Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round. 

Global Ventures - MENA’s leading venture capital firm and DIFC-based Aditum Investment Management participated in the round, providing Hakbah with its first institutional capital. The funding follows approval granted by the Saudi Central Bank (SAMA).

Today, absolute labs – the first Wallet Relationship Management™ (WRM™) platform that is revolutionizing how growth and marketing teams acquire, engage, convert, and retain customers in the next Internet – announces the close of a $8 million Seed fundraising round including Aglaé Ventures, Alpha Praetorian Capital, The Luxury Fund, Near Foundation, MoonPay, Plassa Capital, Punja Global Ventures, Samsung Next, Sparkle Ventures (Animoca Bra

FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, has appointed Frank J. Serra as its new Chief Financial Officer (CFO), effective immediately.

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today bolstered its product line with the launch of ACA Vantage for Cyber, to help private markets (“PM,” i.e., private equity, hedge funds, and venture capital) firms discover, prevent, and remediate critical cyber vulnerabilities across their portfolio.

Magnolia State Bank and Teslar Software today announced their partnership to help manage exceptions volume and enhance the lending process.

GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has entered into a non-binding letter of intent to acquire Australian-based Shape Super Australia Pty Ltd (Shape), a prominent manager and administrator of self-managed super funds (SMSFs).

World-leading biometrics company, Fingerprint Cards AB (Fingerprints™), has announced it has now shipped more than one million of its T-Shape FPC1300 series flagship products to customers in the biometric payment card industry.

Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, today published its Complete Guide to Transaction Monitoring to provide a detailed picture of transaction monitoring as an integral part of the verification system.

Cohesity today announced an expanded relationship with Microsoft that is focused on helping enterprises globally broaden and harden data security.

There are two major elements to the expanded relationship between Cohesity and Microsoft.  

Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly FinTech US Report - 2023. The report, based on Tracxn’s extensive database, provides insights into the US FinTech space.

The US is home to more than 30,000 FinTech startups, making it the largest startup ecosystem globally in the FinTech space. The total funds raised in Q1 2023 by the US FinTech startups accounted for more than 65% of the funds raised in the FinTech space globally.