Global artificial intelligence market size in fintech expected to reach USD41 billion by 2030
The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030.
BankiFi secures £4 million investment for North American expansion
Embedded banking solutions provider BankiFi has secured £4 million for its North American expansion led by Praetura Ventures.
UAE startup Appro launches to streamline and simplify retail banking application processes
SC Ventures has announced the launch of Appro, a fintech startup that digitises, streamlines and simplifies the retail banking user journey.
India’s Beams Fintech Fund looks to expand into the UAE and beyond
Beams Fintech Fund is looking to expand globally and sees the UAE as well positioned to be the international hub.
Dubai Buy Now Pay Later fintech Tabby secures $150 million credit facility
Dubai fintech Tabby has announced a $150 million credit facility with Atalaya Capital Management and existing investor Partners for Growth.
BankiFi appoints Tom Shen as Chairman of the Board to lead expansion globally
BankiFi, a leading provider of embedded banking solutions, has appointed Tom Shen as chairman of the company’s global Board of Directors.
“Global Finance”: The UAE leads “fintech” regionally
Global Finance magazine stated that the UAE leads the Middle East and North Africa region in adopting the fintech.
UAE consumers embrace digital payments: Mastercard’s New Payments Index 2022
Mastercard’s New Payments Index 2022 found that 88% of people in the UAE have used at least one emerging payment method in the last year.