Starling's SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.
Arat, the leading sukuk crowdfunding platform for SME realestate developers in Saudi Arabia has gone live with Moneythor, the global provider of personalised engagement and loyalty solutions, to drive activation and boost customer engagement.
FE fundinfo, a leading financial data company connecting the asset management industry to distribution networks in the UK, Europe and Asia Pacific, has continued its European expansion with the acquisition of Frankfurt-headquartered Dericon, a pioneering fintech in Germany's wealth management industry.
Wio Bank PJSC, the region's first platform bank built to serve tomorrow's customers, has announced its financial results for the fiscal year 2023, underscoring its rapid journey to profitability. As a leading choice for SMEs, the company reported a revenue of AED 266.4 million and a net profit of AED 2 million, marking its first full year of operations with impressive profitability since its launch in September 2022.
HSBC today announced the inauguration of its new U.S. headquarters at The Spiral, a renowned office building in New York City's Hudson Yards neighborhood, marking its largest U.S. relocation to date.
Leading insurtech specializing in connected insurance for commercial auto, Cover Whale announces $27.5 million funding in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.
A former managing director at Citigroup is suing the bank and COO for unlawful termination on the grounds of allegedly refusing to provide regulators with false information.