SubsBase, the first and only subscription and recurring revenue management platform catering to the MENA region, announces it has successfully closed its seed round at US$2.4 million.

MX, a leader in Open Finance, today announced that Wes Hummel has been named Chief Technology Officer. A customer-focused technology leader, Hummel has spent the past 25 years building global engineering teams that drive business and customer outcomes in financial services. He will oversee the company's engineering and information security teams reporting to MX Chief Executive Officer Jim Magats.

Elmore, a specialist insurance intermediary for new risks, has formed a partnership with Railsr, a world-leading embedded finance experiences platform.
 
As Railsr’s insurance partner, Elmore will provide specialist fintech insurance for Railsr’s customers worldwide. Cover includes cyber insurance, crime insurance, professional indemnity insurance, and directors’ insurance.
 

Zopa bank has now crossed the £2 billion deposit mark, making it one of the fastest challenger banks to reach the milestone.

With rising inflation, energy prices, and rent increases adding considerable pressure on consumer finances, Zopa’s ambition is to make the billions in “zombie money” sitting idle in UK current accounts work harder.

Zywa, a teen-focused FinTech startup aiming to re-imagine banking for Gen Z in the Middle East and North Africa, raised $3m in a seed round. The round included participation from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, and European family offices, as well as strategic angel investors.

AstroPay, the online payment solution of choice for millions of users worldwide, is delighted to launch its new VIP Programme which rewards its most exclusive clients by offering them personalised and dedicated service. The benefits offered by this loyalty programme include promotions, dedicated support, unique experiences, and many other options.

The British Business Bank today announces a new ENABLE Funding facility to Propel, one of the UK’s largest and fastest growing independent asset finance providers.

The new facility will allow Propel to provide around £165m of finance to smaller businesses across the UK.

ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management announce that ION MarketFactory has won ‘Best FX Technology Provider’ at the FX Markets Asia Awards.

IBSFINtech, India's leading TreasuryTech Solution provider announces a significant addition to the company’s leadership team -- Mr Pramod Agrawal, who joins IBSFINtech as Chief Technology Officer (CTO). Pramod will play a pivotal role in leading the company’s technology, engineering, and innovation initiatives, driving the company’s technology solutions to the next level.