The fintech sector is undergoing significant transformation driven by advancements in cryptocurrencies, artificial intelligence (AI), cybersecurity, and mobile payments technology. As we move into 2024, […]
Category: News
IBM AI chosen to streamline services at Commercial International Bank Egypt.
Commercial International Bank Egypt (CIB) has chosen to integrate IBM’s artificial intelligence technology. The move is part of CIB’s digital transformation journey and is aimed […]
Fintech 2024: A Symphony of Innovation and Dynamics.
Nigel Green of deVere Group anticipates “unprecedented growth and innovation” in the FinTech sector in 2024. The key contributing factors include the rise of cryptocurrencies […]
CIB favors IBM AI to streamline services, Egypt style.
Commercial International Bank Egypt (CIB) has selected IBM’s technology for the integration of their services, including branches, digital channels, mobile and internet banking, Interactive Voice […]
Tamara, Saudi’s maiden fintech unicorn, sprints past $340m on BNPL platform.
Buy now, pay later platform Tamara becomes the first Saudi fintech startup to reach a $1 billion valuation after raising $340 million in its series […]
Fintech’s 2024 Rally: A Sparkler That Could Lose Its Spark
Key Elements: Financial technology companies have flourished in 2023 despite rising rates. However, these companies now face risks associated with falling rates and increased competition. […]
Tamara scores $340m in Saudi Series C, hits $1bn valuation.
Tamara, a Saudi Arabian fintech offering buy now, pay later (BNPL) services, has raised $340 million in a Series C funding round. The funding values […]
Cloud-bound Enfuce: Fintech pioneer, championing diversity and sustainability.
Key Points: Enfuce has become a global leader in fully cloud-based card issuing and payment processing. The Finnish fintech, established in 2016, processes €2 billion […]
Emirates NBD & Hub71 join forces to amplify MENAT FinTech future
Emirates NBD, a leading banking group in the MENAT region, has entered into a partnership with Hub71, Abu Dhabi’s global tech ecosystem. The partnership aims […]