Monzo Raises $190 Million
British neobank Monzo on Wednesday, May 8, announced that it had managed to raise investments for $190 million.
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Ant International to Expand to Saudi Arabia
The partnership with the Ministry of Investment of Saudi Arabia enables Ant International to expand its e-commerce and digital payment services across the Middle East.
Saudi Fintech Company Rasan to Sell 30% Stake in Riyadh IPO
Fintech company Rasan, which is based in Saudi Arabia, intends to sell 30% of its stake during the initial public offering (IPO) of shares in Riyadh.
Citi’s Chief Digital Officer Says About Significance of Mobile and Virtual Platforms
Michael Naggar, Citi’s director of digital technologies in the area of personal banking services in the United States, during a conversation with media representatives, shared his opinion on what it means to implement the digitalization process in the banking sector.
Saudi Arabian Startups to Watch in 2024
As we progress into the digital age, the startup ecosystem in Saudi Arabia is undergoing a swift and remarkable transformation. The year 2024 stands out as a particularly noteworthy period in this evolving landscape due to the emergence of an array of innovative companies that span a variety of sectors.
BlueSnap Reaches $10 Million Settlement With FTC
BlueSnap and its former CEO settled with the Federal Trade Commission (FTC) for knowingly processing payment transactions for deceptive and fraudulent companies.
Navigating the Digital Economy: Trends in Online Payment Systems
With the advancement of IT technology, online payments have become an integral part of Americans’ lives. It is now easy to buy coffee, transfer money, run an online business, or manage cryptocurrency portfolios — all available in a couple of clicks.
Wealth Management Startup Altruist Raises $169 Million
Wealth management startup Altruist has announced that it has managed to raise $169 million in investment funds.
Financial Longevity: Risks and Opportunities for Fintech
Is there anything better than to live long and prosper? If the first component of this equation is getting easier lately, having enough money to cover your retirement years is a great challenge nowadays. The studies of financial longevity reveal both risks and opportunities that financial institutions face as the worldwide average lifespan is continuously […]
Reliable Payment Gateways in Qatar 2025
In the digital era, secure and efficient payment gateways are crucial as they facilitate safe online transactions, a need amplified by pandemic-driven changes in consumer behavior. As e-commerce keeps growing, businesses must embrace reliable payment gateway technologies to meet customer demands.
Bank of England Urges UK Payment Companies to Upgrade Operational Resilience
Sasha Mills, executive director of Financial Market Infrastructure (FMI) at the Bank of England, said that much more needs to be done in the context of increasing cyberattack preparedness for companies that provide payment transaction services in the United Kingdom.
NatWest Issues First IP-Backed Loan to Sci-Net
The new High Growth IP Loan that Sci-Net secured from NatWest has been developed in cooperation with specialist IP evaluation company Inngot to help unlock the funding gap for high-growth firms.
Amazon Says Prime Delivery Speed Increases
Amazon has reported that its Prime deliveries are showing record-high speeds.
Norrsken22 Bets on Africa’s Fintech Boom
African technology companies and startups are becoming increasingly attractive to international investors, which is why ignoring them falls into the category of inappropriate and short-sighted decisions.
IFC Invests $7M in Philippine Fintech Salmon
IFC has joined a $25 million Series A extension round for the Philippine fintech firm Salmon Group Ltd to enable consumer fintech to develop new credit products and boost access to banking among the underserved.
Mobile Payments: Evolution & What’s Next Beyond Smartphones
In our fast-moving digital world, mobile payments have come a long way. But as we embrace the ease of smartphone payments, one question remains: what’s next? Here, we explore the cutting edge of payment innovation beyond screens, ushering in an era where our devices —even our clothes —might store our wallets. Dive into “the evolution […]
