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ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank

Nearpay's Series A Funding:Saudi fintech Nearpay secures $14 million in Series A funding. Sanabil Investments leads the funding round, with participation from...

Saudi business lending marketplace Lendo gears up for IPO with $28m Series B

Funding Round Success: Lendo, a Saudi-based business lending marketplace, has secured $28 million in a Series B funding round led by Sanabil Investments,...

Saudi Awwal Bank taps Mastercard to fight financial crime with AI

Partnership Expansion: Saudi Awwal Bank (SAB) expands partnership with Mastercard to enhance its financial risk assessment using AI. Technology Adoption: SAB is adopting...

Saudi fintech Hala names former Revolut exec Saleem Arshad as CTO

Saudi Arabian fintech Hala appoints Saleem Arshad as its new CTO. Arshad's experience and knowledge will drive Hala's expansion plans in the UK...

New digital bank JB to launch in Saudi Arabia

Mike Cunningham announces the launch of JB, a new digital bank, in Saudi Arabia, promising a user-friendly experience. FactsJB, described as a "digital leasing...

Saudi Awwal Bank taps Wise for international money transfers

Saudi Awwal Bank (SAB) has teamed up with UK fintech Wise to offer its customers fast and secure international remittance services, aligning with Saudi...

Saudi Arabia’s HyperPay acquires fintech start-up Sanad Cash

📰 HyperPay, the largest payment services provider in the MENA region, has acquired Saudi fintech start-up Sanad Cash to expand its product offerings and...

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