Blnk, a fintech startup that enables instant consumer credit in Egypt, raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country.

The funds will support the further development of Blnk’s Artificial Intelligence-powered lending infrastructure and the financing of the company’s fast-growing portfolio of customers.

Goldman Sachs, PayPal, American Express and Citi have joined in a $70 million funding round in blockchain intelligence firm TRM Labs.

The latest investment, an extension to the company's $60 million Series B round in December, was led by Thoma Bravo, with participation from first-time investor Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures.

FinTech Connect 2022, Europe’s only dedicated fintech event for the entire ecosystem, today released its 2022 Industry Benchmark Report, Fintech in Flux: Thriving in the Age of Uncertainty, showing that customers remain the biggest focus, with 86 per cent of

Based in Tallinn, Estonia, Kriptomat is a leading European platform for buying, selling, and holding cryptocurrencies. The growing enterprise chose IXOPAY to manage its worldwide payment transactions.

Today, UK BaaS (Banking as a Service) fintech firm Griffin and global FS OS (Financial Services Operating System) 11:FS Foundry announced a new partnership to help businesses actualise the benefits of embedded finance - the process of building new fintech products and embedding financial services directly into non-financial applications.

The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 1,120,000 (AED 4,113,200) on the DIFC branch of Bank of Singapore Limited (the Bank) for a number of contraventions of DFSA legislation, including for having inadequate systems and controls including those relating to anti-money laundering (AML).

Arzooo (India’s fastest-growing Retail Tech Platform) partners with HDFC Bank (India’s largest Private sector Bank) to launch Purchase cards that have been exclusively designed for offline retailers. The aim is to roll out over one lakh such credit cards over the next 12 months.

The operations will be headed by Christopher May, with full responsibility for the expansion of Navian in the UK market. Christopher will play a key role in continuing the Navian journey of the digitalising property development industry. Christopher will also be instrumental in building on the company's outstanding reputation with professionals, partners, and clients.  

Leading global intelligence and cyber security consultancy S-RM has today launched its 2022 Cyber Security Insights Report, which examines the specific cyber security challenges faced by C-suite leaders and senior IT decision-makers across the globe.

Compliance teams see perpetual KYC (pKYC) as the future of KYC according to a report by Moody’s Analytics, “Perpetual KYC: Transforming Risk and Compliance,” released today. The report sought to uncover the key challenges faced by implementers of KYC today and understand how organizations are transforming their approach to risk and compliance.