FinTech refers to software and other modern technologies used by businesses that provide automated and improved financial services. FinTech in our daily life is Mobile Payment apps, Cryptocurrency, and Blockchain like Bitcoin and Gemini. In the future, the range of FinTech services is predicted to transform the market even more with A.I. and machine learning
GlobalCorp, a leading non-banking financial institution in Egypt, announced the launch of its new B2C platform for lifestyle financing under the brand name ‘Ollin’. ‘Ollin’ will serve as a one-stop-shop and an ‘All-In’ platform for all consumer financing needs. The company will provide installment programs covering auto loans, mortgages, home finishing, education and tuition fees, healthcare, travel,
Kadmos, the end-to-end salary payments platform for cross-border employers, has raised €29m in a Series A funding round led by Blossom Capital. The investment round, which follows an €8.3m Seed round in December, also included existing investors’ Addition and Atlantic Labs. Kadmos is already working with several high-profile shipping companies and has built a robust
Many of fintech’s success stories are built upon businesses that would have traditionally been competitors coming together as collaborators to fix a specific problem, which has benefitted the industry and consumers alike. In today’s fast-paced environment, a ‘do-it-alone’ strategy does not always cut it. Historically a key trend that has underpinned the growth of the
Within just five months, creative technology contracting firm Vanti achieved 81% engagement with wellbeing benefits worth 10.8x its insurance premium. Driven by the award-winning YuLife app, the business has been building new cultural norms and supporting employees in a healthier lifestyle – here, they explain how, and why.
Mastercard announced the appointment of Adam Jones to lead its operations across the Middle East and North Africa (MENA) Central cluster in his new role as Country General Manager. Adam is responsible for Saudi Arabia, Egypt, Jordan, Lebanon, Bahrain, and Iraq markets. “I am delighted to be part of Mastercard’s journey with this new role
Money and possessions are evolving in an increasingly digital and virtual world, and financial jobs will also change to keep up. Here’s a look at some new roles those in the industry see emerging. In-House Bank Hacker Usually, bank security guards keep the bad guys out. How about security guards hired to break in? Large financial
Carving out your niche in the business world isn’t for the faint of heart. But after months and even years of planning, you’ve started to earn income as a new business owner. As an entrepreneur, you get the best of flexibility and earning potential plus some major financial responsibilities. Understanding your unique financial opportunity is
Mambu, a leading cloud banking platform, announced a global partnership with Visa to utilize Visa DPS, one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card issuing and processing. Both companies recognized the importance of interconnectivity to meet the growing demand
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The acceleration in digital transformation and digital adoption across all industries has raised customer expectations over the last few years. The way customers want to pay for or access services has changed for good, so insurers, just like all those in financial services, have to meet those expectations to stay competitive. Consumers were already getting
Leading FinTech startups are gaining popularity in the global financial sector with AI apps Artificial intelligence and other cutting-edge technologies are helping industries to embrace digital transformation efficiently. Similarly, the financial sector is adopting financial apps and other FinTech services through modern technologies. FinTech startups are ready to thrive in the financial sector with a
