Tag: financial technology

UAE’s digital leap: How regulatory sandboxes fuel AML compliance

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 partners with Trustly to introduce Open Banking at checkout across...

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

Napier AI’s call for smarter CDD practices in HM Treasury’s latest...

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...

Swiss4 leverages Marqeta’s tech to launch a unique financial application in...

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 secures S$229.5m in new funding from Singtel and Grab

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. 

Bank of America backs Simply Asset Finance with £120m to expand...

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

Hero’s fresh €11.3m funding to revolutionize SME banking operations

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 company Amartha secures $17.5m

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

Small business lender Kapitus secures $45m in corporate note financing

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

FinTech firm Zilch secures £100m funding from Deutsche Bank

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

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