Reporting, interviews and analysis on AI, fintech, startups, venture and the operators building what comes next.
12 articles shown
Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund supported by Riyad Bank, aimed at driving transformative growth in Saudi Arabia’s FinTech sector. This initiative aligns with the objectives of Saudi Vision 2030 and the Financial Sector Development Program. The introduction of this fund highlights Riyad Capital and Riyad…
This solution enables Latin American banks, fintechs, retailers, and telcos to improve the digitalization of remittances, reducing costs, strengthen financial inclusion and enhance the consumer’s user experience. Leap Financial, a company at the intersection of fintech, AI, and cultural insight, has partnered with Mastercard to launch an Embedded Remittance service. This comprehensive white-label solution allows…
FIS has launched an enhanced version of its flagship mobile banking application for financial institutions. FIS® Digital One™ Flex Mobile 6.0 is tailored for banks seeking to meet evolving customer expectations in the digital era. The application allows customers to bank digitally based on their preferences – either on mobile or online – and provides…
In a significant move to enhance risk management and compliance processes, IDVerse, a leader in identity verification technology, has announced a strategic partnership with RZOLUT, a pioneer in risk and compliance data solutions. This collaboration marks the integration of IDVerse’s state-of-the-art automated IDV and biometric services with RZOLUT’s advanced ContentStream data platform, creating a comprehensive…
Today, Glia, a leader in customer interaction technology, announced the launch of Glia Cortex, the first responsible AI platform tailored specifically for the financial services sector. Glia Cortex offers financial institutions a safe and secure AI solution that delivers tangible ROI for customer service and contact centers by enhancing efficiency, reducing wait times, and improving…
Kudos, based in Los Angeles and known for its AI-enhanced smart wallet service, has raised $10.2 million in a Series A funding round. Silicon Valley Journals reports that the round was spearheaded by QED Investors, with contributions from Patron, The Points Guy founder Brian Kelly, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype…
Rasan Information Technology Co., a leading fintech company in Saudi Arabia, has announced its intention to raise up to 841 million riyals ($224 million) through an initial public offering (IPO) on the Riyadh stock exchange. This marks a significant milestone as one of the first IPOs by a fintech firm in the Kingdom, as reported…
Wise announces the launch of the Wise Account and Card in the Philippines, offering an innovative and cost-effective solution for global financial transactions. This new service is tailor-made for Filipinos living international lifestyles, such as freelancers, remote workers, and dependents of overseas foreign workers, simplifying the way they receive and spend money worldwide. The Wise…
Polar Electro, the world leader in personal guidance for fitness, sport, and health, has announced a partnership with the pioneering Swedish tech company Fidesmo to introduce a new collection of sports watch wristbands that are enabled for convenient and safe contactless payments. Simple to adapt and made of soft, durable silicone, these payment wristbands are…
PayRetailers, the leading payment processor for Latin America is pleased to announce its new expansion to Africa. With coverage across four countries, the company offers a unified payment solution that will be a game changer for cross-border online merchants looking at Africa as their next move for strategic growth. To strengthen its presence in the…
Chime Financial Inc., a leader in the fintech industry known for its no-fee banking services, is introducing a new option for consumers to access up to $500 of their paychecks ahead of schedule. This new offering, termed “earned-wage access,” represents Chime’s debut in this rapidly growing financial service sector. The product, named MyPay, enables users…
To support the burgeoning digital economies and facilitate the growth of early-stage technology startups in Central Asia, the International Finance Corporation (IFC) has announced a significant investment of up to $5 million in Sturgeon Emerging Opportunities II, LP. This new venture capital fund is managed by Sturgeon Capital, a leading entity in the venture capital…
03 / The briefing
The dispatches worth your time, every week. No noise, unsubscribe anytime.
