Tag: Funding

The Dubai International Financial Centre (DIFC) has invested in four fintech start-ups including two which offer Shariah compliant services — remittance platform...

The subsidiary of a government-backed agency has invested millions of dollars into Islamic robo-advisor Wahed Invest, bolstering the New York-headquartered start-up’s US$100 million valuation. Without...

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...

A Canadian Islamic fintech start-up is looking to expand beyond Toronto and into the US as it builds its product pipeline, anchored by a...

Despite concerns over the reverberations that could engulf start-up investments as triggered by the collapse of private equity giant Abraaj, there is optimism that...

Three years since taking its first step toward becoming a regulated entity, Shariah compliant Rain has become the first digital currency exchange in the...

Kuala Lumpur-headquartered digital savings platform, HelloGold, has begun approaching international investors for its pre-series B funding round as it continues to expand its international...

Malaysia’s first Islamic tech venture capital (VC) firm is giving itself until the end of the 2019 to raise RM100 million (US$24.19 million) but...

Russia’s largest bank by assets has acquired a 25% stake in the nation’s first artificial intelligence (AI)-driven Zakat chatbot, further cementing its commitment to...

An Islamic financing start-up has raised CA$1.15 million (US$875,344) in seed financing setting the foundation for the Toronto-based company to launch in the third...