Stripe takes first step into Middle East with UAE expansion
Digital payment transactions in the UAE during 2020 reached $18.5 billion.
Middle East
Spac led by ex-Commerzbank CEO trading on Amsterdam’s Euronext
The blank-check firm has already sold 41.5 million shares at €10 each.
Banque Saudi Fransi upgrades treasury systems with Finastra
Saudi Arabian bank goes live on new version of Finastra platform.
Policybazaar raises $75m to power Middle East expansion
Indian insurance firm aims to sell $1 billion in contracts by 2022.
Emirates NBD chief digital officer leaves to pursue entrepreneurship
Evans Munyuki resigns after brush with COVID-19.
First Iraqi Bank selects ICS Banks core banking tech from ICSFS
Start-up bank FIB aims to transform the banking sector in Iraq and the wider MENA region.
YAP throws hat into UAE’s digital banking ring
The start-up’s partner is National Bank of Ras Al Khaimah.
PayPal buys Israeli crypto wallet Curv for its new blockchain unit
PayPal expects the acquisition to close in the first half of 2021.
FinTech Futures Industry Survey & Report 2021
A deep-dive into the trends defining 2021 and beyond, based on a comprehensive survey of the industry.
Dear Luc: Your most pressing fintech problems solved
In Dear Luc, we answer the questions the industry’s fintech founders are too embarrassed to ask.
Fintech funding deals globally 22-28 February 2021
Featuring Chargebee, Tyme, TypTap Insurance, Anchorage, and Earnix.
ICYMI funding round-up: Zolve, Symple Loans, Butn, FunGuard & more
We highlight a series of funding rounds that may have passed you by.
Report: The power of data analytics in fintech solutions
A deep-dive industry report focused on the priorities and use of data analytics at financial institutions.
Banking Tech Awards 2020 Winner: BTB – Best Use of IT in Private Banking/Wealth Management
BTB’s business model has brought annual average returns of 7% in the last seven years with low defaults.
AI fintech Earnix becomes Israel’s latest unicorn with “pre-IPO” round
The fintech’s $75 million raise marks its first funding round since 2017.
Fintech funding deals globally 15-21 February 2021
Featuring Public, Webull, Blockchain, GoCardless, and Personetics.
ICYMI funding round-up: FlexxPay, Raqamyah, and JustUs
A trio of funding rounds that may have passed you by last week.
Saudi Arabia plans new SME bank to underpin local funding
The new bank brings “all financing solutions under one umbrella”.
Personetics raises $75m from Warburg Pincus
Data analytics and customer engagement firm plans expansion with new funding.
Is 2021 the year to inspire better banking?
Sanat Rao says the time is right to invest in back-end systems change.
Banking Technology February 2021 issue out now
The roaring 20s.
Bottomline Technologies acquires TreasuryXpress
The US firm is expanding its treasury tools for corporates.
Anglo-Gulf Trade Bank signs for Fenergo client lifecycle tech
UAE-based bank picks vendor to aid its onboarding processes.
Fintech funding round-up: UiPath, Narmi, Balance, GajiGesa, and more
The start of February has seen a whole host of funding rounds around the world.
PayKey integrates investment and loan services on mobile keyboards
Clients include Standard Chartered, UniCredit, HSBC and ING.
A look inside MENA investor Global Ventures’ fintech portfolio
Global Ventures’ portfolio covers payment acceptance, digital wallets, credit and trading.
NymCard raises $7.6m for Banking-as-a-Service in MENA
The Series A funding round brings NymCard’s total investment to $12 million to date.
Saudi start-up Hakbah raises $1.2m in seed funding
Hakbah aims to “modernise and ease” savings in Saudi Arabia.
Pyypl’s regulation-first approach to MENA starts to pay off
“The options today are mobile money or banks,” says CEO.
ADQ’s unnamed neobank nabs new CEO from Emirates NBD
Patel joins the upcoming challenger after leading Emirates NBD’s challenger Liv.
Dubai-based Bankiom promises “new way” to manage money
Banking app promises fast account setup and loan processing.
Saudi Arabia’s central bank plans open banking go-live for 2022
SAMA has already “collected the local financial market participants’ feedback”.
Mambu raises €110m to hit €1.7bn valuation
Cloud core banking vendor has raised over €150m since launch.
Arab Investment Bank picks fresh batch of Temenos solutions
Egypt-based bank adds to existing portfolio of Temenos products.
Israeli remittance fintech Rewire targets one million customers by end of 2021
Rewire currently boasts more than 200,000 European accounts.
Tamam to launch Saudi Arabia’s first digital microfinance service
Tanam give green light after 18 months of sandbox testing.
2020 in review: Top core banking stories
We run down the most interesting core banking stories from this year.
2020 review: 10 largest bank job cuts this year
This year has seen several job cut announcements.
2020 review: Top five cyberattacks this year
Cybercriminals haven’t stopped their activities in 2020.
eToro soars to $2.5bn valuation, tripling since 2018
Israel-based brokerage firm has also recruited 300 people this year.
