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United Arab Bank PJSC Launches Strategic Rights Issue to Raise up to AED 1.03 Billion
United Arab Bank PJSC ("UAB"), listed on the Abu Dhabi Securities Exchange (ADX) announced that it proposes to increase its issued share capital by an amount up to AED 1,031,275,325 (one billion thirty-one million two hundred seventy-five thousand three hundred twenty-five dirhams) from AED 2,062,550,649 (two billion sixty-two million five hundred fifty thousand six hundred forty-nine dirhams) up to AED 3,093,825,974 (three billion ninety-three million eight hundred twenty-five thousand nine hundred seventy-four dirhams) by way of the Rights Issue offered to the existing shareholders of the Bank. Further, United Arab Bank has published an invitation to its shareholders (the "Invitation") to subscribe for New Shares. Frequently asked questions relating to the Rights Issue will be made available on UAB’s website (http://www.uab.ae/) on or around today's date.
OakNorth Completes £7.5m Revolving Credit Facility to Aberdeenshire-based, Livestock Feed Manufacturer, Harbro, to Support Future Growth
OakNorth, the leading digital bank for entrepreneurs, by entrepreneurs, has provided a £7.5m revolving credit facility (RCF) to leading livestock feed manufacturer, Harbro.
OatFi Raises $24M to Build the Modern Credit Network for B2B Payments
OatFi, the API-first fintech infrastructure company modernizing how B2B payments are financed, today announced it has raised a $24 million Series A led by White Star Capital, with continued participation from existing investors Portage and QED.
Scalable Capital Receives €155 Million and Continues to Expand Its Digital Investment Platform
Scalable Capital has successfully completed a funding round, raising €155 million
Nomupay Raises $40m From Softbank to Unlock Key Japanese Market
Nomupay has entered into a significant partnership with Japanese payments solution firm SBPS in a deal worth $40m, at a $290m valuation.
Stitch Secures $10 million In Funding To Simplify Banking And Payments Innovation
Stitch (www.stitch.sa), the unified platform for launching and scaling financial products, today announced the successful closing of a $10 million seed round.
Vontive Unveils Its $150M Revolving Securitization and Adds Citi as Equity Investor
Vontive, the technology company standardizing the business-purpose mortgage, today announced an equity investment from Citi
Uplinq Secures $10 Million Series A to Revolutionize AI-Powered Bookkeeping and Tax Solutions for SMBs
Uplinq announced the closing of a $10 million Series A funding round.
Empathy Announces $72 Million Series C and Unveils Empathy Alliance
Empathy, the leading technology company transforming how the world plans for and manages life’s toughest moments, announced today a $72 million Series C
Kashable Secures $250 Million Credit Facility to Expand Financial Wellness Benefits Across American Workplaces
Kashable, a mission-driven fintech platform Redefining Credit for Working Americans as an employer-sponsored voluntary benefit, today announced the closing of a $250 million credit facility
Ceniarth Increases Impact Investment in Ethical Lending Fintech, Salad
Ethical lender Salad has secured a 67% increase in its facility agreement with Ceniarth
Dojo Announces Landmark Investment of $190 Million From Vitruvian Partners
Dojo has announced it has secured an investment of $190 million from Vitruvian Partners
Velocity Emerges From Stealth With $10M to Power the Velocity of Money
Velocity announces a $10M pre-seed funding round and emerges from stealth to launch the Stablecoin Payment Account. The round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, Digital Space Ventures and Preface Ventures. Strategic shareholders include current and former executives from Stripe, Worldpay, Visa, Circle, PayPal, and Google.
Palla Secures $14.5 Million Series A Funding to Drive Expansion and Innovation in Cross-Border Payments
Palla, an international payments platform that enables instant cross-border payments for global financial institutions and fintech firms, announced today that it has raised $14.5 million in a Series A funding round
Kholo Capital and Maia Capital Provide Catapult Group With R250 Million Mezzanine Debt Funding
Kholo Capital Mezzanine Debt Fund I (“Kholo Capital”) (www.KholoCapital.com) and Maia Capital Partners (“Maia Capital”) announced today that they have provided R250 million mezzanine debt funding to Catapult Group (“Catapult”) to fund growth capital expenditure and to refinance a portion of existing senior debt to create cashflow headroom for the business as it embarks on its next growth phase.
- Broadridge Appoints Ian Williams as Head of International Broadridge Trading and Connectivity Solutions Read more
- PingPong Partners with Visa to Launch Card to Account Payment Solution for Global Businesses Read more
- EXCLUSIVE: “Ten Years Old, All Grown Up” – Bryony Naylor, Money20/20 in ‘The Fintech Magazine’ Read more
- The Convergence of Real-Time Payments and Continuous Identity Assurance Read more
- Marker Trax, Koin Appoint Tiffany McGrath as Chief Marketing Officer Read more




