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SAUDI ARABIA FINTECH
Who is Kunal Shah? From selling FreeCharge for ₹2,800 crore to building CRED and now leading WhatsAppKunal Shah, the brainchild behind CRED, is set to lead WhatsApp globally following Meta's substantial $900 investment. Known for scaling CR...- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
- Charting the global economy: War fuels inflation, saps sentimentSurging fuel costs from the Iran war are driving a rapid increase in global inflation and a significant drop in consumer confidence.
- PE funds continue to stay upbeat on UAE despite West Asia conflictPrivate equity firms are investing in the UAE despite Middle East tensions. Blackstone committed $250 million to a new payments platform. N...
- Ex-Paytm exec Varun Sridhar joins Aspora as CEOVarun Sridhar, formerly of Paytm Services, has joined Aspora, a fintech platform for the Indian diaspora, as CEO of its wealth and lending ...
- Saudi fintech startup Tamara lands up to $2.4 billion financing dealThe Shariah-compliant package will refinance and increase a previous $500 million facility, Tamara said in a statement. The deal includes a...
- Paytm to expand to Saudi Arabia, UAE and Singapore; appoints former bureaucrat Bimal Julka to boardThe company plans to invest up to Rs 20 crore in each market to launch its merchant payment and financial services products, according to a...
- India, Saudi Arabia exploring collaboration in fintech, clean hydrogenIndia and Saudi Arabia aim to collaborate in fields like fintech, new technologies, energy efficiency, clean hydrogen, textiles, and mining...
- Hope India-GCC FTA becomes a reality 'very soon': OfficialSecretary (Consular, Passport & Visa and Overseas Indian Affairs) in the Ministry of External Affairs Ausaf Sayeed also shared that India i...
- Dubai Takes A Clear Lead In Mena Region's Financial InclusionThe financial technology startups are working wonders in Dubai and the United Arab Emirates UAE in ensuring financial inclusion and the clo...
- Working on PLI schemes for more sectors: Piyush Goyal"We came up with PLI for 14 sectors apart from semiconductor... We are willing to go the extra mile in other sectors. We are working on a f...
- MobiKwik appoints IndusInd Bank's Mukul Saxena as CEO of financial services, Zaakpay business unitsIn his new role, he will help the company scale its financial services and payment gateway businesses. Having achieved profitability in the...
- Robinhood, Coinbase product leaders invest in Stripe-backed ClearThe follow-on funding comes at a time when the company is looking to aggressively expand its presence across Saudi Arabia, the UAE and west...
- Saudi Arabian Islamic finance firm Nayifat plans Riyadh floatFalcom Holding, a Saudi firm which owns businesses in leasing and financing of vehicles, as well as brokerage services, investment advisory...
- Saudi Arabia's STC Pay gains digital banking licenceSaudi Telecom's STC Pay business will be converted into a digital bank with paid-up capital of 2.5 billion riyals ($666.7 million) after Sa...
- Stocks in the news: Infosys, Wipro, Tata Motors, SJVN, RITES and Tata ElxsiInfosys, Wipro, CESC, GTPL Hathway, Amtek Auto and 5paisa Capital are some of the companies will would announce their quarter results on We...
- UAE's Abu Dhabi's financial centre to sign MOU with Israel's securities authority on fintechAfter the United Arab Emirates (UAE) and Israel agreed to normalise relations in August, the two countries have signed a host of accords to...
- As petrodollars dwindle, banks in the Gulf look for new survival strategiesThe blowback of these measures taken to control the rampaging virus worldover was felt by major oil suppliers including the Gulf countries ...
- With gains from Oyo, SoftBank's Son sees profit surge amid scrutiny over Saudi tiesSoftBank Group Corp. founder Masayoshi Son is starting to see the benefits of his enormous technology investments.
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