Fundraise led by A15, one of MENA’s leading venture capital firms

Proceeds to accelerate regional expansion: launch in Saudi Arabia expected soon 

FlapKap, a company revolutionizing e-commerce and SaaS growth in the MEA region, announces its launch and successful completion of a $1.2 million fundraise.

The fundraise was led by A15, the leading MENA venture capital firm, and one of the most prominent backers of early-stage start-ups in the region.

Celebrating its one-year anniversary, SuperTech responds strongly to Kalifa Review’s ‘greater upside to come’ for Birmingham FinTech hub

The partnership will empower the lender to develop comprehensive financial products and services across the sector.

With the advent of e-commerce, new ways of purchasing things have quickly turned into fresh requirements, demands and challenges for stakeholders. As the payment market has evolved, so too has the process of merchant card acquiring, which traditionally is characterised with a segmentation into two specific categories:

Funding led by HCAP Partners will support product development and the ongoing expansion of interoperability programs.

Saphyre, Inc., a leading FinTech company that leverages patented AI technology to structure all pre-trade data while eliminating post-trade inefficiencies, is pleased to announce the successful completion of its Series A round of $18.7 million, led by HCAP Partners, with J.P. Morgan and BNP Paribas participating in the round. Terms of the investment were not disclosed.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider, today announces a new regulatory solution, Trading Venue Quantitative Reporting Outlier Reconciliation - helping firms to further meet MiFID II obligations, including assisting trading venues (non-OTC) to fulfil MiFID II RTS 2 transparency requirements.

• EU and UK fines for non-compliance surge to over £ 958 million in 2021
• On average, 10-15% of a company’s files thought to be non-compliant
• ControlTower iterates through the business, identifying unstructured data risks and providing all tools needed for compliance

The plans for the European Payments Initiative are ambitious, so a few obstacles are to be expected.

It was always going to be a challenge to create a new card scheme which would operate multi-laterally across European markets, dictated by a scheme of rules in the centre, but operated by multiple interdependent domestic operators.  

Oppenheimer Enhances Advisor-Client Portal to Deliver Holistic End-to-End Wealth Management Platform that Empowers Advisor-Client Relationships

Oppenheimer & Co. Inc. – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the launch of the Investor Gateway, an interconnected and intuitive wealth management technology platform.