Tag: Middle East
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,...
Arab Financial Services lands $50m investment
Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts.
Headquarters and Presence:...
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...
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...
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...
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...
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...
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Here are the key points regarding Pagaya Technologies' acquisition of Theorem Technology:Acquisition Overview:US-Israeli fintech Pagaya Technologies has...
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
Partnership Announcement: Kuwait-based Boubyan Bank has selected Swiss banking technology vendor Temenos to modernize its core banking systems.
...
Bux sells UK subsidiary Bux Financial Services Limited to UAE’s Asseta Holding
Summary of Bux Holding's Sale of Bux Financial Services Limited (BFS)Entities Involved:Seller: Bux Holding (Netherlands-based).
Buyer: Asseta...
Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
Summary of Jordan Kuwait Bank's Launch of eliWalletEntities Involved:Jordan Kuwait Bank (JKB)
Mastercard
FOO (UAE-based fintech)Product...
Daiwa Capital Markets Europe selects Delta Capita for CLM solution
Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key PointsPartnership Announcement:DCME has...