MENA’s First&Only Subscription Management Platform - Raises US$2.4 Million, in Seed Round Led by Global Ventures
- 3 years 11 months ago
- Fundraising News
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 Names PayPal Veteran Wes Hummel as CTO
- 3 years 11 months ago
- People Moves
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 Forms Global Insurance Partnership with Railsr
- 3 years 11 months ago
- Insurtech
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.
Binance and Mastercard Launch Pre-paid Crypto Card
- 3 years 11 months ago
- P-Cards
In partnership with Mastercard, crypto giant Binance is launching its pre-paid card offering cryptocurrency “rewards” on customers’ purchases.
Zopa Bank Reaches £2 Billion in Customer Savings
- 3 years 11 months ago
- Banking
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, Neobank for Gen Z Raises $3M in a Seed Round
- 3 years 11 months ago
- Fundraising News
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 Launches Exclusive VIP Programme to Reward Most Loyal Clients
- 3 years 11 months ago
- Payments
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.
British Business Bank Makes New Commitment to Propel to Enable £165M of Asset Finance for Smaller UK Businesses
- 3 years 11 months ago
- Banking
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 MarketFactory wins ‘Best FX Technology Provider’ at FX Markets Asia Awards
- 3 years 11 months ago
- Trading Systems
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 appoints Ex-Oracle, Automation Anywhere Senior Leader Pramod Agrawal as Chief Technology Officer
- 3 years 11 months ago
- People Moves
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.
Finance Minister to Inaugurate Global Fintech Fest
- 3 years 11 months ago
- Infrastructure
Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs, India, will inaugurate the Global Fintech Fest, 2022 (GFF 2022), on September 20, 2022. As the Chief Guest of the conference, she will deliver the inaugural address, virtually, at 11:30 AM (IST).
JARVIS Invest Partners with Six Broking Houses to Provide AI-based Investment Advisory & Access Additional 4 Lakh Customers
- 3 years 11 months ago
- Investment
JARVIS Invest, India’s first AI-based investment advisory platform has announced a partnership with six broking houses to further expand its pan India footprint and provide its unique product to additional 4 lakh customers.
Cion Digital Partners with Finturf to Provide Merchants and Consumers With Crypto Financing Options
- 3 years 11 months ago
- Cryptocurrencies
Cion Digital, developers of the first fully integrated Crypto Operating System, announced today that it is partnering with Finturf to provide merchants and consumers with cryptocurrency-secured financing options at point-of-sale.
Shanghai Commercial & Savings Bank Adopts Temenos Platform for Retail and Corporate Banking
- 3 years 11 months ago
- Banking
Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking.
Lucinity Expands Customer Success Team to Support Growing Customer Base
- 3 years 11 months ago
- AML and KYC
Lucinity, an anti-money laundering (AML) software developer has hired Cate Wright as Head of Customer Success to strengthen its customer success team. Cate is a veteran of the anti-financial crime sector, with 17 years of experience from firms including BAE Systems, RiskScreen, and ALLIANZ.
