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Mashreq Capital appoints Andreas Anthis as Head of Multi-Asset & Absolute Return Strategies

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Andreas Anthis. Image Courtesy: Mashreq Capital

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 Raises $8 Million to Accelerate Fintech Innovation and Partners with Mastercard to Simplify Embedded Financial Solutions

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Upward co-founder Danielle Hill (left) and Aaron Gregory. (Upward Photo)

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 Appoints Tahany Taher as UAE Head of Treasury and Trade Solutions & Corporate, Commercial & Public Sector Sales

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Tahany Taher

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 Secures $13 Million to Power Accurate AI-Driven Financial Research

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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

Payop Partners with Dragonpay to Strengthen Digital Payment Ecosystem in Southeast Asia

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Payop_x_Dragonpay

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

Mashreq Appoints Xi Liang as Head of Artificial Intelligence to Lead Strategic AI Innovation

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Mashreq Appoints Xi Liang as Head of Artificial Intelligence to Lead Strategic AI Innovation

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

stc Bahrain Partners with Singapore Gulf Bank Bahrain to Deliver Advanced IT Infrastructure and Digital Banking Solutions

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stcbahrain_singaporegulfbank

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

Renewbuy Secures $10 Million in Fresh Funding Ahead of Planned Merger with InsuranceDekho

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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 Raises ₹2,000 Crore via QIP to Fuel Growth and Innovation

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Capri Loans

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

The Investment Journey of Warren Buffett: Lessons from Airline Stocks

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Warren Buffett

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 Secures ₹111 Crore in Series A Funding to Empower Rural Entrepreneurs

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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 Secures $80M Series C to Revolutionize AI-Driven Commercial Trucking Insurance

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Nirvana Insurance

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 Secures $100M Debt Facility from HSBC to Expand Global Education Loans

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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

Namdev Finvest Secures $38 Million in Debt Funding to Empower Rural and Semi-Urban Borrowers

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Namdev finvest

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

IIFL Fintech Fund Closes Series II with ₹200 Crore to Boost India’s Fintech Growth

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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 to Acquire Spot by NetApp FinOps Business, Expanding Multi-Cloud and FinOps Capabilities

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Flexeraa founder

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