March 8, 2024 @ 7:49 am By Omar Faridi  |  

BitOoda, a digital investment bank, entered a partnership with Newmark, a commercial real estate adviser, that will allow the firms to combine their expertise and relationships across the AI, data center, and Bitcoin mining industries. The partnership will enable BitOoda and Newmark to “serve clients… Read More

 Tagged ai, bitcoin mining, BitOoda, commercial real estate, data center, digital banking, investment bank, newmark

March 8, 2024 @ 7:46 am By Omar Faridi  |  

Lloyds Banking Group has signed a corporate Power Purchase Agreement (PPA) with global renewable energy company, Low Carbon. Through the 10-year agreement, the Group will “purchase 50 GWh of clean electricity annually, the equivalent of powering more than 14,000 homes.” The energy will be generated… Read More

 Tagged dave blott, europe, lloyds, lloyds banking group, low carbon, marco verspuij, uk, united kingdom

March 8, 2024 @ 5:55 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments “directly on their iPhones with no additional cost… Read More

 Tagged nitin prabhu, paypal, venmo

March 7, 2024 @ 6:46 pm By Omar Faridi  |  

Rabeh Financial, a Saudi Arabia-based company that claims to be specializing in crowdfunding services and equity exchange, has recently announced during the events of LEAP24 conference, its success in closing a seed funding round of 3 million Saudi Riyals, in collaboration “with Mjalis Investment Company… Read More

 Tagged funding round, mena, rabeh, rabeh financial, saudi arabia

March 7, 2024 @ 1:43 pm By Omar Faridi  |  

eBill has reportedly surpassed three million users for the first time. More and more people in Switzerland are said to be “opting for the eBill digital invoice.” At the end of February, SIX recorded “more than three million registered users for the first time.” This… Read More

 Tagged ebill, europe, switzerland

March 7, 2024 @ 8:19 am By Omar Faridi  |  

Elon Musk has stated that social media giant X (formerly called Twitter) may soon obtain payment licenses in New York and California. Musk said on Wednesday that his social media platform X may soon get approval for a money transmitter license in the state of… Read More

 Tagged elon musk, payments, x

March 6, 2024 @ 9:56 pm By Omar Faridi  |  

uqudo, the digital identity company in the MEA region, has entered into a collaboration with Tamara, a fintech platform in Saudi Arabia and the GCC region. This strategic partnership represents “a significant milestone in the financial landscape of the GCC, poised to elevate digital transactions… Read More

 Tagged abdulmajeed alsukhan, benjamin haas, digital identity, fintech adoption, gcc region, mena, saudi arabia, tamara, uqudo

March 6, 2024 @ 9:38 pm By Omar Faridi  |  

Uber (NYSE: UBER) announced a new partnership with Mastercard and Payfare to launch the Uber Pro Card, providing free instant payouts after every trip or delivery1 and enhanced loyalty features for drivers and delivery people on the Uber platform in Canada, powered by Payfare’s leading… Read More

 Tagged fintech trends, mastercard, payfare, payments, payouts, uber

March 6, 2024 @ 9:27 pm By Omar Faridi  |  

Galileo Financial Technologies, a financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced an expansion of its relationship with The Bancorp Bank, NA, that enables real-time payments services. Using the RTP network from The Clearing House, Galileo and The Bancorp… Read More

 Tagged david feuer, galileo, galileo financial technologies, payments, sofi, the bancorp bank

March 6, 2024 @ 5:21 pm By Omar Faridi  |  

Salla, which claims to be among the leading SaaS e-commerce enablers in Saudi Arabia, has raised $130 million in a Pre-IPO funding round which has been “co-led by Investcorp and Sanabil, and with the participation of STV as the largest investor.” This new investment is… Read More

 Tagged e-commerce, mena, middle east, saas, salla, saudi arabia