News

Bano Pty Ltd was issued an Australian Financial Services Licence (AFSL) by The Australian Securities and Investments Commission (ASIC). “With the AFSL, we are able to strive for our mission of facilitating a healthier relationship between our users and their...

Paysharp, an India-based B2B payments company, recently announced that it has received the Reserve Bank of India’s (RBI) nod for Payment Aggregator In-Principle License. Krishna Kumar Mani, cofounder and CEO of Paysharp shared in media statement, “It was great news...

Abu Dhabi’s entrepreneurship ecosystem, Flat6Labs, the MENA region’s seed-stage program and early-stage venture capital firm, and Wio Bank, the region’s first platform bank, have signed a Memorandum of Understanding (MoU). Under the agreement, start-ups from Flat6Labs Ignite, a specialised seed...

According to the head of the International Monetary Fund, 2023 will be a challenging year for a third of the global economy as the primary drivers of global development, Europe, the United States, and China, all see diminishing activity. IMF...

Verisk has agreed to acquire Sweden-based InsurTech Mavera. This addition accelerates Verisk’s expansion in Continental Europe and supports its growth as a technology and analytics partner to the global insurance industry. Mavera, which was founded in 2008, has established a...

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 Argo’s mining machines located...

Abu Dhabi Islamic Bank, a financial institution, announced the launch of the region’s first tokenised, contactless payment methods through the options of clasp and ring ‘ADIB PAY’, in partnership with token enablement service provider Tappy Technologies and global digital...