Tarabut Gateway lands $32m in Series A funding
With the new funding, the Dubai-based firm plans to expand its footprint in Saudi Arabia.
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With the new funding, the Dubai-based firm plans to expand its footprint in Saudi Arabia.
The new offering will allow businesses in the region to integrate digital payments into their operations.
The consortium is made up of CVC Capital Partners and global tech investment firm Francisco Partners.
The corporate digital banking platform unifies trade, supply chain finance, lending and treasury services.
Chief sustainability officer of FAB talks about the critical role of banks in supporting an ESG agenda.
Ong joins from UK digital mortgage lender Molo, where he spent three years as COO.
The CBDC initiative will look at a range of use cases across domestic and cross-border use.
According to both firms, the partnership is the first between a bank and a fintech in Saudi Arabia.
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
Goodrich will lead the data engineering, predictive analytics, credit risk and fraud functions across Ezra.