refurbed, who have achieved 1bn in GMV in June 2023 since its founding, has announced a $57 million (EUR 54M) investment led by existing investors Evli, C4 and Speedinvest, with significant participation from All Iron and several new backers.

AutoRek, a leading software provider for the financial services sector, is today releasing new insights finding that 54% of businesses consider inefficient back-office processes the primary obstacle to delivering real-time payments.

Jifiti, a global leader in white-labeled embedded lending, today announced that it has been granted an Electronic Money Institution (EMI) license in Europe, following the Swedish regulator’s rigorous review and qualification process.

The PHA Group has been appointed by Alif Pay to lead on its PR and communication activities in the Middle East. 

Launched in the UAE in September 2023 and headed up by Shafique Ibrahim, Alif Pay enables fintech products for UAE residents with a focus on the enhanced user experience of its app. 

Snowflake, the Data Cloud company, announced the launch of the Powered by Snowflake Funding Program, which intends to invest up to $100 million dollars toward the next generation of early-stage startups building Snowflake Native Apps. The Powered by Snowflake Funding Program features leading venture capital firms Altimeter Capital, Amplify Partners, Anthos Capital, Coatue, ICONIQ Growth, IVP, Madrona, Menlo Ventures, Redpoint Ventures, and Snowflake Ventures.

Deloitte’s 2022 report delivered a stark message about the state of gender diversity in the financial services industry. Statistics showed that women were occupying just 21% of board seats, 19% of C-suite roles, and a mere 5% of CEO positions.

The online trading and fintech space are among some of the most competitive industries, where only the top-performing brands can truly stand out. UF AWARDS MEA 2024 will look to showcase these leaders, taking place this January at the upcoming iFX EXPO Dubai 2024.

New data published by Rimm Sustainability reveals that over three-quarters of UK SMEs (77%) are using technology, as well as a sustainability platform, to facilitate their goals.

Zelig is delighted to announce that it has acted as sole financial advisor to Accelex, a leading provider of AI automation for private markets data acquisition, reporting and analytics, on its $15 million Series A funding round led by FactSet.

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced that, subject to regulatory approval, it has appointed Shonaid Jemmett-Page as Chair of the UK Board, following the departure of David Gagie.

David has been Chair of the UK Board since 2018 and has been instrumental in the growth of the organisation to date, with his experience being pivotal in leading the Board.