BankingBusiness

CBD & Demica: Win innovation award for Bank-Fintech Partnership

  • CBD one of the leading banks in the UAE and Demica one of the world’s largest working capital fintechs
  • CBD & Demica have won the IBSI Award for the Most Innovative Project for Bank-Fintech Partnership
  • This award recognises the creativity and collaboration from both organisations to deploy a new product for the bank
  • Through this partnership, CBD able to deploy both Buyer and Seller Led Supply Chain Finance solutions
  • As one of the largest banks in the UAE, CBD represents a key partner for Demica, enabling asset deployment across the large corporate
  • Demica views the Middle East region as a significant growth opportunity as the asset class continues to gain traction
Previous article
Emerge: Announces Final Annual Distributions for Emerge ARK ETFs
Next article
Albo: Raised $45 million in a Series B funding round
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing. Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...
FinTech

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users. Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime. Highlights: FCA partners with Turing Institute to combat money...
FinTech

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions. Highlights: Spektr raises $20 million to enhance its AI...