Archive | News

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Saudi Arabia to go live with Open Banking in Q1 2023

I saw today via lots of social media posts that SAMA, the Saudi Arabian Central Bank has announced more details on it’s open banking framework – together with an intention for services to go live during the first quarter of 2023. This is an exciting move for one of the GCC’s biggest markets. You can […]

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Ruba: Helping Kuwaiti parents spread the cost of school fees

I liked this note from wamda about the pre-seed round of new Kuwaiti FinTech, Ruba: Fintech startup Ruba, a platform that aims to make education accessible to all, announced that it has raised an undisclosed amount in an oversubscribed pre-Seed funding round. Ruba addresses a pain point in relation to school fees. Currently, parents pay […]

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My favourite FinTech: Nutmeg

At the moment I’m not enjoying looking at any investment products because you know the answer is ‘negative’. Such is the fickle reality of markets, especially in these turbulent times. That being said, I thought I’d kick-off my ‘Favourite FinTech’ feature by saying ‘thank you’ to Nutmeg for getting me started personally with robo-advised-investments, properly. […]

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NatWest launches BaaS (“Banking as a service”) with Vodeno

NatWest launches BaaS (“Banking as a service”) with Vodeno

This one caught my eye in Finextra today: UK high street bank NatWest has teamed up with European software vendor Vodeno Group to launch a Banking-as-a-Service (BaaS) business for the UK market. The partnership will aim to bring together NatWest’s banking licence and technology with Vodeno’s cloud-based technology platform to target UK businesses and banks. […]

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Starboard Card: The FinTech for the Super Yacht Owner

One of my favourite examples of how FinTech can help to drive change across the financial ecosystem is Starboard Card. Although it’s yet to launch formally (the website says ‘launching 2022’) it’s been recently publicised and I love the idea. The service – as the name alludes – is aimed at owners of (super) yachts […]

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Children-focused FinTech, GoHenry, raises $55m

Congratulations to the team at GoHenry for closing their latest funding round. The fact they’ve managed to do so in rather difficult economic circumstances is a testament to the business they’re building. I’m a customer – or, technically, our two boys are customers, and we’re delighted with the service. I’m especially pleased with their ‘money […]

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Four years later…

It’s been nearly four years – almost to the day – since I last posted. I stopped publishing because of a specific commercial commitment with a company I was working for. It was right and proper that I did so – but almost every day I have been pained by the requirement. It’s not a […]

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DIFC funds FlexxPay, Go Rise, Now Money & Sarwa

I was sure it was only a $10m fund! But, it must have been a typo when I wrote about this in March last year. Anyway, this is exciting. More investment news! Congratulations to newly funded companies FlexxPay, Go Rise, Now Money and Sarwa! More details on them all below… The Dubai International Financial Centre […]

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An update on UAE-based BNPL provider Tabby

Fintech News AE has published a brief overview of the user journey for Tabby. It makes for interesting reading if you’re keen to see how they are structuring things. Tabby is a provider of instant credit to consumer shopping at online and offline retailers, operating in the United Arab Emirates (UAE) and Saudi Arabia. Source: […]

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Buy Now Pay Later: Tabby to launch in UAE shortly

Well, this is interesting. The buy-now-pay-later space has been a hot one for quite a while so it’s no surprise that we see new launches in the Middle East. Congratulations to founder Hosam Arab for raising $2m seed to kick things off. Bring on the launch! Tabby has raised $2 million in seed funding to […]

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