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Public Investment Fund

Saudi Digital Bank D360 Eyes Series A in 2025, Targets Global Investors

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Saudi Arabia’s digital bank D360, backed by the Public Investment Fund (PIF), is in preliminary discussions with potential global investors as it prepares for a Series A funding round slated for the second half of 2025. The Shariah-compliant bank, which began operations in December, aims to complete the fundraising in the first quarter of 2026, […]

The post Saudi Digital Bank D360 Eyes Series A in 2025, Targets Global Investors appeared first on Fintechnews Middle East.

Saudi Arabia Launches HUMAIN to Lead AI Development

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Saudi Arabia has launched HUMAIN, a new company owned by the Public Investment Fund (PIF), which will operate and invest across the AI value chain as a unified operating company. HUMAIN will provide a broad range of AI services, products, and tools, including next-generation data centres, AI infrastructure and cloud capabilities, and advanced AI models […]

The post Saudi Arabia Launches HUMAIN to Lead AI Development appeared first on Fintechnews Middle East.

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