Monday, October 26, 2020
Tags Alternative Finance

Tag: Alternative Finance

Orpheus Capital: Alternative digital finance for the underbanked

Orpheus Capital was established in June 2020 aiming to serve underbanked SMEs by providing swift access to cash flow.

Saudi’s e-commerce boom attracting Shariah compliant fintech start-ups

The Saudi government’s aggressive push to develop its e-commerce sector for its cash-rich citizens in a bid to divorce itself from its...

Fintech start-up cashew ready to tap Saudi and UAE markets with Muslim-friendly offering

Two years in the making and US$5 million invested, digital finance platform cashew (Cashew Payments Technology) has finally launched in Saudi Arabia...

Manzil exceeds equity financing target; rolls out new product

Canadian fintech start-up Manzil is maintaining its steady growth momentum with new investments and a new product. Initially looking...

Manzil seeking equity financing

Islamic fintech start-up Manzil, which closed a CA$1.15 million (US$851,278) seed round in May 2019, is looking to raise CA$300,000 (US$222,073) in...

Lembaga Tabung Haji receives greenlight to invest via Investment Account Platform

Previously restricted, Malaysia’s Hajj pilgrim fund will now be able to park money into investment accounts and is likely to invest into...

Fintech start-up Manzil launches Canada’s first Halal mortgage fund

Canada's Islamic fintech firm Manzil has launched the country's first income Halal mortgage fund, an investment vehicle established to meet the investment...

Malaysia’s bank-mediated Islamic fintech platform to go international with Saudi multilateral partnership

Nine months in the making, Investment Account Platform (IAP) has signed a collaborative agreement with the private sector arm of the Islamic Development Bank...

Jibrel unveils private financing platform

Jibrel Network, which was recently accepted into the Abu Dhabi Global Market RegLab program, has launched its private blockchain-based financing platform, Jibrel.com. The Swiss...

NowPay reveals successful seed round

NowPay, a fintech start-up established earlier this year on a Shariah compliant proposition, confirmed it has raised US$600,000 in seed funding from 500 Startups...

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Singaporean BaaS platform targets Halal market

Driven by strong client demand, RootAnt, a Singapore-based technology enabler of the Banking-as-a-Service (BaaS) technology, will be introducing Shariah fintech solutions for...

Orpheus Capital: Alternative digital finance for the underbanked

Orpheus Capital was established in June 2020 aiming to serve underbanked SMEs by providing swift access to cash flow.

Beyond basic banking: Insha secures seed funding; plans expansion and Islamic investment product debut

After providing basic banking services for the last two years, Germany’s only digital Islamic bank will be rolling out Shariah compliant investment...

ADIB eyes robo-advisory

One of the largest Islamic banks in the UAE is exploring robo-advisory offerings as part of its wider digital strategy which has...