Technology

Fintactics Announces New Strategic Partnership with Ethos Invest and Arbah Capital to Invest in Early Stage FinTech Businesses

Published

2 years ago

September 4, 2024

Fintactics, a Saudi based, leading venture builder specializing in financial technology, today announced a new strategic partnership with Ethos Invest, a global investment firm, and Arbah Capital, a prominent investment firm licenced by the Capital Market Authority (CMA) in Saudi Arabia in relation to its Fintactics Financial Technology Fund.

RIYADH, Saudi Arabia, Sept. 4, 2024 /PRNewswire-PRWeb/ — Fintactics, a Saudi based, leading venture builder specializing in financial technology, today announced a new strategic partnership with Ethos Invest, a global investment firm, and Arbah Capital, a prominent investment firm licenced by the Capital Market Authority (CMA) in Saudi Arabia in relation to its Fintactics Financial Technology Fund.

This collaborative effort marks a significant milestone in fostering innovation within the Saudi financial services industry and leverages the expertise of each organization: Fintactics’ proven track record in building successful ventures in the country, Ethos Invest’s global investment expertise, and Arbah Capital’s deep understanding of the regional financial landscape.

The fund, targeting $40 million (150M SAR) in commitments and managed by Arbah Capital, aims to make Shariah-compliant investments in early-stage FinTech companies primarily in the Kingdom, but also in the Middle East and the rest of the world. The targeted fundraising would put the fund at the forefront of private venture capital funds in Saudi Arabia, in terms of size.

The partnership signifies increasing global confidence in startups in the Kingdom. Saudi Arabia has rapidly become a leading hub in the FinTech industry and for venture capital in the region, ranking first across MENA for total venture capital funding in the first half of 20241. This significant growth can be seen in light of efforts taken under Vision 2030 to develop Saudi’s venture capital ecosystem.

Early Investments Showcase Commitment to Supporting Innovative Founders

The team are already engaging actively with startups in the venture capital ecosystem and have built a strong pipeline of deal opportunities in the Kingdom and globally.

Several investment opportunities have been secured for the fund and it is envisaged that capital will be deployed into a number of exciting FinTech businesses later this year.

Building a Thriving Ecosystem

“We are delighted to announce this new strategic partnership with Ethos Invest, which is a real vote of confidence in the burgeoning Saudi FinTech sector,” said Haitham Alsahfy, Co-Founder & CEO of Fintactics. “It underscores the immense potential of the FinTech sector and our commitment to backing innovative companies that are reshaping the financial landscape in the region and globally.”

“By combining Fintactics’ venture building capabilities with Ethos Invest’s global reach and Arbah Capital’s regional expertise, we are uniquely positioned to identify and nurture the next generation of financial services leaders.”

Kevin Cunningham, Partner at Ethos Invest, added, “By combining Fintactics’ venture building capabilities with Ethos Invest’s expertise and Arbah Capital’s regional knowledge, we are uniquely positioned to identify and nurture the next generation of financial services leaders in Saudi Arabia. The fund aligns with our broader mission to help build new businesses that leverage cutting edge financial and technology solutions to make people’s lives better.”

Waleed Al-Rashdan, CEO of Arbah Capital, concluded, “This fund represents a strategic investment in the future of finance. We are excited to collaborate with Fintactics and Ethos Invest and join forces in fostering a vibrant FinTech ecosystem in Saudi Arabia and beyond. We are confident that our collaboration will unlock tremendous opportunities for regional and global financial innovation.”

About Fintactics Ventures

Fintactics Ventures, headquartered in Riyadh, Saudi Arabia, is a premier fintech dedicated VC fund and venture studio with a vision to redefine the future financial landscape. This venture-building entity is dedicated to fostering, propelling, and investing in innovative startups not just in Saudi Arabia but extending to the broader MENA region and Globally. Through its endeavors, Fintactics cultivates a technologically-driven ecosystem, significantly advancing growth both on a regional and local scale.

About Ethos Group

Ethos Invest is part of the Ethos Group whose mission is to build a digital ecosystem of ethical financial service firms that solve the values- and faith-based compromises made by millions of customers globally, improving their financial wellbeing in the process. The Ethos Group and its subsidiaries, is currently undergoing a rebranding process, and will have a new name in due course.

About Arbah Capital

Arbah Capital is the First Islamic Boutique Investment firm in Eastern Region of Kingdom of Saudi Arabia, and thus embarked on an ambitious and visionary mission to provide investment solutions to their investors.

