Tag: Middle East

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.

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

ThoughtLab conducted a global survey from September to November 2023, engaging 2,000 investors from diverse backgrounds in terms of wealth, age, gender, and location....