LeanTech SG

🔔 LeanTech SG Kuwait: Public Training Calendar 2024 📅 Nov & Dec 2024 📍 Location: Kuwait City This November, join us for an exclusive series of training sessions designed to enhance your expertise on Rapid Innovation, Digital Transformation, WealthTech, and more. 🔗 Seats are limited! Click here to register: https://wa.link/hb65ts

📈 Saudi Arabia's Venture Funding Evolution: A Remarkable Journey! 🚀 Since the establishment of Saudi Venture Capital in 2018, part of the SME Bank under the National Development Fund (NDF), the Kingdom's #venture funding landscape has seen a transformative surge. 🇸🇦 Funding crossed the $1Bn mark for the second consecutive year, rising by 33% YoY to $1.38Bn in 2023! 💰 With a staggering 6-year CAGR of 71%, venture capital investment in Saudi Arabia is on a solid growth trajectory. 📊 While the number of deals expanded from just 34 in 2018 to 125 in 2023, a slight dip was observed compared to the 157 deals in 2022. Curious to see the detailed trend? 👉 Check out the graph and witness the evolution firsthand! 📉

🤖 At LeanTech SG, we had the incredible opportunity to dive into the future of work at the The Financial Academy | الأكاديمية المالية Forum 2024, exploring AI-Powered Employee Experience Through Enhancing Productivity in Modern Workplaces. Guided by the insightful moderation of Hamish Madan, our esteemed speakers shared invaluable perspectives on: 🌟 Harnessing AI solutions to elevate employee experience, enrich work environments, and boost productivity. 🌟 The most effective AI-powered technologies to enhance training and development outcomes. 🌟 Employing analytical AI to measure and maximise workplace impact. A big thank you to the speakers: Hasan Hammad, Hatem Al-Ballaa, May AlHoshan, and Bader AlOtaibi!

The fintech landscape in the MENA region continues to evolve rapidly, driven by strategic partnerships and innovative solutions. In this edition of #NewswithLeanTech, we explore key developments that highlight how digital transformation and financial inclusion are shaping the future of finance in the region and beyond. ✨ Ripple secures Dubai Financial Services Authority (DFSA) approval to expand from DIFC, becoming the first licensed blockchain payment provider to offer cross-border solutions in the UAE. 🤝 Magnati partners with Wio Bank to provide fast business financing with automated EMI deductions, supporting the UAE’s economic growth goals. 💼 Warba Bank co-managed Qatar International Islamic Bank’s $300 million Sukuk and led Arada’s $150 million Sukuk Tap, both attracting strong global investor demand. 🔗 ATME, a Bahrain-regulated digital assets exchange, launches to tokenise real-world assets, offering businesses new capital-raising and investment opportunities. 💳 RAKBANK and Magnati launch a merchant financing platform for SMEs, offering loans and credit facilities powered by real-time POS data. The edition also features the likes of BankDhofar Valu TrueLayer Qatar Central Bank Central Bank of Oman

🌱 Our team at LeanTech SG had the pleasure of attending the The Financial Academy | الأكاديمية المالية Forum 2024, where an insightful panel explored The Role of Training and Talent Development in Achieving Sustainability. Moderated masterfully by Ali Aslan, the discussion delved into: 🌟 Pioneering strategies to weave sustainability into training programs. 🌟 Innovative models to identify the essential skills for fostering a sustainable culture. 🌟 Key tools to address today’s pressing environmental and social challenges. Grateful to the brilliant panelists: Ibrahim Al Howish, Gill White CDir, FIoD, Chartered FCIPD, Dr. Abdulrhman Fehan, and Dr. Ghadah Ben Baz, PhD Behavioral Economics and Rewards. 🌍 Saudi Central Bank – SAMA Capital Market Authority هيئة التأمين | Insurance Authority SNB Capital Bank AlJazira | بنك الجزيرة SAB BSF SAB Invest

Unlock the Future of Finance with Open Banking and Digital Partnerships Join our training programme to: 🔹 Master the foundations of open banking and how to leverage digital partnerships in the fintech ecosystem. 🔹 Build strategic alliances to enhance service offerings and drive business growth. 🔹 Explore the role of digital partnerships in creating seamless, customer-centric financial experiences. 🔹 Ensure compliance with global regulations while maximising the benefits of collaboration. 🔹 Transform your fintech business by integrating powerful partnerships and open banking strategies. Don't miss out. Take the first step towards innovation by connecting with our LeanTech team here 📞: wa.link/99by66

To drive a culture of innovation and digitization, banks need more than just new tech – it's about mindset 🌐. Embracing agile methods, cross-team collaboration, and customer-first solutions is key. AI, blockchain, and cloud are enablers, but fostering continuous learning is what makes them thrive 🚀. Ready to lead the change? Check out our training programs on AI, fintech, and digital transformation! 💡

🌐 Asset tokenisation is reshaping the financial landscape by offering new ways to fractionalise and trade assets. However, it comes with its own set of risks—ranging from regulatory uncertainty to technology vulnerabilities. Understanding these challenges is crucial for unlocking the full potential of tokenised assets without exposing yourself to unintended consequences. 🚀 Want to dive deeper into the world of #tokenisation? Explore our latest insights and stay ahead of the curve in digital finance!

The Saudi Central Bank (Saudi Central Bank – SAMA) has released the second phase of its Open Banking Framework, focusing on payment initiation services (#PIS) 💳. The first phase, centred on account information services (#AIS) 📊, launched in November 2022, with banks and fintechs in KSA required to be ready by Q1 2023. This latest release aims to standardise secure PIS offerings 🔒 and clarifies stakeholder responsibilities. Check out the timeline of SAMA's Open Banking Regulatory Initiatives now! ⏱️

Stay updated with the latest in fintech and finance! 🚀 In this edition of #NewswithLeanTech, we’ve curated all the key happenings within the MENA region and beyond in one spot, so you don’t miss a beat. Dive in for insightful updates, trends, and more! ✨ Emirates Development Bank (EDB) and ADIB - Abu Dhabi Islamic Bank partnered to support SMEs with a finance guarantee scheme, covering up to 50% of financing in key sectors. 🤝 PayerMax and SAB partnered to enhance digital payments and merchant onboarding, supporting Saudi Vision 2030's push for digital innovation. 💳 Mastercard and Amazon partnered to digitise payment acceptance across Africa and the Middle East, enhancing transaction speed, security, and checkout options in 40 regional markets. 🏦 ROSHN Real Estate Group secured a SAR 9 billion syndicated credit facility from top Saudi banks, including The Saudi National Bank - SNB and Riyad Bank, to support its five-year growth plan. 🌏 UAE-based Orient Insurance plans to expand into Australia, Egypt, and Saudi Arabia, with a focus on Takaful and life insurance, aiming to launch in Saudi soon after COVID-19 delays. This edition also features the likes of: PayerMax PayTabs Global ShipBlu Valu Truecaller Halan - حالا Dubai Insurance Co. Alfardan Exchange Neonomics Facit Bank Heimdal® emt Distribution META