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Argo Blockchain sells Texas facility to Galaxy Digital for $65m

Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million and refinance its asset-backed loans. Additionally, Galaxy has agreed to host Argoโ€™s mining machines located...

Group-IB and sirar by stc sign agreement to bolster cybersecurity in KSA

Group-IB, one of the global leaders in cybersecurity, announced that it has signed a partnership agreement with sirar by stc, a Saudi cybersecurity provider. The agreement paves the way for Group-IB to provide its full stack of threat-hunting and intelligence...

MUFG Bank to invest $200m in Jakarta-based fintech Akulaku

MUFG Bank, a subsidiary of Japanโ€™s Mitsubishi UFJ Financial Group (MUFG), has announced an investment of $200m in Jakarta-based banking and digital finance platform Akulaku. Founded in 2016, Akulaku is a fintech firm that provides digital financial services in Indonesia...

CellPay partners with MoneyGram to expand bill payment options in US

Telecommunications company CellPay has partnered with American financial services company MoneyGram to expand bill payment alternatives for customers across the US. Under the partnership, MoneyGram customers can gain access to more bill payment alternatives via retail and digital channels to...

Dubai Commerce Chamber forms Fintech, Payments Biz Group

The Dubai Chamber of Commerce has announced the formation of a new Fintech and Payments Business Group with the goal of uniting businesses of all sizes operating in these fields in order to foster collegial discussion, advocate for legislative...

SaaS Platform for Supply Chain Finance Skyscend Joins Visa’s Fintech Fast Track Program

Skyscend Inc., an SaaS platform provider for supply chain finance, announced that it has joinedย Visaโ€™s Fintech Fast Track Program, speeding up the process of integrating with Visa, โ€œallowing Skyscend to more easily leverage the reach, capabilities, and security that...

Flipkart completes full separation of PhonePe

Flipkart and PhonePe announced the full ownership separation of PhonePe, one of Indiaโ€™s largest digital payments platforms. Establishing these businesses as individual entities will allow both to chart their own growth paths, as they continue building offerings that provide...

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