Tag: financial technology

The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.

Lenovo, a leading global technology company, has unveiled its new Open Banking checkout service for customers in the UK and Europe.

Napier AI has responded to a consultation from HM Treasury, the UK government's economic and finance ministry, on enhancing the effectiveness of the Money...

Marqeta, the Nasdaq-listed modern card issuing platform renowned for enabling embedded finance solutions, has announced a strategic partnership with the new customer Swiss4.

GXS Bank, a prominent digital banking entity, has reportedly received a S$229.5m ($169m) capital injection from notable backers Singtel and Grab, according to a report from Tech in Asia. 

Simply Asset Finance, a business lending provider based in the UK, has inked a significant financial agreement with Bank of America.

Hero, the Paris-based FinTech startup, has recently bolstered its financial reserves with €11.3m in funding. The latest investment was spearheaded by Valar Ventures in an all-equity financing round.

Indonesian microfinance technology company, Amartha, has received a $17.5m equity investment from the Accion Digital Transformation Fund.

Kapitus, a leading provider of financing for small and medium-sized businesses, has announced the closing of a $45m investment-grade corporate note financing.

Zilch, the world’s first ad-subsidised payments network (ASPN), has announced a significant £100m securitised debt financing deal arranged by Deutsche Bank.