Dubai, United Arab Emirates – After signing an exclusive five-year deal with Visa to help UAE and KSA businesses go cashless, Alaan, the Middle East’s leading corporate card and spend management …
Fintech needs to grow up, and quick, to survive
The fintech startup funding ecosystem has changed significantly over the past 24 months, creating an entirely new rulebook for companies chasing investor capital. Plans to scale at all costs will …
Société Générale to sell its freelancer challenger bank Shine to Ageras
Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has …
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Pedro Franceschi will serve as sole CEO of fintech Brex while Henrique Dubugras becomes chairman of the board.
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Pedro Franceschi will serve as sole CEO of fintech Brex while Henrique Dubugras becomes chairman of the board.
UAE fintech GTN, Revolut deal will enable bond trading via super-app
The UAE fintech GTN has partnered with global financial firm Revolut to launch bond trading for customers in the European Economic Area (EEA) through the latter company’s super-app.
UAE fintech GTN, Revolut deal will enable bond trading via super-app
The UAE fintech GTN has partnered with global financial firm Revolut to launch bond trading for customers in the European Economic Area (EEA) through the latter company’s super-app.
Dubai crypto platform opens Bahrain office in GCC expansion drive
BitOasis, which recently reopened its Dubai platform, said on Thursday that it would open an office in Bahrain as part of its GCC expansion …
Fintech firm aims to grow loan portfolio to $2B in next 5 years
Financial technology firm Salmon Group Ltd. said on Wednesday it is eyeing a significant increase in its loan portfolio in the next three to five years. “What I can share is where we want to be in …
Shorooq Partners leads $5mln investment in Roamless, its first venture in Türkiye
Leading Middle East investment firm ventures into Türkiye’s tech scene with Roamless’s eSIM technology for travelers …
Green shoots for shadow bank players amid sector scrutiny
Shadow banking players could be the winners from the current sector scrutiny, providing growth opportunities against the established Australian-owned banks. Chapman Tripp’s latest report, out this …
ADIB, DIFC Innovation Hub to drive regional fintech growth
Abu Dhabi Islamic Bank (ADIB) announced a strategic collaboration with DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, Africa and South Asia …
Stockify Fintech Expands Operations, Targets USD 20 Million Revenue in 2024
India]/ Dubai [UAE], June 19: Stockify, a customer-oriented platform for unlisted or pre-IPO shares in India, announces the expansion of its operations with a new office in Kolkata, set to be …
ADIB and DIFC Innovation Hub forge strategic partnership to drive fintech growth in the region
The bank signed a strategic partnership agreement during the 2nd edition of Dubai FinTech Summit held on May 6-7 2024, at the Madinat Jumeirah, to participate as a “Principal Institution Partner” in …
Recommendations for Thriving in the FinTech Industry: Insights from Payrow
From early-stage strategies to overcoming regulatory hurdles and leveraging advanced technologies, how can FinTech companies stay ahead of the curve to succeed? We spoke with Aleksei Glukhov and …
Is Your Money Really Safe In An ‘FDIC-Insured’ Fintech Account?
So do fintech customers have any of the FDIC protection they thought … In December 2023, it announced new guidelines that require non-banks, including fintechs, to clearly disclose that they are not …
Building trust with fintech: The importance of clear terms and conditions
These guidelines mandate that all digital lenders, including fintech loan apps, must clearly communicate the interest rates, fees, and repayment terms to consumers before disbursing the loan. In …