The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to …
1 Fintech Stock to Buy Hand Over Fist and 1 to Avoid
Many fintech stocks have performed incredibly well in recent years. At times, Block and PayPal shares have doubled or tripled in price. One stock is a clear buy today. The other is best left alone.
Pipeline talks underline Russia’s reliance on China as trade tensions intensify
The stalling of a gas pipeline deal from Russia to China has underlined how the war in Ukraine has left Moscow increasingly dependent on economic support from Beijing and cast further doubt on the …
Investment platform Sarwa fined $122,500 by Abu Dhabi Global Market regulator
Abu Dhabi Global Market’s financial regulator has fined investment platform Sarwa Digital Wealth (Capital) $122,500 for breaching rules on offering securities. The penalty was levied after Sarwa was …
Lobbying World: Fintech trade association snags bank group lobbyist
Sarah Mamula is joining the Financial Technology Association as head of government affairs. Mamula joins the fintech trade association from the Bank Policy Institute, where she was vice president …
Saudi startups manage to take lead in MENA funding space
Saudi Arabia’s startup ecosystem has affirmed its leading position in the funding space, capturing over 53 percent of the region’s venture debt financin …
Astra Tech patents first-ever palm pay technology
At Dubai Fintech Summit, Astra Tech, a leading consumer technology holding group in the MENA region, announced the launch of Palm Pay through its CBUAE-licensed fintech subsidiary PayBy, which holds …
How Fintech Is Driving Change And Five Benefits For Consumers
In recent years, the world of finance has undergone a significant transformation thanks to the rise of Financial Technology, or Fintech. Fintech refers to the innovative use of technology to …
The Biggest Fintech Trends In The Next 10 Years
One thing we can count on is that over the next 10 years, we will continue to live increasingly online, connected lives. We will spend more time in virtual worlds and environments, and these places …
Slingshot raises $2.2 million to provide financial services to artists
Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than …
Altron FinTech partners with Absa for the supply of smart point of sale payment terminals that help merchants grow their businesses
Click here for more information about Altron FinTech. Absa, one of South Africa’s largest banks, has long been partnering with SMEs to solve their pain points and, through innovation …
Cashfree Payments Appoints Harsh Gupta as the Chief Revenue Officer
Cashfree Payments, India’s leading payments and API banking solutions company, announced the appointment of Harsh Gupta as its Chief Revenue Officer.
Saudi startups take lead in MENA funding space
CAIRO: Saudi Arabia’s startup ecosystem has affirmed its leading position in the funding space, capturing over 53 percent of the region’s venture debt financing in 2023, according to MAGNiTT’s latest …
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
For three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, CEO and co-founder Adam Moelis told CNBC. The disruption, caused by a dispute …
50 free things to do in Dubai in June
City life can come at a cost, but, believe it or not, there are loads of free things to do in Dubai. Whether you’re after a free touristy day out, getting back to nature gratis or sightseeing for nada …
16 unmissable things to do in Dubai this weekend
Whether you want to dance the night away under the stars at Surf Club, or take the little ones on a family day out to Dubai Safari Park – now is the time. If you’re looking for ways to keep cool while …
10 Essential Tips for Starting Your Savings Journey with Fintech Tools
Managing finances has become more accessible and efficient thanks to fintech tools. These innovations offer a plethora of options to help individuals save money, track expenses, and achieve financial …