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Category: FINTECH

Posted on 07/06/2024

10 best family restaurants in Dubai to suit everyone

The best family restaurants in Dubai are great for lunches with kids or dinners to treat your teens, not to mention the ideal hangouts for mum and dad looking for a great feed and chilled-out drink, …

Posted on 06/06/2024

Sebi notice to PB Fintech’s Yashish Dahiya over $2 million Dubai investment

Market regulator Sebi has issued a Show Cause Notice to Yashish Dahiya, Chairperson and CEO of PB Fintech over a Dubai investment made in 2022, a regulatory filing by the company said on June 6. The …

Posted on 06/06/2024

FNZ ‘just scratching the surface’ of growth potential

In an exclusive interview with NBR the fintech’s managing director Adrian Durham looks past the costs of its expansion strategy. Adrian Durham, managing director of ambitious fintech FNZ, has his eyes …

Posted on 04/06/2024

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

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 …

Posted on 04/06/2024

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.

Posted on 04/06/2024

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 …

Posted on 04/06/2024

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 …

Posted on 04/06/2024

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 …

Posted on 03/06/2024

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 …

Posted on 03/06/2024

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 …

Posted on 03/06/2024

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 …

Posted on 03/06/2024

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 …

Posted on 03/06/2024

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 …

Posted on 03/06/2024

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 …

Posted on 03/06/2024

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.

Posted on 02/06/2024

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 …

Posted on 02/06/2024

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 …

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