KUWAIT CITY / NEW YORK: Blackstone (NYSE: BX), the world’s largest alternative asset manager, has announced plans to establish an office in Kuwait through the Kuwait Direct Investment Promotion Authority (KDIPA), marking a significant expansion of its presence across the Gulf Cooperation Council (GCC). The new office is expected to open in the third quarter of 2026 […]
Fintech News Media, People First (Private) Limited, and KOT Enterprises have officially signed a Strategic Joint Venture Agreement (MoU), marking the beginning of a collaborative partnership focused on advancing Pakistan’s fintech ecosystem through innovation, technology, media, business development, and knowledge-sharing initiatives. The partnership brings together three independent organizations, each contributing its unique expertise while maintaining its individual corporate identity […]
Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]
MGUSD is the foundation for a growing suite of financial services across the MoneyGram global network, with native issuance on Stellar and support from Bridge (a Stripe company), M0 and Fireblocks DALLAS and AMSTERDAM, June 3, 2026 — MoneyGram today announced the launch of MGUSD, a native U.S. dollar stablecoin and the foundation for a growing suite of financial services across […]
It comprises $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon. Anthropic said Thursday it has raised $65 billion at a post-money valuation of $965 billion as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation after the series H […]
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth. Since the 2024 presidential election, Kalshi has helped take prediction markets mainstream, as individual users have flocked to its platform to bet on sports, politics and more. Now the […]
Transaction combines Long Lake’s applied AI capabilities with Amex GBT’s marketplace, customer relationships and technology solutions to make business travel faster, smarter and more seamless for every traveler Amex GBT shareholders to receive $9.50 per share in cash, representing 65.1% premium to the 30-day VWAP Major shareholders collectively representing 69% of GBT’s shares have entered […]
US-based AI infrastructure company VAST Data has raised approximately $1 billion in a Series F round, reaching a $30 billion valuation. The round was led by Drive Capital, with Access Industries as co-lead, and participation from NVIDIA, Fidelity, and NEA. Founded in 2016 by Renen Hallak, VAST Data develops an AI Operating System that unifies […]
Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA […]
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