15 May 2026

Fintech firm Stitch secures $25m in Series A round 

Financial technology company Stitch has closed a $25m Series A funding round led by Andreessen Horowitz, also known as a16z.  The transaction is a16z’s first investment in the GCC and takes…

15 May 2026

FCA sounds alarm as AI reshapes financial crime

The UK’s Financial Conduct Authority (FCA) has cautioned that AI is accelerating the scale and speed of financial crime, posing threats to national security and economic stability. In his speech at…

14 May 2026

Bunq files for banking licence in Mexico

Neobank bunq has applied for a banking licence in Mexico with the Comisión Nacional Bancaria y de Valores (CNBV), in coordination with Banco de México (Banxico). The application would allow…

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