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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