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Zand Bank Partners with Alibaba Cloud and Ant Digital to Boost AI and Fintech Services in UAE

Dubai's digital challenger Zand Bank has partnered with Alibaba Cloud and Ant Digital Technologies to advance generative AI, blockchain, and payment technologies for...

Arab Financial Services lands $50m investment

Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts. Headquarters and Presence: Headquartered in Bahrain, with additional...

ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI

Abhi Secures $15 MillionLocation: UAE Funding: $15 million in credit financing Led by: Shorooq Partners and Amplify Growth Partnership Founded: 2021 in Pakistan ...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has partnered with Pagaya Technologies, a US-Israeli fintech, to acquire the intellectual property (IP) of defunct...

Singapore Gulf Bank strengthens C-Suite ahead of launch

Ali AlShamma has been appointed as Chief Financial Officer (CFO) of SGB. He previously served as CFO for Goldman Sachs and Citigroup in...

Paymob secures $22m Series B extension to continue GCC roll-out

Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by EBRD VC (European Bank for...

Chaos Labs lands $55 million Series A led by Haun Ventures

Funding Secured: Chaos Labs, a blockchain risk management platform, has raised $55 million in a Series A funding round led by Haun Ventures. ...

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