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Category: FINTECH

Posted on 20/02/2024

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 …

Posted on 18/02/2024

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 …

Posted on 16/02/2024

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 …

Posted on 16/02/2024

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 …

Posted on 15/02/2024

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 …

Posted on 15/02/2024

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 …

Posted on 15/02/2024

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 …

Posted on 15/02/2024

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.

Posted on 14/02/2024

32 mega plans for Dubai in 2024: everything you need to know

Like all new beginnings, the city is brimming with possibility. The Dubai events calendar for 2024 is already shaping up with heaps of mega events, gigs and new venues. If you’re making plans, these …

Posted on 14/02/2024

For Investors, Boeing’s Not Flying In The Right Direction

Boeing, like any commercial aerospace company, must have a reputation for safety and reliability. Unfortunately, it’s falling short.

Posted on 13/02/2024

India and the UAE boast a flourishing FinTech relationship

India and the UAE boast a flourishing FinTech relationship, driven by various factors like: 1- Strong bilateral ties: Both countries share close political and economic ties, establishing a foundation …

Posted on 13/02/2024

New IFSCA rules: Fintech firms now need separate licence to offer payment services in Gift City

The Gift City regulator has come up with new rules for payment service providers (PSPs) to regulate cross-border money transfers, account issuance, merchant acquisition, e-money and escrow services …

Posted on 13/02/2024

Here are the fintech startups that could go public in 2024

Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. “Many sizable companies are now filing or considering going public …

Posted on 12/02/2024

RBI Says No Review Of Action Against Paytm Payments Bank

Governor Das noted that the RBI remained supportive of the fintech sector, however, it was also ‘committed to protect the interest of customers as well as ensure financial stability’ …

Posted on 12/02/2024

Modi, UAE President to discuss energy, ports, digital infra, capital flows in bilateral meet

Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan, in their bilateral meeting on Tuesday, are expected to take up strengthening of ties in a number of economic areas …

Posted on 12/02/2024

Rising Fintech LoanStar Secures US$28m in Growth Equity

Founded by Andy Turner and Craig Haynes in 2015, LoanStar Technologies stands out as a pioneering force in banking technology, focusing on embedded lending …

Posted on 11/02/2024

Why Rally Cap VC, a fintech investor for emerging markets, is launching a $5M climate fund spinoff

This scenario reflects events of the fintech boom, only this time, climate tech is the trendy investment opportunity now. Over the last three years, climate tech has tailed fintech as Africa’s …

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