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Saudi Arabia’s First Embedded Insurance Platform Yasmina Secures $2M Seed Investment

Yasmina, the pioneering embedded insurance platform based in Riyadh, has successfully secured $2M in Seed funding. Scene Holding led the round, co-led by Access Bridge Ventures, with participation from Arzan VC and early backing from the Sanabil Investment Accelerator by 500 MENA.

Monday, July 14, 2025 - 13:39
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Financial IT
Fingular Honored At The ABF FinTech Awards 2025 For InDrive Collaboration Project

Fingular, a global neobank headquartered in Singapore, has been honoured as one of the laureates of the esteemed Asian Banking & Finance Fintech Awards 2025 alongside mobility giant inDrive. Fingular received accolades under the category Financial Inclusion Award.

Monday, July 14, 2025 - 11:42
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/news/infrastructure/fingular-honored-abf-fintech-awards-2025-indrive-collaboration-project
Financial IT
SAS Names Matt Parson As Chief Financial Officer

SAS, a global leader in data and AI, has appointed Matt Parson as Executive Vice President and Chief Financial Officer (CFO). Parson succeeds long-time CFO David Davis, who is retiring after nearly 40 years of dedicated service and leadership at SAS.

As CFO, Parson will lead SAS’ global financial strategy, including forecasting, planning, capital management and investor engagement. He will also help shape operational priorities that support scalable growth, market expansion and long-term value creation.

Monday, July 14, 2025 - 11:36
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/news/infrastructure/sas-names-matt-parson-chief-financial-officer
Financial IT
Almond FinTech Expands Its Transfer Network In APAC Through Ample Transfers Partnership

Almond FinTech, the two-time CrossTech Innovation Award winner for "Crypto Payments Solution in Cross-Border Payments," announced today that Ample Transfers, a 27-year-old remittance provider based in Singapore, has partnered with Almond's proprietary technology to optimize its internal treasury and settlement operations for transfers from Singapore to Indonesia.

This partnership marks a key milestone in Almond FinTech's strategic expansion into Southeast Asia's cross-border money flows.

Monday, July 14, 2025 - 11:28
66153
/news/infrastructure/almond-fintech-expands-its-transfer-network-apac-through-ample-transfers
Financial IT
Checkout.com Accelerates North America Growth With Canadian Launch And Leadership Refresh

Checkout.com, a leading global digital payments company, has launched its operations in Canada, expanding its footprint across North America (NORAM). This strategic move reinforces Checkout.com’s commitment to the market, which was the company’s fastest-growing region globally in 2024. To further drive this growth, Checkout.com has also appointed Zack Levine as its Head of Revenue for North America.

Monday, July 14, 2025 - 11:22
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/news/people-moves/checkoutcom-accelerates-north-america-growth-canadian-launch-and-leadership
Financial IT
MoonPay Now Supports Revolut Pay

MoonPay now supports 1-click cryptocurrency purchases using Revolut Pay, enabling a frictionless way to move money from your neobank directly into crypto. This integration simplifies transactions for MoonPay users who have a Revolut account and use it for online transactions, bypassing challenges faced with debit and credit card transactions.

Monday, July 14, 2025 - 11:19
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/news/payments/moonpay-now-supports-revolut-pay
Financial IT
Aviva Partners With Sønr To Accelerate Innovation And Drive Growth

Aviva, the UK's leading diversified insurer, has appointed Sønr to help drive its innovation strategy over the next two years. The partnership will see Sønr working closely with Aviva's central innovation team and business units across the company, leveraging its market intelligence platform and global research capabilities to identify opportunities.

Monday, July 14, 2025 - 10:39
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/news/insurtech/aviva-partners-sonr-accelerate-innovation-and-drive-growth
Financial IT
Ottu And Ellucian Partner To Drive Online Payment Innovation For Educational Institutes Globally

Ottu, the Middle East’s leading Online Payment Management System (OPMS), proudly announces the signing of an integration partner agreement with Ellucian, the global leader in higher education technology solutions. The signing ceremony was held at Ellucian’s regional headquarters in Dubai, marking a strategic milestone in the advancement of digital payments within the education sector.

Monday, July 14, 2025 - 10:18
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/news/payments/ottu-and-ellucian-partner-drive-online-payment-innovation-educational-institutes
Financial IT
PensionBee Calls Time On ‘Pension Purgatory’ With Urgent Demand For 10‑Day Pension Switch Guarantee

PensionBee, a leader in the consumer retirement market, is calling again for the urgent introduction of a legally mandated 10-day pension switch guarantee, as new consumer research reveals the UK’s pension transfer system is failing millions of savers.

Monday, July 14, 2025 - 10:14
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/news/personal-finance/pensionbee-calls-time-pension-purgatory-urgent-demand-10-day-pension-switch
Financial IT
FICO UK Credit Card Market Report: May 2025

The latest UK credit card data from global analytics software leader FICO provides stark evidence that consumer financial confidence remains low. Whilst spending has followed the usual seasonal drop after Easter, the average active balance is 4.7% higher year-on-year, suggesting consumers are not able to clear as much of their credit card debt. The percentage of balance paid is also trending downwards year-on-year by 5.8%.

Monday, July 14, 2025 - 10:11
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/news/credit-cards/fico-uk-credit-card-market-report-may-2025
Financial IT

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