Tag: Economic Growth

How the UAE’s exit from the FATF grey list boosts international...

The United Arab Emirates (UAE) has made significant strides in its anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks.

Instant Factoring IFN enhances lending in Romania with €1m EIF investment

Instant Factoring IFN, a pioneering Romanian FinTech firm, has recently secured a significant financial boost.

High interest rates cause Lending Tech seed deal activity to almost...

Key Global Lending Tech seed investment stats in Q1 2024: • Lending Tech seed deal activity reached 46 funding rounds in Q1 2024, a 49%...

PayU injects $5m into BRISKPE, boosting India’s cross-border payment capabilities

BRISKPE, a Mumbai-based cross-border payments platform, has successfully secured a $5m seed investment from FinTech giant PayU.

Blair Institute urges Labour to embrace FinTech for economic growth

The Tony Blair Institute for Global Change has called on the Labour Party to leverage the FinTech sector as a catalyst for economic growth, opportunity, and inclusivity across the UK, should it emerge victorious in the upcoming UK general election.

Worth AI launches innovative AI platform to transform business credit scoring

Worth AI, a pioneering FinTech Software as a Service (SaaS) startup, officially announced the launch of its groundbreaking artificial intelligence (AI)-powered risk management and underwriting platform today.

Phalanx AI secures Catalyst Grant to bolster cybersecurity innovation

Phalanx AI, a pioneering cybersecurity company, has been honoured with the Catalyst Grant from the Arlington Innovation Fund (AIF), a recognition facilitated by Arlington Economic Development (AED).

Liberis raises $112m in strategic funding to scale up in Europe...

Liberis, a trailblazer in embedded business finance, has recently made headlines by securing a substantial $112 million in debt financing. This significant financial boost comes courtesy of HSBC Innovation Banking and BCI Capital, marking a major step forward in the company's expansion strategy.

Retail Trading apps downloads in the UK more than double in...

Retail trading apps in the UK have become increasingly popular in the past seven years. Total combined downloads reached 15.1m as of September 2023....

Uzum pledges $300m investment in Uzbekistan’s digital economy

Uzum, alongside prominent international investors, has set its sights on a substantial $300 million investment to fuel the growth of Uzbekistan's burgeoning digital economy.

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