Citi has announced the appointment of Tahany Taher as the new Head of Treasury and Trade Solutions (TTS) and Corporate, Commercial & Public Sector Sales (CCPS) for the United Arab Emirates (UAE). She will report directly to Vivek Vaidyanathan, TTS & CCPS Head for the Middle East and Pakistan. In her new role, Taher will … Read more
Daloopa, an AI-powered fundamental data platform trusted by top equity investment and research teams worldwide, has announced a strategic funding round of $13 million. The investment, led by existing and new backers including Pavilion Capital, comes at a pivotal moment as the financial services industry ramps up AI and Large Language Model (LLM) adoption. With … Read more
Global payment service provider Payop has announced a strategic partnership with Dragonpay, a leading Philippine-based payment platform, in a bid to simplify and expand digital payment accessibility across Southeast Asia. The collaboration aims to bridge the gap between global merchants and Filipino consumers by integrating localized and diversified payment solutions. Driving Financial Inclusion in a … Read more
Dubai | July 2025 — Mashreq, a prominent financial institution in the MENA region, has announced the appointment of Xi Liang as its new Head of Artificial Intelligence. With this strategic leadership addition, the bank aims to accelerate its artificial intelligence initiatives, focusing on enhanced customer experiences, operational efficiencies, and long-term innovation. A Visionary AI … Read more
Bahrain – July 2025:stc Bahrain, a leading digital enabler in the Kingdom, has announced a strategic partnership with Singapore Gulf Bank (SGB) Bahrain to deploy cutting-edge IT infrastructure and services aimed at enhancing the bank’s operational efficiency and customer experience. This collaboration reinforces stc Bahrain’s commitment to supporting Bahrain’s Economic Vision 2030, which focuses on … Read more
Insurtech platform Renewbuy has raised $10 million (approximately ₹86 crore) in fresh funding from its existing investors, Apis Partners, a London-based private equity firm, and 360 One (formerly known as IIFL Wealth). Funding to Support Business Operations and Growth According to an Economic Times report, the newly raised capital will be utilized to support Renewbuy’s … Read more
Capri Global Capital Limited (CGCL), a leading non-banking financial company (NBFC), has successfully raised ₹2,000 crore through a Qualified Institutions Placement (QIP). This marks the company’s first major capital raise in over a decade. The funds were secured by issuing around 136.5 million shares to Qualified Institutional Buyers (QIBs) in compliance with SEBI’s ICDR Regulations. … Read more
Warren Buffett, one of the most renowned investors of all time, has built his legacy on making well-calculated investment decisions. However, even the Oracle of Omaha is not immune to mistakes. One of the most notable examples of this is his tumultuous relationship with the airline industry. From initial optimism to complete divestment, Buffett’s investment … Read more
Navadhan, a leading rural fintech startup, has successfully raised ₹111 crore in a Series A funding round, surpassing its initial target of ₹80 crore. The funding round was spearheaded by NabVentures, with Prime Venture Partners as co-lead. Other notable investors like LNB Group, Varanium NexGen, and Gemba Capital also participated. The fresh capital will help … Read more
Nirvana Insurance, a leading AI-powered commercial trucking insurer, has raised $80 million in Series C funding, pushing its valuation to nearly $850 million. The funding round, led by General Catalyst, with continued support from Lightspeed Venture Partners and Valor Equity Partners, will drive Nirvana’s technological expansion and market growth in the fleet insurance sector. The … Read more
Leap Finance, the student lending division of Leap, has secured a $100 million debt facility from HSBC under its ASEAN Growth Fund. This follows Leap’s $65 million Series E equity raise in January, bringing its total funding to over $400 million. This new funding will support Leap Finance’s expansion in the U.S., strengthen university partnerships, … Read more
Jaipur-based Non-Banking Financial Company (NBFC), Namdev Finvest Private Limited, has successfully raised $38 million in debt funding from prominent Development Finance Institutions (DFIs). Key participants include Developing World Markets (DWM), BlueOrchard-managed funds (BlueOrchard Microfinance Fund and COVID-19 Emerging and Frontier Markets MSME Support Fund), and Mirova, marking a significant milestone in the company’s journey toward … Read more
India’s leading early-stage fintech-focused fund, IIFL Fintech Fund, has announced the successful closure of its Series II funding round, raising ₹200 crore from prominent family offices, UHNI, and HNI investors. The fund aims to invest in the next generation of fintech startups, including those exploring cutting-edge opportunities in the generative artificial intelligence space. Track Record … Read more
Flexera, a leader in technology spend and risk management, has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from NetApp, a pioneer in intelligent data infrastructure. This strategic acquisition aims to elevate Flexera’s ability to support organizations managing their multi-cloud cost and FinOps requirements across hybrid cloud, SaaS applications, and … Read more
India’s fast-evolving trade finance and MSME lending landscape has received a significant boost as BillMart, a leading digital lending platform, partners with EQARO Guarantees to transform business financing. With expertise in MSME lending, bill discounting, supply chain finance, and working capital solutions, BillMart is set to integrate EQARO’s trusted credit and financial risk guarantee solutions … Read more
Bangalore-based B2B supply chain digital lending platform, QuiD Cash, has announced raising USD 4.5 million in a funding round comprising equity and lending capital. The funding round saw participation from new investors, with MINTCAP, an existing investor, reaffirming its support. This funding follows the seed round raised in March 2024 and marks a significant step … Read more
