Tag: Middle East

HSBC’s Swiss private bank is winding down relationships with more than 1,000 ultra-high-net-worth clients across the Middle East after classifying many of them as...

Cerby, a leading identity security automation platform, has raised $40m in a Series B funding round to fuel global expansion and product innovation.

As financial sectors globally face increased regulatory pressures, the fiscal footprint of maintaining compliance has surged dramatically. According to AscentAI, annually, regions including Asia-Pacific,...

Five years have passed since governments worldwide first imposed lockdowns to curb the Covid-19 outbreak, a crisis that deeply impacted global supply chains and reshaped risk management strategies.

Fincart.io, a platform aimed at helping e-commerce SMBs overcome shipping challenges and unlock working capital, has successfully closed its pre-seed funding round.

QPLIX, a WealthTech company specialising in wealth management software for family offices and private banks, has received a significant investment from tech-focused firm Partech via its Growth Fund.

M2P Fintech, the cornerstone of Asia's banking infrastructure, has recently secured a significant $102m in the first close of its Series D financing.

In an era marked by rapid technological advancements and significant socio-economic shifts, the global wealth management sector is undergoing a transformative phase.

A huge sum of $800bn to $2trn is laundered annually around the world, as per the United Nations Office on Drugs and Crime, accounting for 2-5% of global GDP.

South African FinTech, Omnisient, has recently secured a substantial $7.5m investment from Arise.