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MENA

Vision Bank becomes operational with Finastra’s solution

Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading Fortune 500 global technology services provider, enabled Vision Bank, a Sharia-compliant, digital bank in Saudi Arabia, to launch the pilot...

#Finastra#treasury solutions#Vision Bank

Mastercard partners with CredibleX to enable SMEs to access...

Mastercard announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…

#CredibleX#Hassan Reda#Mastercard


J.P. Morgan and Deem Finance sign US$400m asset backed...

Deem Finance LLC (Deem), a specialised finance provider regulated by the UAE Central Bank, has entered into a pioneering asset-backed…

#Ahmed Khizer Khan#Deem Finance#J.P. Morgan


Valu secures EGP463.3m receivables securitised bond with EFG Hermes

Valu, MENA’s leading financial technology powerhouse, has completed its 14th securitised bond issuance, valued at EGP 463.3m (approx. U$9.4m), in…

#MENA#receivables securitisation#Valu


Saudi EXIM signs three reinsurance agreements with global insurers...

The Saudi Export-Import Bank (Saudi EXIM) has signed three reinsurance agreements with Allianz Trade, Bpifrance, and American International Group (AIG).…

#AIG#Allianz Trade#Bpifrance


IFC and Attijariwafa bank Egypt partner to support SMEs

IFC and Attijariwafa bank Egypt (AWB Egypt) announced a partnership to bolster the Bank’s capital position and help it deliver…

#Attijariwafa bank#IFC#sme finance


Flow48 secures US$69m Series A funding to expand into...

Flow48, a fintech company specialised in invoice and revenue finance for SMEs located in emerging markets, has successfully closed a…

#fintech#Flow48#sme finance


RAKBANK and Faturalab partner to transform supply chain finance...

RAKBANK, one of the UAE's oldest banks, has announced a strategic partnership with Faturalab, a leading Turkey’s provider of smart…

#Faturalab#Rakbank#supply chain finance


Al Masraf partners with Finneva to develop SCF for...

Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed a strategic partnership with Finneva Information Technologies LLC…

#Al Masraf#Finneva#scf


UAE’s Invest Bank onboards Veefin Solutions to digitise their...

Invest Bank, one of UAE’s leading financial institutions, has onboarded Veefin Solutions, a leading provider of digital supply chain finance…

#Edris Al Rafi#Gautam Udani#Invest Bank


Mashreq and NEO PAY launch PoS lending for UAE...

Mashreq, one of the leading financial institutions in the MENA region, has announced a collaboration with NEO PAY, the UAE’s…

#Mashreq#NEO PAY#PoS lending


Al Rayan Bank selects Finastra solution for enhanced Islamic...

Finastra, a global provider of financial software applications, today announced it has been selected by Al Rayan Bank, one of…

#Al Rayan Bank#Finastra#Finastra Essence

Forus secures $60m to expand working capital finance in...

Major Funding Milestone Forus, a leading Saudi debt crowdlending platform specialising in working capital solutions for SMEs, has secured a…

#Fasanara#Forus#working capital finance

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