🚀 The New Leadership Duo

What we’ll cover today:

💸 Paystone acquires Ackroo for $21M.

🌍 Uzbekistan introduces its first fully digital SME banking solution.

🚀 Finova appoints new leadership to fuel its fintech ambitions.

💪 DORA brings resilience mandates to secure fintech’s future.

🏝️ Fintech Islands 2025: The must-attend Caribbean fintech conference.

Finova Appoints New Leadership Duo 🚀

Finova, a fintech innovator, welcomes Paraag Dave as its new CEO and Rowan Clayton as Chief Product Officer (CPO). Big shoes, bigger goals!

🚨 Breaking News:
Leadership shakeup at Finova as the company bets on new talent to redefine product and strategic growth for 2025.

⚡ Wire Simplified:

• Paraag Dave takes over as Finova's CEO, bringing extensive experience.

• Rowan Clayton joins as CPO to enhance product innovation.

• Finova focuses on growth and modernizing financial tools.

• Aims to lead the charge in fintech transformation.

• Leadership change aligns with bold plans for 2025.

✔️ Straight to the Point:
Finova’s leadership change sets the stage for a transformative year, with big bets on innovation, strategy, and fintech domination.

3 Fintech Buzzes You Can’t Miss… 🚀

1️⃣ Paystone Acquires Ackroo — 💥 See What’s Next for $21M!

2️⃣ Monument’s Glow-Up — 🎙️ Hear the Big Fintech Secrets!

3️⃣ Uzbekistan’s Digital Leap — 🌍 Check Out the SME Revolution!

The DORA Effect—Strengthening Fintech Resilience 💪

The EU’s Digital Operational Resilience Act (DORA) is here to ensure fintechs handle disruptions and cyber threats like champs.

🚨 Breaking News:
DORA is changing the game by mandating stricter resilience frameworks for fintechs to safeguard systems against disruptions and cyber risks.

⚡ Wire Simplified:

• DORA applies to all fintechs and financial firms in the EU.

• Requires robust cybersecurity and operational frameworks.

• Aims to minimize downtime during cyberattacks or tech failures.

• Focuses on transparency with regulatory oversight.

• Encourages partnerships with third-party risk management providers.

✔️ Straight to the Point:
DORA pushes fintechs to level up their resilience game, safeguarding consumer trust and setting new industry standards.

Fintech Islands 2025
Fintech Islands is the Caribbean's premier international fintech conference, gathering over 700 innovators and industry leaders globally to discuss trends, innovation, and opportunities shaping the fintech ecosystem.
Date: January 22-24, 2025 | Location: Barbados
Book your seat here