Tag: fintech

Healthcare-focused fintech startup Care.fi raises $8 million in funding

Healthcare-focused fintech startup Care.fi has raised $8 million, or about Rs 72.46 crore, in a Series A funding round comprising a mix of equity...

Abu Dhabi fintech startup Mal raises landmark $230mln funding

Digital bank looks to tap into $7trln Islamic finance space Abu Dhabi-headquartered startup Mal has secured $230 million in what is cited as the largest...

Innovative fintech reimagining Saudi banking, experts say

Kingdom reaches 79 percent cashless transaction rate in 2024, surpassing its 2025 target  RIYADH: Saudi-based fintechs are reshaping the traditional banking system in the Kingdom by...

UAE’s Qashio acquires Saudi fintech Sanad Cash to fast-track expansion 

RIYADH: UAE-based corporate spend management platform Qashio has acquired Saudi fintech Sanad Cash in a strategic move to accelerate its expansion in the Kingdom...

The Secret Weapon Against Rural Poverty Isn’t Aid. It’s Fintech.

Aid Helped. But Apps Are Winning. For decades, governments and global development agencies have tried to lift rural populations out of poverty through grants and...

Saudi Arabia to serve as regional HQ for fintech growth, says Paymentology CEO 

RIYADH: Saudi Arabia is emerging as a key fintech hub in the Middle East, prompting the UK-based card issuing and payment processing firm Paymentology...

Gulf SMEs fuel million-dollar bets, fintech deals heat up

New deals underscore growing capital flows and innovation momentum RIYADH: Startups and investors across the Middle East and North Africa announced a wave of new deals...

Fintech and AI dominate MENA startup funding

Startups secure new backing to accelerate growth, scale technologies RIYADH: Startup funding activity across the Middle East and North Africa region continues to show resilience, with...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...