FinTech LIVE London Global Summit 2025 has announced SaaScada, financial services cloud and data provider, as its newest sponsor. Financial inclusion has never been more critical, firms within the industry are leveraging digital tools and data-driven solutions to deliver services. In many cases, technology is the catalyst for offering these services more affordably and conveniently…
Emirates NBD and Mashreq Bank have made a strategic investment in NewBridge Fintech Solutions, the owner of UAE-based fintech platform LoanBook. LoanBook offers a centralised marketplace digitising the syndicated loan and private credit markets. The investment will be used to scale up the platform and make it easier for market participants to access global loan…
One of the top qualifiers from the second edition of the “FinTech Got Talent” competition, organized by “FinTech Egypt”—an initiative by the Central Bank of Egypt (CBE)—has secured first place at the “Arab FinTech Challenge” for the second consecutive year. The competition took place in Dubai as part of the “GITEX North Star 2024” exhibition….
Commercial Bank International (CBI), leading UAE bank, has announced a strategic partnership with areeba, a global payment infrastructure provider, to become the first UAE bank to offer areeba’s comprehensive card and payment solutions to fintechs across the country. The partnership aims to empower UAE fintechs with scalable, secure card management capabilities and accelerate the growth…
Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech. Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes…
Klarna AI has announced its partnership with global fintech company unlimit, in order to launch a financial solutions specifically designed for women across the EU. Following this announcement, the partnership is expected to focus on launching a financial solution specifically tailored for the needs of women across the region of the European Union. In addition, both…
EdfaPay, a Riyadh-based FinTech platform redefining digital payments for small and medium-sized enterprises (SMEs) across the MENA region, has announced the successful closure of its $5m pre-Series A funding round. The funding was led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment. EdfaPay provides a comprehensive suite of financial tools tailored…
Amundi one of the largest asset managers in Europe with €2 trillion in AUM, has acquired Aixigo, a digital financial consulting software provider based in Aachen, Germany, for €149 million. The transaction will see Aixigo’s API-based wealth management platform and 150 team members join the Paris-headquartered asset manager’s Amundi Technology business. Aixigo’s platform, Aixigo:BLOXX, currently…
Arc Intelligence, a capital markets and cash management platform has launched an AI platform to automate complex financial tasks for the private credit industry. Arc Intelligence is first launching the AI Private Credit Analyst to help investors generate detailed credit memos using unstructured financial data. Don Muir, chief executive and founder of Arc said: “Artificial…
Egypt’s Financial Regulatory Authority (FRA), emphasized its commitment to accelerating digital transformation in Egypt’s non-banking financial sector. Speaking at the Cairo ICT Exhibition and Conference, Mohamed Farid, Chairperson of FRA highlighted the authority’s efforts. The authority’s main goal is to create a supportive regulatory environment for fintech innovation. Farid announced the launch of the FRA’s…
