UAE-based venture capital firm VentureSouq has closed its second fintech fund (FinTech Fund II), after securing backing from a roster of sovereign and institutional investors across the region.
Prediction: This Artificial Intelligence (AI) Stock Will Beat Opendoor Technologies over the Next 3 Years
Opendoor stock has jumped more than 1,000% in the last three months. Upstart has a number of similarities to Opendoor. The fintech company has proven its model can work even in a high-interest-rate …
Tamara in talks to raise $1.4bn to refinance debt
Saudi Arabian buy-now, pay-later fintech startup Tamara is reportedly planning to raise at least $1.4 billion from a group of global lenders. The group includes Goldman Sachs, Citigroup, and Apollo …
London fintech eyes IPO as Klarna’s listing puts pressure on the City
UK card reader firm SumUp is weighing a stock market listing that could value it at up to $15bn (£11.04bn) – a move that could deliver a rare win for the London Stock Exchange, though the firm is also …
Tamara in talks to raise $1.4bn for debt financing
Saudi Arabian buy-now, pay-later fintech startup Tamara reportedly plans to raise at least $1.4 billion from a group of global lenders. The group includes Goldman Sachs, Citigroup, and Apollo Global …
Tamara in talks to raise $1.4bn for debt financing
Saudi Arabian buy-now, pay-later fintech startup Tamara reportedly plans to raise at least $1.4 billion from a group of global lenders. The group includes Goldman Sachs, Citigroup, and Apollo Global …
The 50 Hottest Fintech Startups
Despite the industry’s funding woes, some startups–particularly those serving others business—are thriving. Here’s the Forbes Fintech 50 for 2024. The past year has been painful for the financial …
Fintech’s New Frontier: Money20/20 Middle East Will Welcome Global Financial Innovators to Saudi Arabia This September
Money20/20 Middle East, which is being staged at the Riyadh Exhibition and Convention Center in Malham, September 15–17, will be the largest fintech gathering ever hosted in the region.
Fintech’s Female Factor: How Women Are Reshaping Finance In The KSA And Beyond
The ascension of Saudi Arabia’s fintech industry is a story of transformation. Under the sweeping ambitions of Vision 2030, the Kingdom has positioned itself as one of the fastest-growing hubs for …
20 Fintech Strategies To Balance Innovation And Compliance
Fintech leaders need strategies that embed compliance into the innovation process, improve collaboration across teams and strengthen engagement with regulators.
Fintech’s Female Factor: How Women Are Shaping An Evolving Industry In The MENA
The ascension of Saudi Arabia’s fintech industry is a story of transformation. Under the sweeping ambitions of Vision 2030, the Kingdom has positioned itself as one of the fastest-growing hubs for …
Wally’s, ‘Home of the Great American Road Trip,’ to open location in Independence
KANSAS CITY, Mo. — Wally’s, known to Midwesterners for its massive gas station locations, is set to expand to the Kansas City area and open a location in Independence, the company announced. The gas …
UAE fintech market poised to grow at 12% per year
Over the past year, the UAE market has surged to an estimated value of $3.56 billion, with projections suggesting it could reach $6.43 billion by 2030. This growth — driven by a compound annual rate …
Félix Pago and Mercado Pago México Join Forces to Transform Cross-Border Remittances for Latin American Families
Innovative partnership between Félix Pago and Mercado Pago México brings a seamless, secure, and cost-effective remittance solution to Latin families in the US. SAN FRANCISCO, CA / ACCESSWIRE / June …
Felix Capital closes $300M fund to double down on DTC, break into fintech and make late-stage deals
To kick off 2020, one of Europe’s newer — and more successful — investment firms has closed a fresh, oversubscribed fund, one sign that VC in the region will continue to run strong in the year ahead …
Klarna IPO: Stock Climbs 15% in Trading Debut
The fintech raised $1.37 billion from the sale. At the opening trade price of $52 a share, Klarna’s valuation would be $19.7 billion.
Fintech’s New Frontier: Money20/20 Middle East To Stage The Industry’s Largest Ever Gathering In The Region In Saudi Arabia
Saudi Arabia’s Vision 2030 has made fintech a national priority—and the Kingdom is pulling no punches to become a hub where capital, innovation, and policy meet.Fintech Saudi, a national platform crea …