February 12, 2025 @ 8:44 am By Michael Wong  |  

Litas.io, a blockchain-based payment and crowdfunding platform, has secured a $20 million investment commitment to enhance its technology and expand its business, the company said. Litas is based in Vilnius. The company states that it “simplifies access to digital finance for SMEs but also integrates… Read More

 Tagged blockchain, Blockchain finance, Litas.io, lithuania

February 12, 2025 @ 8:42 am By Omar Faridi  |  

Klarna, anAI-powered global payments network and shopping assistant, has signed an agreement with JP Morgan Payments that will, for the first time, make Klarna’s Buy Now, Pay Later (BNPL) payment options available to businesses that depend on J.P. Morgan Payments for payment processing. JP Morgan Payments, which… Read More

 Tagged bnpl, jpmorgan, klarna, payments

February 12, 2025 @ 8:38 am By Omar Faridi  |  

Mambu has recently announced the “success” of its partnership with Money DD, which is a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering opportunities for “underserved” Thai citizens. The app has been… Read More

 Tagged digital financial services, mambu, savings, thailand

February 12, 2025 @ 8:37 am By Omar Faridi  |  

ETFbook, a data and analytics platform specializing in the ETF market, announced the closing of a €4 million Series A round led by BlackFin Capital Partners. ETFbook provides a data and analytics platform accessible through a web application and APIs. Based in Zurich with a… Read More

 Tagged etfbook, etfs, europe, funding round

February 11, 2025 @ 11:19 pm By Omar Faridi  |  

Temenos AG (SIX: TEMN), the banking software company, announces it has signed an agreement to sell Multifonds, its fund administration software business, to Montagu Private Equity, a European private equity firm, for a total Enterprise Value of about USD 400 million including an earnout. The… Read More

 Tagged banking, montagu private equity, multifonds, temenos

February 11, 2025 @ 9:19 pm By Omar Faridi  |  

Abu Dhabi Islamic Bank (ADIB) has completed its migration to cloud-native architecture using ZERO footprint topology, becoming the first Islamic bank globally to do so. Additionally, ADIB is reportedly the first bank in the UAE / GCC region to implement Swift’s Alliance Cloud platform. This… Read More

 Tagged adib, banking, mena region, swift

February 11, 2025 @ 9:18 pm By Omar Faridi  |  

Copenhagen-based Fintech startup ReBloom has secured a €400k pre-Seed round to fuel its growth, just three months after its founding. The company aims to democratize access to unlisted stocks through its AI-driven platform, enabling investors to trade shares in private companies like SpaceX, Revolut, and… Read More

 Tagged copenhagen, europe, funding, rebloom

February 11, 2025 @ 9:17 pm By Omar Faridi  |  

Tabby, a UAE-based buy now, pay later (BNPL) player, has reportedly hired banks to prepare for an eventual initial public offering (IPO). The company is said to be in talks with HSBC, JPMorgan, and Morgan Stanley for a public offering in Saudi Arabia, potentially in… Read More

 Tagged bnpl, initial public offering, ipo, mena, tabby, uae

February 11, 2025 @ 9:16 pm By Omar Faridi  |  

finova, a UK-based cloud-based mortgage and savings software provider, has announced the launch of its new mobile-first onboarding app for savers. The app expands finova’s suite of products available for lenders and savings providers. The native app aims to simplify the savings onboarding journey, addressing… Read More

 Tagged finova, savings, uk

February 11, 2025 @ 9:15 pm By Omar Faridi  |  

Validus Risk Management, a software and tech-enabled services platform for financial risk management, announced that it has secured a $45 million growth equity investment from FTV Capital, a sector-focused growth equity firm. The minority investment will enable Validus to accelerate its go-to-market efforts, expand into… Read More

 Tagged ftv capital, funding round, risk management, validus