EQIQ Invests $3 Million in InstaBank to Launch Iraq’s Next-Generation Digital Bank

UAE-based VC fund EQIQ has invested $3 million in InstaBank, a new AI-powered digital bank in Iraq, as part of a $15 million funding round. Led by finance veteran Hussain Qaragholi, InstaBank aims to transform Iraq’s financial sector with scalable, inclusive fintech services and serve as a core pillar of EQIQ’s regional digital ecosystem strategy.

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Benefit Reaccredited with Upgraded ISO 27001:2022 and ISO 22301:2019 Certifications

Benefit has successfully renewed its ISO 27001:2022 and ISO 22301:2019 certifications, demonstrating its commitment to stringent information security and business continuity standards. The zero non-conformity audit result highlights Benefit’s robust cybersecurity framework and operational resilience, boosting stakeholder confidence in its fintech services.

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Fawry Partners with Truecaller to Enhance Customer Communication and Security

Fawry has partnered with Truecaller to provide a more secure and transparent calling experience for its customers. The collaboration enables instant recognition of incoming calls, enhanced branding, and personalized call context. This partnership aims to build customer trust and improve engagement by leveraging Truecaller’s advanced customer experience solutions.

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