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Saudi Arabia's BNPL Start-up Tamara Secures $400M in Debt Financing

Tamara, the leading fintech platform to shop, pay, and bank in Saudi Arabia and the wider GCC region, has secured an additional up to $250 million in debt financing, bringing its total warehouse facility to up to $400 million. The facility consists of an incremental up to $200 million of senior debt arranged by Goldman Sachs, bringing the total senior warehouse facility to up to $350 million, plus a further up to $50 million mezzanine tranche led by Shorooq Partners.

Wednesday, November 15, 2023 - 13:01
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Financial IT
Monta Vista Capital Announces a New $48 Million Seed Fund

Monta Vista Capital, a leading seed-stage venture capital firm in Silicon Valley for transformative B2B startups, announced the launch of its third and largest fund.

Wednesday, November 15, 2023 - 12:44
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Financial IT
Eventus Wins Best Market & Trade Surveillance Solution for Digital Assets in Regulation Asia Awards for Excellence 2023

Eventus, a leading global provider of state-of-the-art, at-scale trade surveillance software across all lines of defense, today announced that the firm has won the award for Best Market & Trade Surveillance Solution in the Digital Assets category in the Regulation Asia Awards for Excellence 2023. The awards were announced at a ceremony in Singapore last night.

Wednesday, November 15, 2023 - 12:28
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Financial IT
PayPoint Hits 1,500+ Retailer Sign-Ups for Park Christmas Savings

With only two weeks to go until the Park Christmas Savings season hits the peak for savers to start getting ready for Christmas 2024, PayPoint today announces that more than 1,500 members of the Federation of Independent Retailers (the Fed) have signed up to become PayPoint Park Super Agents, boosting their earning potential by over £1,000 per year.

Wednesday, November 15, 2023 - 11:36
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Financial IT
Forbes Cyprus Unveils Stellar Lineup of Speakers for The Future of Fintech Summit

Forbes Cyprus is thrilled to announce the latest additions to the distinguished lineup of speakers for The Future of Fintech Summit, a premier global offline event powered by payabl. on Decem

Wednesday, November 15, 2023 - 11:25
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Financial IT
Technology Remains the Key Delta in the Race for Cross-border Payments Domination, Reports The Payments Association
The Payments Association, which celebrates innovation and collaboration across the payments industry, has released a new 
Wednesday, November 15, 2023 - 11:17
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Financial IT
Redpin Launches Following £140M Backing from Blackstone to Revolutionise Payments and Embedded Software Across the International Property Market

Redpin Holdings Limited - owner of leading global digital international payment services to private clients and SMEs Currencies Direct and TorFX – launches as it implements a new strategy to become the market leader in embedded software and payments for residential property.

Wednesday, November 15, 2023 - 10:53
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Financial IT
FICO Research: UK Consumers at Greater Risk from APP Fraud — But Many Ignore the Danger

New research by FICO suggests that Authorised Push Payment fraud — when someone is tricked into sending money from their bank account to a fraudster — is not being taken seriously by UK consumers. The new data also suggests one of the most vulnerable sections of society — the 65+ age group — is the least worried by this form of financial fraud.

Wednesday, November 15, 2023 - 10:37
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Financial IT
2023 Appian International Partner Award Winners Demonstrate Process Automation Excellence in Europe

Appian is proud to announce the winners of its 2023 International Partner Awards at the Appian Europe conference in London.

Wednesday, November 15, 2023 - 10:19
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Financial IT
Sebastian Vetter Joins TrueLayer as Country Manager to Lead Expansion in Germany

TrueLayer, Europe’s largest open banking payments network, has appointed Sebastian Vetter as Country Manager to lead the company’s push in Germany as the market matures for open banking payments.

Before joining, Sebastian was at Payoneer where he led the go-to-market activities for SMEs in Germany, Austria and Switzerland, with a focus on import/export businesses in manufacturing and ecommerce, marketplace sellers and professional service providers.

Wednesday, November 15, 2023 - 10:12
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Financial IT

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