10/15/2018
That start-up you love is probably funded by Saudi oil wealth
It shouldn't be terribly surprising that a country with vast oil wealth is pouring money into high-growth tech companies in an effort to diversify away from the fossil fuel.
Innovation & Startups
10/15/2018
Bank of Beirut Implements Wolters Kluwer’s IFRS 9 Solution
The accounting standard replaces the IAS 39 standard and came into effect at the start of the year.
10/12/2018
Bermuda — At Home in the Innovation Nation
Bermuda boasts a very sophisticated professional services market so it was pretty easy to stand ourselves up quickly and correctly.
10/11/2018
Africa Prudential Seeks Technology Adoption
AfCFTA will create opportunities for greater bargaining power and employment creation on the continent
10/10/2018
Dubai launches its first investment week amid record foreign inflows
The event, focused on new technologies and private-public partnerships, is aimed at attracting more private investment to boost growth and job creation amid soft employment figures.
10/09/2018
Chinese hedge fund manager launching decentralized venture capital ecosystem
An Incubation Committee made up of 21 SuperNodes will then jointly decide on whether a project will be approved for incubation. Once chosen, funds will be allocated and distributed through SNC’s Foundation.
10/09/2018
London-based PropTech startup Goodlord secures £7 million additional funding with new CEO
The new funding will be used to build new products, grow its customer base, and invest in the further development of Goodlord’s proprietary technology to achieve its mission of making renting simple and more transparent for letting agents, tenants a
10/09/2018
GTBank Leading the Digital Banking Race in Africa—The Economist
GTBank has been the major driver of digital banking in Africa.
10/09/2018
Kapture CRM expands to Bahamas
Our goal is to become the biggest CRM provider in Bahamas by 2020.
10/09/2018
Aspire Systems announces the Launch of DYOB, a Digital Banking Ecosystem for Ultra-Personalization
DYOB, an ultra-personalized service for customers is being launched to offer banks a digital ecosystem that lets customers control their own banking experiences
10/05/2018
Zurich launches new adviser portal
Feedback has been that this was one area where some of our competitors have gained an advantage
10/04/2018
RBS and Santander take stakes in UK software start-up Vizolution
The two lenders are taking stakes in a software start-up which pledges to "streamline customer journeys", Sky News learns.
10/04/2018
Agusto & Co. Launches Digital Banking Satisfaction Index
The Index is expected to give banks in Nigeria insights and suggestions on ways to enhance customer experiences on digital banking platforms
10/02/2018
Greenlight Capital Re Announces Strategic Investment In Blockchain Business Galileo Platforms
Greenlight Re Innovations believes that in the new digital ecosystem, blockchain has the potential to dramatically restructure the way insurance is distributed.
10/01/2018
Afin creates fintech marketplace and sandbox to tackle financial inclusion
These firms have been charged with applying the framework to "support the transition of FIs towards API architecture and collaboration with other participants in the marketplace".
10/01/2018
Balderton partners enjoy £12m profit from new fund
The profits only account for part of the business.
10/01/2018
Omar Sultan AlOlama inaugurates EITC’s Idea Hub that is set to transform the digital services landscape in the UAE
This hub comes in part as EITC works to provide integrated ICT service, connecting people, knowledge, devices and information in support of the UAE Artificial Intelligence Strategy 2031 - UAE AI Strategy 2031.
09/30/2018
Why the ultra-rich are backing startups
Startup founders say that family office investments work well in seed and angel stages and in sectors where the investor has market knowledge.
09/28/2018
Nikko Asset Management and ARK Investment Management launch disruptive innovation UCITS fund
ARK is an affiliate of Nikko AM via an equity stake
09/27/2018
SBI Ripple Asia gets license for blockchain-based money app
The plan is now for the app to go live with SBI Net Sumishin Bank, Suruga Bank and Resona Bank this autumn.