tabby has announced that it has raised Series A financing of $23m in debt and equity led by Arbor Ventures and Mubadala Capital, with participation from STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and Arab Bank. This funding will fuel the company’s next stage of growth, […]

To accelerate the pace of digitization in Pakistan and make the transition to cashless payments swift for customers, UPaisa has launched a new mobile application. With a simple and user-friendly interface, the UPaisa app allows its users to avail themselves of multiple financial services through one platform.  The UPaisa app focuses on simplicity and enables […]

The Monetary Authority of Singapore (MAS) and the Magyar Nemzeti Bank (MNB)  signed a Co-operation Agreement (CA) to strengthen cooperation in FinTech innovation between Singapore and Hungary. The CA sets out a framework for fintech collaboration between both countries. It will put in place a referral mechanism to help fintech firms access each other’s markets. […]

Dubai International Financial Centre, global financial center in the Middle East, Africa and South Asia (MEASA) region, has granted a financial services license to Ebury. Ebury has become the first company to be granted such a license to engage in money services under the Dubai Financial Services Authority’s (DFSA) comprehensive Money Services Regime. With the license […]

Path Solutions, the global Islamic banking software company, announced it has been awarded ‘Best Islamic Fintech Solution Provider’, whereas Mohammed Kateeb, the company’s Group Chairman & CEO won the ‘Islamic Fintech Leader Of The Year’ award of the FINTECH Prize 2020. Kateeb is an industry veteran with over 30 years of experience having served in various […]

finleap  welcomes a new addition to its portfolio – The company “deineStudienfinanzierung” becomes part of the finleap family through investment. The platform enables all students to study without financial worries. The platform aggregates the largest financing products – from long-term to daily needs – for studies. University students can determine their individual entitlement to options such as […]

Scotiabank has launched a new Global AI Platform that provides customers with intelligent and personalized financial advice. The platform is enabling the Bank to provide fast, relevant advice by anticipating and understanding customers’ needs. It is being used to operationalize several customer models into its retail banking businesses across the Americas. The platform’s compute power enables […]

Fintech Saudi has announced the third annual Fintech Tour to be held from 29 November – 10 December 2020. Fintech Tour is the region’s largest cluster of fintech events. The Tour consists of free lectures, panel discussions and workshops in Arabic and English on fintech related topics that are led by local and international experts […]

The Central Bank of the UAE has announced the launch of the CBUAE FinTech Office during FinTech Abu Dhabi 2020, Which aims to develop a mature FinTech ecosystem within the UAE and position the nation as a foremost FinTech hub regionally and globally. The CBUAE FinTech Office will be working hand in hand with the […]

Singapore-based fintech company, Lightnet Pte. Ltd. (Lightnet Group), has announced a partnership with Siam Commercial Bank (SCB). The partnership makes remittance services accessible to all Thai bank accounts and anyone who has signed up for PromptPay, a government-sponsored service that enables instant bank-to-bank fund transfers. Suvicha Sudchai, Chief Product Officer of Lightnet Group says, “SCB will be […]