FinTech

    Rakeez Financial, a prominent player in Saudi Arabia’s fintech landscape, has recently announced the successful closure of a $2 million Seed Round investment led by CoreVision. This strategic funding round is poised to accelerate the growth and development of financial technology services within the Kingdom. At the forefront of this development is the Fintech Saudi initiative, a collaborative effort spearheaded by the Saudi Arabian Monetary Authority (SAMA) and the Capital Market Authority (CMA). Launched in April 2018, this initiative aims to propel the fintech sector forward,…

    Trampay, a cutting-edge FinTech startup committed to empowering Brazil’s burgeoning gig economy, has recently secured a substantial $250,000 pre-seed investment from Potencia Ventures, a renowned firm dedicated to fostering innovation within the gig economy landscape.  This strategic investment underscores Potencia Ventures’ recognition of Trampay’s potential to revolutionize financial services for gig workers, a demographic traditionally underserved by conventional banking institutions. Trampay’s mission centers on providing personalized financial solutions, including low-interest micro-loans and tailored employment benefits, specifically designed to meet the unique needs of gig workers in…

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