Tag: Middle East

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

AI Laura M - November 14, 2024

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

Banking Laura M - October 27, 2024

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

AI Laura M - October 22, 2024

Abhi Secures $15 Million Location: UAE Funding: $15 million in credit financing Led by: Shorooq Partners and Amplify Growth...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

AI Laura M - October 15, 2024

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

Banking Laura M - October 3, 2024

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

Banking Laura M - September 13, 2024

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

Banking Laura M - August 20, 2024

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

AI Laura M - August 9, 2024

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

Banking Laura M - August 7, 2024

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

Banking Laura M - July 17, 2024

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

Banking Laura M - July 17, 2024

Summary of Jordan Kuwait Bank's Launch of eliWallet Entities Involved: Jordan Kuwait Bank (JKB) Mastercard FOO (UAE-based fintech) Product...

Daiwa Capital Markets Europe selects Delta Capita for CLM solution

Banking Laura M - July 12, 2024

Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key Points Partnership Announcement: DCME has...

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