Business

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic digital bank.The platform aims to blend technology with Islamic finance principles.This...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...

HSBC Strengthens Legal Operations with AI Platform Pilot

The bank explores innovative solutions to enhance its legal workflows.Highlights: HSBC launches a pilot for an AI platform...

Argentinian Payments Player Pomelo Raises $55M, Boosting Fintech Potential

Funding aims to enhance payment solutions in Latin America.Highlights: Pomelo raises $55 million in a new funding round.Investment...
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Intel: Investing $253.5 million in India’s Reliance Jio Platforms

Intel: Investing $253.5 million in India’s Reliance Jio PlatformsIntel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster...

Bank of America: Partnership With iHeartMedia

Bank of America: Partnership With iHeartMediaPartnership With iHeartMedia to Bring First-of-Its-Kind National Audio News Service to the Black Community Black Information Network the...

Rabo Frontier Ventures: Partners with HV Holtzbrinck Ventures

Rabo Frontier Ventures: Partners with HV Holtzbrinck VenturesRFV is a €150 million investment fund of Rabobank, focusing globally on innovative Fintech and Agtech...

FSB: Statement on the impact of COVID-19 on global benchmark reform

FSB: Statement on the impact of COVID-19 on global benchmark reformThe Financial Stability Board (FSB) has discussed the impact of COVID-19 on global...

Envestors: Raises £2M in Funding

Envestors: Raises £2M in FundingEnvestors, a digital marketplace to connect UK startups and investors, raised £2M in funding The company intends to use...

Walmart: Partners with Tribeca

Walmart: Partners with TribecaWalmart partners with Tribeca to turn 160 store parking lots into drive-in theaters Just ahead of the Fourth of July...

TransferWise: Plugs two Swiss banks into API

TransferWise: Plugs two Swiss banks into APIEnabling financial institutions the ability to surface best in class international transfer experience within their banking app ...

Cloud9 Technologies: Raises Another $17.5M

Cloud9 Technologies: Raises Another $17.5MRaises Another $17.5M to Bring Voice Conversations to the Forefront for Institutional Traders For the first time in history,...

Allfunds: Appoints Bruno Piffeteau as Country Head of France

Allfunds: Appoints Bruno Piffeteau as Country Head of FranceAllfunds, the world's leading wealthtech and fund distribution provider, has reinforced its Paris team by...
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