Latest news and analysis on how technology is reshaping finance — from digital payments and neobanks to blockchain, lending, and financial innovation.
UAE-based fintech startup Omnispay has raised $2 million in a Pre-Series A funding round, led by Infinity Value Capital Group, as it looks to deepen its presence in the small and medium business (SME) payments and finance market across the Gulf region. The fresh capital will support Omnispay’s transition from a fast-settlement payments provider into … Read more
Bengaluru, January 2026: Mysa, a business-to-business fintech startup focused on automating finance operations for mid-sized enterprises, has raised $3.4 million in a fresh funding round co-led by Blume Ventures and Piper Serica. The round also saw participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures, and Neon Fund. … Read more
Riyadh, 27, January 2026: Vennre, a wealth creation platform focused on high earners who are not yet wealthy, has raised $9.6 million in a Pre-Series A funding round, comprising a mix of equity and debt. The round was co-led by Vision Ventures and the anb seed Fund, with participation from Sanabil 500, Ace & Co, … Read more
Juspay, a leading payments infrastructure company, has raised $50 million in a Series D follow-on funding round led by WestBridge Capital, pushing its valuation to $1.2 billion. The round includes a mix of primary and secondary investments, offering liquidity to early investors and employees holding ESOPs. This marks the second liquidity event for Juspay in … Read more
Bengaluru | January 2026: In a move to recognize and reward employee contribution, Cashfree Payments has launched an Employee Stock Option (ESOP) buyback program, benefitting more than 400 current and former employees, according to a report by The Hindu Business Line. The initiative, announced as the company celebrates a decade of operations, includes 175 former … Read more
Hong Kong, January 2026: Fintech giant WeLab has announced that it has raised $220 million in its Series D funding round, marking the largest digital banking fundraise in Asia in 2025. The round includes a combination of debt and equity, backed by prominent global and regional investors including Prudential Hong Kong, Fubon Bank (Hong Kong), … Read more
Jaipur, India — Jaipur-based non-banking financial company (NBFC) Namdev Finvest Private Limited has secured $37 million (approximately ₹324 crore) in fresh funding from a consortium of leading global investors including FMO, IIX, Franklin Templeton AIF India, and Symbiotics. The capital was raised through a combination of listed non-convertible debentures (NCDs) and external commercial borrowings (ECBs). … Read more
New Delhi, January 9, 2026: The Indian insurance sector, particularly health insurance, has witnessed a significant transformation in FY 2024–25. According to the IRDAI Annual Report 2024–25 (released in December 2025), the industry saw record claim settlements, improved efficiency, and a sharp rise in customer complaints — reflecting both scale and strain in one of … Read more
Dubai, UAE : Mashreq Capital (DIFC) Limited, a leading asset manager operating in the Dubai International Financial Centre (DIFC) since 2005, has announced the appointment of Andreas Anthis as Head of Multi-Asset & Absolute Return Strategies. The appointment underscores the firm’s strategic commitment to expanding its institutional-grade asset-management capabilities and enhancing its role across the … Read more
Upward, a leading fintech infrastructure platform provider, has announced the successful completion of its $8 million Series Seed+ funding round, co-led by Dundee Venture Capital and Breakwater Ventures Fund, with participation from Techstars, Altari Ventures, Cascade Seed Fund, and Outside Ventures. The new capital will strengthen Upward’s mission to make it faster and easier for … Read more
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
