Bahrain FinTech Bay, a FinTech hub for the Middle East and Africa, has opened and announced its founding partners and some of its startups.
On-demand health insurance platform Bind has reportedly closed a $60m funding round to support expansion in new markets.
Cloud-based insurance core platform developer Socotra has closed a strategic investment from USAA.
Qwikwire, a cross-border property management company, has closed an undisclosed round of funding.
Claims communication and payments company RedCard Holdings has received an investment from Parthenon Capital Partners.
Abu Dhabi Global Market (ADGM) is looking for applications for the third cohort of its Regulatory Laboratory (Reglab).
Israel-based P2P lender Blender has reportedly closed a $16m round comprised of debt and equity.
BankBridge, a Norwegian provider of PSD2 and open-banking solutions, has reportedly raised NOK17.8m (?1.84m).
London-based rented property marketplace Vesta has held ?2m first close for its seed round, to support product development Vesta told FinTech Global.
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