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Tarabut partners with decentralised savings platform Hakbah

Hakbah - the KSA-based fintech savings platform - announces a new partnership with Tarabut - MENA’s leading open banking platform, and an investor in the region’s digital transformation.

/startups

Digital ID firm Yoti scores £12.5m debt funding from HSBC

Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders.

/startups

Centi completes seed financing for blockchain-based micropayments

Centi is proud to announce the successful completion of its seed financing round led by Archblock and Bloomhaus Ventures with continued investments from existing shareholders and founders.

/startups

Spare closes a $3m investment to lead open banking innovation in the Middle East

Spare, the pioneering open banking services provider, today announced the close of a $3 million funding round led by Vision Ventures with participation from Wa’ed Ventures, Seedra Ventures, global investment firm 500 Global, and notable angel investors.

/startups

Saudi savings fintech Hakbah closes $5.2 million fund raise

Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraise.

/startups

Emirates NBD forges relationship with Hub71

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced a partnership with Abu Dhabi’s global tech ecosystem, Hub71, to empower customers with cutting-edge FinTech solutions and drive a new era of advanced banking services.

/startups

Retail trading startup Tradu selects Crossover as primary digital asset execution partner

Crossover Markets Group, Inc., a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, today announced it has been selected as the primary digital asset execution partner of Tradu, an all-new, multi-asset “super app” for active traders that is launching this month for UK residents and early Q1 2024 for international markets.

/startups

Mena Fintech Association publishes sustainable Fintech Report 2023

The MENA Fintech Association, the premier not-for-profit organization dedicated to serving fintech startups and established players across the Middle East and Africa, is excited to announce launch of their new Sustainable Fintech Report 2023

/startups

Paynest bags €2 million investment

Paynest, the one-stop-shop financial well-being platform for employees, has successfully closed a €2 million seed investment round, led by Lince Capital, with participation from BlueCrow Capital, TechTree CTT managed by Iberis Capital, and M4 Ventures managed by C2 Capital.

/startups

Startup Coalition calls for reform of Consumer Credit Act

On the anniversary of the Edinburgh Reforms, Startup Coalition, the UK policy voice for startups, has today called for political leadership in tackling one of the biggest, but most urgent challenges in financial services regulation: reforming the Consumer Credit Act.

/startups

FinTech Wales releases annual report

FinTech Wales, an independent membership association and champion of the Fintech and Financial Services industry in Wales, has today published the Fintech in Wales Annual Report for 2022/23.

/startups

Hospitality mPOS startup Olouris goes live

A fintech start-up that provides cloud-based point of sale software to hospitality firms has officially launched after moving into its first base in Coventry.

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