Tagged: irfan khan

mmob, an Embedded Finance Provider, Raises £5 Million Seed Round

mmob, a UK-based embedded finance provider, has raised £5 million in seed funding, according to a statement by the company. Founded in 2020, mmob is led by founder and CEO, Irfan Khan. mmob reports that a group of angel investors, as well as HNW individuals… Read More

iwoca Joins mmob to Allow Banks to Embed and Offer Alternative Lending Options

mmob has announced the inclusion of iwoca into its network of digital lending providers. According to a company release, the partnership will enable banks and other financial institutions to embed small business loan provisions into their digital ecosystems. Since 2012, iwoca has provided access to… Read More

UK’s Open Finance Platform mmob Receives FCA Approval for Payment, Account Info Service Provision

mmob, an Open Finance partnership platform, has announced that it has received authorization or approval from the UK’s Financial Conduct Authority (FCA) for Payment and Account Information Service Provision. The approval from the United Kingdom’s regulatory authority validates mmob’s progressive business model and embedded finance… Read More

Property Investment Platform Yielders Receives Pre-Series A Funding, Gains Additional Regulatory Approval

Yielders, a property investment platform based in the UK that is also the first FCA regulated Islamic Fintech, has closed on a pre-series A funding round. Exact terms of the deal were not revealed. The capital infusion comes at the same time that Yielders is… Read More

UK based Islamic Crowdfunding Platform Yielders Receives Islamic Economy Award

The UK’s first FCA regulated Islamic Fintech platform, Yielders, has been awarded the Islamic Economy Award in the Money and Finance category. The Islamic Economy Award is overseen by Thomson Reuters and the Dubai Islamic Economy Development Centre. The Award recognises innovative world-class business initiatives… Read More

Yielders Says Non-Muslims Make Up One Third of Platform Users

Yielders, and Islamic crowdfunding investment property platform, is out with a note saying non-Muslims now make-up over a third of users on the site. Yielders is a UK-based Fintech platform that offers ethical and Sharia compliant property investment through crowdfunding. The company said that a growing… Read More

Yielders Claims UK’s First Islamic Fintech Firm to Receive Full Authorization by the FCA

London-based fintech firm, Yielders, announced on Monday it is now regulated by the Financial Conduct Authority (FCA). The company claims it is the UK’s first ever Islamic fintech firm to be directly authorized by the FCA and the milestone shows significant validation by the supervisory body of… Read More

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