Company News

myZoi has raised $14m and obtained two regulatory licenses from the Central Bank of the UAE, as it looks to bolster financial inclusion across the UAE.

Dubai's largest lender Emirates NBD has made an equity investment in trade finance and treasury network Komgo.

iMin Technology has secured $5m in Series Pre-A funding round, as the demand for digital commercial devices like point-of-sale terminals, industrial scanners, and self-service kiosks continues to rise globally.

Milepost Insurance Agency has become part of the Truckstop Partner Marketplace, in a collaboration set to offer reliable and comprehensive insurance coverage to independent truck owner-operators.

North American Bancard (NAB) has received the Sustainability Leadership Award from the Business Intelligence Group in its 2023 Sustainability Awards programme. 

Goldman Sachs’ proposed sale of FinTech lender GreenSky is reportedly entering its final stages, with bidders asked to place their best and final offers.

Artificial Intelligence (AI) start-up Hugging Face has secured $235m in a Series D funding round, that featured numerous tech giants.

Twilio Inc. has revealed that it is bolstering its customer engagement by infusing it with artificial intelligence.

Silicon Valley Bank (SVB) has announced a shake-up of its leadership team, with the appointment of a new Head of Global Payments, and a new Head of Global Digital Solutions.

The digital transformation of KYC activity has offered asset managers create more efficient onboarding processes in a market with increasing demands to manage risk.