Fintech

Dubizzle Group Invests in UAE Rental Rewards Platform Tern

Dubizzle Group Invests in UAE Rental Rewards Platform Tern

Dubizzle Group has announced a strategic investment in Tern, a UAE-based rental rewards platform, integrating it exclusively into its Bayut and dubizzle property portals as part of a broader push to build out a full property ecosystem beyond search and discovery. The investment was made through Dubizzle Group Ventures, the…
Sam Reid By Sam Reid
22nd Jun 2026
Mena Startup Sovra Raises $2m in Pre-Seed Funding

Mena Startup Sovra Raises $2m in Pre-Seed Funding

Sovra, a fintech platform that gives people a dollar account they control entirely from their phone, has raised more than $2 million in pre-seed funding as it prepares for a public launch. The round was led by Pharsalus Capital, with participation from a group of regional and global angel investors,…
Sam Reid By Sam Reid
19th Jun 2026
Euroclear Welcomes Back Former French Finance Minister Eric Lombard to Board

Euroclear Welcomes Back Former French Finance Minister Eric Lombard to Board

Euroclear has appointed Eric Lombard to its Board of Directors as a non-executive director, marking a return to the board for the former French Minister of Economy, Finance and Industrial and Digital Sovereignty. Lombard previously served on Euroclear's board between November 2022 and December 2024, and brings more than four…
Sam Reid By Sam Reid
19th Jun 2026
CoinMENA and Standard Chartered Partner on UAE Payment Rails

CoinMENA and Standard Chartered Partner on UAE Payment Rails

CoinMENA FZE has signed a banking agreement with Standard Chartered to strengthen its fiat payment infrastructure, giving the VARA-licensed broker-dealer faster funding and more efficient settlement for its UAE customer base. The partnership centres on customer money account services and fiat payment rails, with Standard Chartered supporting CoinMENA's fiat on-…
Sam Reid By Sam Reid
19th Jun 2026
Kraken Launches Regulated Crypto Perpetual Futures for US Traders

Kraken Launches Regulated Crypto Perpetual Futures for US Traders

Kraken has launched regulated perpetual futures for customers in the United States, bringing one of crypto's most heavily traded derivatives products onshore after years of activity sitting almost entirely on offshore platforms. The contracts are available through Kraken Pro and are listed on Bitnomial, a fully CFTC-licensed derivatives business that…
Sam Reid By Sam Reid
16th Jun 2026
State Street Launches GENIUS Act-Compliant Fund for Stablecoin Issuers

State Street Launches GENIUS Act-Compliant Fund for Stablecoin Issuers

State Street Investment Management has launched a new money market fund built specifically to support stablecoin issuers, marking one of the first products designed around the United States' new regulatory framework for digital currency reserves. The State Street Stablecoin Reserves Money Market Fund is a registered Rule 2a-7 government money…
Sam Reid By Sam Reid
16th Jun 2026
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