The Saudi Venture Capital Ecosystem Aggregated A Record-breaking $1.4Bn in Capital Deployed in 2023
According to the report published today by the venture data platform MAGNiTT, and sponsored by SVC … where the Saudi deals captured 77% of all MENA mega deals. Fintech was the highest sector in the …
Fintech firm Adyen slated to sublease Pinterest offices in SF’s SoMa
Dutch fintech firm Adyen is poised to sublease 130,000 square feet of offices in San Francisco’s SoMa. The Amsterdam-based financial technology company is close to signing a sublease from …
Arab Financial Services & Xpence team to fuel SME financial management in Bahrain
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
DIFC marks 20th anniversary with record-breaking 2023 performance
Demonstrating the growing global profile of DIFC’s innovation efforts, DIFC held its first Dubai FinTech Summit and welcomed over 5,000 attendees from across the world. Venture Capital raised by …
Morgan Stanley Thinks This Fintech Stock Has 95% Upside in 2024
Nu stock was recently listed as one of Morgan Stanley’s favorite stocks of 2024, with 95% potential upside based on analyst projections. Nu stock has proven it can grow rapidly over short periods of …
NY Federal Reserve Explains Why Consumers Use Buy Now Pay Later (BNPL)
The Federal Reserve Bank of New York has published a write-up on Buy Now Pay Later (BNPL) services explaining reviewing which consumers select this payment …
AFS enter strategic alliance with Xpence to innovate SME financial management in Bahrain
This partnership was ceremonially inked at the Fintech Revolution Summit in Bahrain on February 14, 2024, and underscores a shared commitment to providing SMEs in Bahrain with advanced, secure, and …
AFS, Xpence tie up for SME financial management in Bahrain
Arab Financial Services (AFS) has partnered with Xpence to revolutionise financial management for small and medium enterprises (SMEs) in Bahrain.