Saudi Arabia’s Tamara, a buy now, pay later digital service, has raised $340 million with backing from Saudi sovereign wealth fund Sanabil and SNB Capital. The funding round brings Tamara’s valuation to $1 billion, giving it “unicorn” status. CEO Abdulmajeed Alsukhan has indicated that the company could pursue an IPO in Saudi Arabia.
Financial technology company FactSet has announced a beta release of a new artificial intelligence (AI) solution. The solution, known as FactSet Mercury, helps to improve […]
TLDR: Citigroup Inc. sold 21,859 shares of ARK Fintech Innovation ETF (ARKF). Several institutional investors and hedge funds have made changes to their holdings in […]
Brazil’s Nubank has expanded its digital banking services into Mexico, launching a unique suite of products catered to the local market. Co-founder Cristina Junqueira has […]