Qardy Breaks New Ground as First Egyptian Fintech to Launch Publicly via CPME SPAC
- 8 months 6 days ago
- Lending
Qardy, Egypt’s pioneering digital lending marketplace, is thrilled to announce that it is set to be acquired by Catalyst Partners Middle East (CPME) through a landmark Special Purpose Acquisition Company (SPAC) acquisition, valued at approximately EGP 1.16 billion (USD 23.15 million). This proposed transaction represents Egypt’s first-ever SPAC acquisition, positioning Qardy to become the nation's inaugural fintech startup to go public via this...
Bibby Financial Services Secures £700M Facility to Enhance SME Financing in the UK
- 8 months 6 days ago
- Fundraising News
International SME financier, Bibby Financial Services (BFS), has renewed its securitisation arrangement for three years, boosting its funding capacity to improve access to finance for UK businesses. The refinance deal has been agreed with lenders including Lloyds, HSBC UK Bank PLC, Bayern LB and with participation of funds under the management of Insight Investment.
Finastra to Sell Treasury and Capital Markets Division to Apax Funds
- 8 months 6 days ago
- Treasury
Finastra, a global provider of financial software applications, and funds advised by Apax Partners LLP ("Apax"), a leading global private equity advisory firm, today announced that they have entered into an agreement under which Finastra intends to sell its Treasury and Capital Markets ("TCM") business unit to an affiliate of Apax. Upon completion of the transaction, TCM will be rebranded and operated as a standalone business.
eToro Partners with Generali to Launch PER and Life Insurance Offer in France
- 8 months 6 days ago
- Insurtech
eToro, the trading and investing platform, announces today a partnership with Generali, a major player in the French life insurance market, to offer its users in France a life insurance contract and a PER (Plan d’Épargne Retraite) to its users in France. The announcement follows the opening of eToro’s local subsidiary in France, eToro Patrimoine.
Embedded Financing Boosts SMB Growth by Up to 50%, YouLend Data Reveals
- 8 months 6 days ago
- Infrastructure
New data from global embedded finance leader YouLend reveals that small and medium-sized businesses (SMBs) that received financing through its e-commerce, payments and technology partners grew sales by up to 25-50%, on average, in the six months following funding. With over 300,000 businesses funded worldwide, YouLend demonstrates how fast, flexible capital can be a powerful driver of growth for entrepreneurs.
Over a Third of Global Consumers Use AI to Shop, a 47% Increase on 2024 Numbers Shows Adyen’s Research
- 8 months 6 days ago
- Personal Finance
Adyen, the global financial technology platform of choice for leading businesses, today published its 2025 Annual Retail Report that finds there’s been a 47% surge in people using AI to shop. In a poll of 41,000 consumers across 28 countries, more than one in ten (12%) said they had used AI for the first time over the past 12 months to help them with their shopping experience. And an impressive 55% of people said they would be open to making...
MeaWallet Supports Central Cooperative Bank in Launching Click to Pay Push Provisioning for Mastercard and Visa
- 8 months 6 days ago
- Payments
MeaWallet, a leading digital payments enabler specialising in card tokenization, proudly announces its support for Central Cooperative Bank in launching Click to Pay push provisioning functionality for its customers.
Booking.com Advances Corporate Payments with Broadridge’s Service for Swift SCORE+, Enabling Real-Time Tracking and Efficiency
- 8 months 6 days ago
- Payments
Broadridge Financial Solutions, Inc. , a global Fintech leader, today announced the successful live implementation of Swift SCORE+ services for Booking.com, achieving a milestone in advancing corporate payment connectivity, transparency, and efficiency. The Broadridge services operate through its established infrastructure that includes frictionless Swift API connectivity and end-to-end transaction lifecycle management.
Experian’s ReFi™ Powered Loans Save Borrowers £5K on Debt Repayments
- 8 months 6 days ago
- Wealth Management
Experian, the money platform, has revealed the transformative impact ReFi™ powered loans are having on UK consumers. As of May 2025, ReFi™ technology has already enabled the lending of over £70 million in debt consolidation loans1.
Harmony Gap Research from FIS and Oxford Economics Reveals 78% of Global Businesses Leaning into AI to Combat Fraud
- 8 months 6 days ago
- Artificial Intelligence
Global business and technology leaders are already seeing benefits from the use of AI and automation, with over three-quarters (78%) reporting measurable improvements in the ability to detect fraud and manage risk after their organization’s integration of the technology.
Moniepoint Ranked Among Africa’s Fastest-Growing Companies for Third Consecutive Year by Financial Times
- 8 months 6 days ago
- Infrastructure
Moniepoint Inc., announces it has been ranked by the Financial Times as one of Africa’s fastest-growing companies for the third consecutive year, reinforcing its rapid growth as one of the continent's leading financial institutions for Africans, everywhere.
Carrington Labs Partners with Oscilar to Expand Access to Real-Time Credit Risk Analytics
- 8 months 6 days ago
- Artificial Intelligence
Carrington Labs, a leading provider of credit risk analytics, has partnered with Oscilar, a leading provider of real-time decisioning infrastructure, to give lenders faster, easier access to advanced credit risk solutions. The collaboration combines Carrington Labs’ tailored, explainable credit risk models with Oscilar’s real-time decisioning infrastructure to reduce integration time and improve credit risk workflows for banks, fintechs, and...
Origami Risk Announces Appointment of Ryan Dardis as Senior Vice President of Sales
- 8 months 6 days ago
- People Moves
Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, today announced the appointment of Ryan Dardis as Senior Vice President of Sales. With more than two decades of experience as a B2B SaaS leader, Dardis will bring his expertise in driving sustainable growth, streamlining go-to-market operations, and aligning global teams to serve as Origami Risk’s first company-wide executive sales leader.
Ripple Builds on Dubai Regulatory License to Announce Zand Bank and Mamo as First Blockchain-Enabled Payments Clients in the UAE
- 8 months 6 days ago
- Blockchain, Payments
Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced two new customers in the UAE utilizing Ripple Payments.
Tuum Expands Islamic Banking Suite with New Cloud-Native Modules, Launching at Seamless Middle East
- 8 months 6 days ago
- Islamic Finance
Tuum, the next-generation core banking provider, is set to unveil its comprehensive Islamic Banking suite at Seamless Middle East, reinforcing its commitment to empowering financial institutions with cutting-edge, Sharia-compliant banking solutions. This marks a major milestone following last year’s announcement of Tuum’s foundational Islamic Banking capabilities.
