Tag: Fintech

The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.

London-headquartered RegTech firm SteelEye is eying development across North America following two strong funding rounds last year.

Reward-based debit card startup Point has closed a $46.5m Series B funding round that was led by the Peter Thiel-owned Valar Ventures.

Cyberport has reached the next application stage for its FinTech Proof-of-Concept Subsidy Scheme, which could see companies given a total of HK 10m ($1.28m) in grants.

FinTech Requr has raised $5m in growth capital from a group of undisclosed investors to expand its software-as-a-service (SaaS) platform.

German firm Taktile has reeled in $4.7m from a seed funding round led by Index Ventures.

UK challenger bank Atom Bank reportedly experienced an operating loss of ?36m in the financial year ending March 2021, down from ?46m in the previous year.

Sustainable FinTech platform Aspiration is set to go public through a $2.3bn merger with special purpose acquisition company InterPrivate III Financial Partners.

US firm Klover has raised $60m from a Series A funding round led by Mercato Partners Traverse Fund.

UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.