Topic: fintech expansion
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Saudi's UmrahCash Enters Indonesia via Sharia Partnerships
UmrahCash has launched in Indonesia with strategic partnerships to enhance the sharia fintech ecosystem for pilgrims, aiming to support millions undertaking hajj and umrah annually. The company provides secure, transparent, and sharia-compliant financial services, including direct access to Saudi...
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Pakistani Fintechs Chase Saudi Arabia's Vision 2030 Opportunity
Pakistan's fintech sector is expanding into Saudi Arabia, supported by Vision 2030 and stronger bilateral ties, with the goal of establishing Pakistan as a key regional IT hub. The Money 20/20 event in Riyadh acted as a launchpad for Pakistani firms, enabling business deals, investment attraction...
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Pine Labs Cuts IPO Valuation in Global Fintech Push
Pine Labs is proceeding with its IPO at a valuation of approximately $2.9 billion, which is about 40% lower than its previous private valuation of over $5 billion in 2022, and has reduced its fundraising target by 20%. The company has evolved from providing point-of-sale systems to offering a bro...
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