Following a successful mobilisation period, the PRA has lifted restrictions on Revolut’s banking licence, and given approval to launch its UK bank, Revolut Bank UK Ltd. Revolut Bank UK Ltd is set to roll out new banking services for its 13 million UK customers, with deposit accounts protected by the Financial Services Compensation Scheme (FSCS). Current accounts […]
GCC Region – Ubuy, a leading cross-border e-commerce platform serving customers across the GCC, has announced the integration of Tabby as a new payment solution for customers in Saudi Arabia and the United Arab Emirates. The partnership enables shoppers to split their purchases into convenient installment plans, enhancing flexibility and accessibility for international shopping. The new […]
MARCH 11, 2026 | SINGAPORE Single platform delivers multi-currency support, real-time visibility and seamless integration Small and medium-sized enterprises (SMEs) across Asia Pacific are moving faster into global trade, but the complexity and limited visibility in corresponding payments processes continue to slow growth. Mastercard today announced that it is introducing Mastercard Global Commerce Suite for […]
Dubai, United Arab Emirates – Finastra, a global leader in financial services software, today announced its partnership with FraudAverse, a global leader in financial crime prevention and fraud detection. The collaboration brings an advanced, AI-driven fraud prevention solution to Finastra’s Financial Messaging customers, delivering real-time protection against emerging threats and reducing operational costs. “As payment volumes […]
Ébène, Mauritius – The Trade and Development Bank Group (TDB Group) is pleased to announce the successful conversion of its bilateral facility with Sumitomo Mitsui Banking Corporation (SMBC) into a Sustainability Linked Loan (SLL), the first of its kind to be received for TDB. The bilateral facility has been structured as an SLL effective 4 February 2026, […]
Dubai, United Arab Emirates – Rentify, a leading fintech and proptech innovator, today announced the launch of Rentify Pay, UAE’s first rent-native infrastructure layer. This launch marks a significant evolution from Rentify’s original “Rent Now, Pay Later” service, introducing a comprehensive platform that digitizes and streamlines the entire rental ecosystem for tenants, landlords, and property managers. […]
Alpha Wave’s investment portfolio includes leading AI companies such as SpaceX (Alpha Wave’s largest investment), Anthropic, OpenAI, Cerebras and others Judan investment to accelerate launch of Alpha Wave’s AI-native life insurance business Abu Dhabi, UAE: Judan Financial, a subsidiary of IHC, today announced its first strategic investment in US-based investment management firm Alpha Wave Global, […]
MANAMA, BAHRAIN – Flooss, Bahrain’s leading digital consumer-financing platform, today announced a strategic partnership with Optty, a global payments infrastructure provider, to expand the availability of Flooss’s digital financing solutions across merchant checkout experiences in the GCC. Founded in Bahrain by Fawaz Ghazal and Tariq Al Saffar, Flooss was established to address structural gaps in access to […]
Dubai, UAE – March 9 – ZagTrader, a global financial technology company powering institutional and digital market infrastructure, today announced an expanded connectivity capability that enables crypto exchanges to access institutional crypto order flow through Bloomberg EMSX, one of the most widely used execution management environments in global capital markets. With this capability, ZagTrader enables […]
Sharjah, UAE – Bank of Sharjah acted as Joint Lead Manager and Bookrunner in the successful issuance of a USD 600 million, five-year Sukuk for Omniyat Holdings, alongside other international and regional financial institutions. The transaction witnessed strong investor demand, with the order book reaching USD 1.8 billion, representing a three-times oversubscription. This robust participation reflects […]