Fintech
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Riyad Capital Launches 1957 Ventures Fund, Backed by Riyad Bank, to Transform Saudi Arabia’s FinTech Landscape
Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund backed by Riyad Bank to…
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EFG Hermes secures stake in Danish fintech pioneer Kenzi Wealth
EFG Hermes, a subsidiary of EFG Holding and a premier investment bank in the MENA region, has announced its acquisition…
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“Lack of GenAI battle-tested scenarios” thwarting its use in financial products, says German fintech Solaris
Generative AI is playing a significant role in many industries, in some cases jet-rocketing productivity. The finance industry is also…
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Team8 appoints NEXT Insurance Co-Founder Alon Huri as New Managing Partner
Team8 announced on Tuesday the appointment of Alon Huri, Co-founder of the insurtech unicorn NEXT Insurance, as a Managing Partner.…
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Brazil’s Nubank profit surges to nearly $400M in Q1 2024
Brazilian digital bank Nubank got off to a great start in 2024. The digital bank booked a $380 million net…
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Marqeta, MoneyLion and Verituity: Adapting to the fintech downturn | PaymentsSource
Marqeta has diversified its revenue sources beyond Block, its largest client David Paul Morris/Bloomberg Two years into the slump for…
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F|T: The FinTech Times – Is Canada an easy mark for international money laundering?
Plus: ZayZoon returns its services to Canada after years in the US. Welcome to the FinTech Times, a weekly…
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South Africa’s Fintech Boom Is Stirring Fresh Investor Appetite
South Africa’s fintech sector is rapidly growing and attracting significant investment, positioning the country as a leader in African financial…
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Footprint Pitch Deck That Helped the Fintech Raise $13 Million
A startup looking to be Wall Street’s one-stop shop for onboarding new customers just raised $13 million. Footprint, which was…
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Unity Trust Bank Appoints New CFO Penny Hogan
Unity Trust Bank appoints New CFO Penny Hogan to the team. Penny first joined Unity in 2021 as Financial Controller,…
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