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Irish cybersecurity start-up Tines valued at $300m after raising $26m
Irish cybersecurity automation start-up Tines has raised $26 million (€21.9 million) giving it a market valuation of $300 million. Addition, an investment firm led by ...
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Malaysia’s Celcom and Digi finalizing merger talks
Malaysia-based companies Celcom Axiata and Digi.com has announced that they are finalizing talks on a merger to create the country’s largest telecommunications company. ...
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CBA fined with USD 7 mln for overcharging interest to customers
The Commonwealth Bank of Australia has been handed a USD 7 million fine for overcharging interest to customers. The Federal Court of Australia ...
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Rabobank and ABN Amro target privacy-friendly data analysis
ABN Amro and Rabobank are working with research outfit TNO to test technology that lets banks share data used for detecting financial crime ...
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Paxos applies for clearinghouse license from SEC
US-based stablecoin operator Paxos has announced applying for a formal license as a clearinghouse with the US Securities and Exchange Commission (SEC). According ...
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Stripe takes first step into Middle East with UAE expansion
Stripe, the $95-billion-valued paytech, has officially launched in the United Arab Emirates (UAE). The expansion, which will see the firm open a new ...
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SEBA Bank to list digital assets on SIX Swiss Exchange
Switzerland-based SEBA Bank, a FINMA-licenced bank, has announced it is listing a suite of digital-assets-based exchange traded products on the SIX Swiss Exchange. ...
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Egypt’s Paymob scoops $18.5 million in new funding
Egyptian digital payments provider Paymob is to further its expansion into Saudi Arabia and other Middle East markets after receiving an $18.5 million ...
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Absa Partners with AWS to Launch Cloud Computing Skills Incubator
Absa has launched a cloud incubator initiative in collaboration with Amazon Web Services (AWS) to enhance its cloud computing skills across its operations ...
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M-Pesa Africa Appoints New Managing Director
Safaricom’s M-Pesa Africa has appointed Sitoyo Lopokoiyit as its new Managing Director. He is a “mobile financial services expert who has directly managed ...