Fintech bolsters Bahrain’s bid to revive finance hub status
Bahrain rose to prominence as a financial centre during Lebanon’s civil war more than 30 years ago, usurping Beirut as regional hub by positioning itself as a global offshore banking centre with easy access to Saudi Arabia. But Dubai wrested this position from the kingdom a decade ago. “Dubai stole the services sector away from Bahrain,” in the words of one banker. Despite the global financial crisis hitting both centres hard, the pro-democracy protests in 2011 dealt a furthe
Detroit FinTech Bay Announces Innovation Partnership with Autobooks
Detroit, Mich., October 4, 2018 -- Autobooks has officially joined Detroit FinTech Bay as an innovation partner, marking a pairing that puts support from both brands squarely behind fintech startups in the region. Autobooks, itself a Detroit-founded fintech startup, is in growth stage and has successfully completed two rounds of funding in two years. “Autobooks works hard to make business banking simple by partnering with financial institutions to offer innovative business ba
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