Banking

Botim Launches IBAN-Enabled Wallets to Expand Financial Inclusion in UAE

Botim Launches IBAN-Enabled Wallets to Expand Financial Inclusion in UAE

Botim Money has launched IBAN-enabled wallets in the UAE, allowing eligible users to obtain a virtual IBAN in their own name and access a broader range of regulated financial services directly through the app. The launch is introduced under the Central Bank of the UAE's (CBUAE) Universal Accounts Framework and…
Sam Reid By Sam Reid
30th Jun 2026
Tabby Secures Consumer and SME Finance Licences from Saudi Central Bank

Tabby Secures Consumer and SME Finance Licences from Saudi Central Bank

Tabby, the UAE-founded financial services app, has been granted a consumer finance licence and an SME finance licence by the Saudi Central Bank (SAMA), expanding what it can offer customers and merchants across the Kingdom beyond its existing buy now, pay later (BNPL) product. The new licences allow Tabby to…
Sam Reid By Sam Reid
30th Jun 2026
Emirates NBD Completes $2.75bn Acquisition of Majority Stake in India's RBL Bank

Emirates NBD Completes $2.75bn Acquisition of Majority Stake in India’s RBL Bank

Emirates NBD has completed its acquisition of a 60% majority stake in India's RBL Bank through a primary capital infusion of approximately $2.75 billion, closing one of the most significant cross-border banking transactions in Indian financial history. The deal, first announced in October 2025, received all required regulatory approvals before…
Sam Reid By Sam Reid
18th Jun 2026
Barclays to Acquire Kids' Money Management Platform GoHenry

Barclays to Acquire Kids’ Money Management Platform GoHenry

Barclays has agreed to acquire GoHenry, one of the UK's most recognised youth banking brands, in a move that signals the high street giant's ambitions to deepen its relationships with families and capture customers from as early as six years old. The deal, struck with US fintech company Acorns, will…
Sam Reid By Sam Reid
13th Jun 2026