In a bid to tap into the booming Islamic finance sector, U.S.-based Alpaca, a self-clearing broker-dealer and brokerage API provider, has joined forces with ZAD, a Kuwait-headquartered investment platform specializing in Shariah-compliant U.S. stocks and ETFs. The partnership is set to accelerate access to compliant investment products in the Gulf region—and potentially far beyond.
The tokenization of real-world assets (RWAs) is no longer a buzzword—it’s becoming the infrastructure play of the next financial era. Case in point: Dubai-based Byzanlink has just raised $1 million in a private round, backed by Outlier Ventures, NTDP Saudi, Smart IT Frame, and several high-profile angels.
Voya Investment Management (Voya IM), the asset management arm of Voya Financial, Inc. (NYSE: VOYA), today announced a series of strategic leadership changes aimed at aligning its investment capabilities with long-term client needs and continued business growth. These appointments and transitions reflect Voya IM’s ongoing focus on innovation, leadership continuity, and client-centric investment expertise.
Värde Partners, a global alternative investment firm specializing in credit and credit-related assets, has launched a dedicated fund finance platform. This new initiative extends the firm’s long-standing expertise in asset-based finance to address the increasing demand for subscription lines (“sublines”) and related fund finance solutions. The platform marks a significant milestone in enhancing structured finance capabilities for borrowers and bank partners alike.
Brazil’s instant payment system, Pix, used by over 170 million consumers, today takes a bold step forward with the launch of Pix Automático -a recurring payments feature designed to expand financial access and fuel digital commerce. This new capability is expected to significantly benefit subscription-based global platforms such as SaaS providers and streaming services, enabling…
Wealthbox, the top-rated CRM platform for financial advisors, has announced a $200 million majority investment from Sixth Street Growth, signaling a major inflection point for the company as it scales product development, AI innovation, and enterprise adoption
Parlay Finance, the AI-driven Loan Intelligence System (LIS) startup, has raised $2 million in seed funding led by JAM FINTOP. This investment will help Parlay scale its technology, targeting a $1.4 trillion opportunity in small business lending by empowering community banks and credit unions to lend more efficiently and profitably
In the complex landscape of third-party risk management, organizations have long struggled with the laborious and error-prone process of managing Certificates of Insurance (COIs). Vertikal Risk Management Solutions (RMS), a leader in this domain, is proud to announce a groundbreaking advancement: the launch of Hawk-I.
Kashable, a mission-driven fintech platform redefining credit for working Americans through employer-sponsored voluntary benefits, announced the closing of a $250 million credit facility. This financing supports Kashable’s continued delivery of affordable credit and financial wellness solutions and its expansion to employers across the U.S.
Curated Wealth Partners, a leading multi-family office and investment management firm catering to ultra-high-net-worth clients, has announced the appointment of Nellie Keyhani as its new Director of Client Advisory. With nearly two decades of experience, Ms. Keyhani brings valuable expertise in wealth management, estate planning, and family governance to the firm.