1 H1 2024 Saudi Arabia Venture Capital Report. MAGNiTT Report, Sponsored by SVC

Media Contact

Jessica Joyce, PR Novo LLC, 1 (325) 221-3634, hello@prnovo.com, https://prnovo.com

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SOURCE Fintactics Ventures

Technology

CHEAPCARIBBEAN VACATIONS TO SEND 30 EVERYDAY HEROES ON FREE GETAWAYS THIS MAY

Published

8 minutes ago

April 27, 2026

In celebration of Heroes Month, CheapCaribbean Vacations invites teachers, healthcare workers, military families, and first responders to enter for a chance to win a well-deserved escape to a RIU Hotel & Resort

NEW YORK, April 27, 2026 /PRNewswire/ — This May, CheapCaribbean Vacations is celebrating National Heroes Month because saving the world (which includes feats like powering through lesson plans, marathon hospital shifts and 24-hour duty calls) deserves a real reward. CheapCaribbean Vacations, the go-to online travel booking website for delivering the best-in-beach vacations, is thanking real-life superheroes—healthcare workers, teachers, military members and their families, and first responders —the best way it knows how: with free vacations! The 25+ year old legacy brand is giving 30 heroes a chance to swap the hustle for some sunshine with a dreamy, three-night stay at a participating RIU Resort in Mexico and the Caribbean.

“Our Heroes Club has long been an important initiative, and we’re honored to be able to give back to our everyday heroes,” says Dana Studebaker, Vice President of Marketing at CheapCaribbean Vacations. “We’re so grateful for all they do for their communities, and we want to thank them with a peaceful escape to relax, recharge and get some well-deserved beach time.”

Entries can be submitted online HERE starting May 1 through May 31, 2026. To participate, travelers must be members of their corresponding Hero’s Club, including the ER&R, Beach4Teach, Rescue2Relax and Waves4Warriors Clubs to validate their entry. Heroes’ Club members also will receive access to exclusive discounts, early access to special promotions and earn $150 off their first booking with CheapCaribbean Vacations. Each prize winner will receive a gift certificate for a complimentary all-inclusive three-night stay for two at their choice of any participating RIU Resort. RIU operates all-inclusive resorts in destinations such as Aruba, Bahamas, Costa Rica, Jamaica, Panama, Mexico and the Dominican Republic.

About CheapCaribbean Vacations
Since 2000, CheapCaribbean has served as an award-winning online travel site for in-the-know travelers searching for the best vacation deals to the Caribbean, Mexico and Central America. Its mission is to provide travelers with life-changing, unforgettable vacation packages specializing in delivering “woohoo moments” at great value. CheapCaribbean supplies in-depth content on hotel properties and destinations, and provides knowledgeable sales agents for assistance in coordinating, planning and personalizing trips. The online travel site has grown dramatically since its inception 25 years ago and is part of the broader ALG Vacations, a leading North American resort brand management, travel and hospitality company.

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SOURCE CheapCaribbean Vacations

Technology

CHEAPCARIBBEAN VACATIONS TO SEND 30 EVERYDAY HEROES ON FREE GETAWAYS THIS MAY

Published

8 minutes ago

April 27, 2026

View original content to download multimedia:https://www.prnewswire.com/news-releases/cheapcaribbean-vacations-to-send-30-everyday-heroes-on-free-getaways-this-may-302754629.html

SOURCE CheapCaribbean Vacations

Technology

Gallopade Launches Highly Anticipated All-New High School Civics and Government Curriculum

Published

8 minutes ago

April 27, 2026

PEACHTREE CITY, Ga., April 27, 2026 /PRNewswire/ — Gallopade, a trusted leader in K-8 educational materials for over four decades, is set to launch its first High School curriculum on May 1, 2026. This all-new National Civics and Government program is designed to engage students and prepare them to participate in democracy, building on Gallopade’s reputation for creating innovative, standards-aligned materials.

Gallopade Curriculum is evidence-based and results-oriented, helping students of all learning styles understand and master essential content and skills. Proven learning strategies include chunking content into “small bites,” facilitating active learning with robust activities, and blending Civics and Government concepts and inquiry in an interdisciplinary approach. This dynamic approach to the foundations of American government, civic responsibilities, and the democratic process provides step-by-step lessons, abundant resources, and purposeful activities that support an interactive learning experience.

The curriculum features elements that bring lessons to life, including case studies, primary-source documents, and interactive activities that develop critical-thinking skills. Educators and students can access a comprehensive curriculum that is 100% aligned with the latest standards, providing teachers with the flexibility to customize content for their classrooms. Gallopade seamlessly integrates print and digital resources through its innovative GO! – Gallopade Online platform, empowering teachers with everything they need to plan, teach, and measure students’ success.

“Expanding into High School represents a natural evolution of our mission to empower educators and inspire students,” said Heather Coody, Gallopade’s Director of Social Studies Curriculum. “Civics and Government is an under-performing area when tested, yet students receive surprisingly little instructional exposure to the subject. What I love about our curriculum is that we’re presenting this content accessibly to the most critical population – students who are about to turn 18 and assume roles as full citizens of the U.S., with the rights and responsibilities that come with that. It is incredibly important that we make sure to distill this information in a way that the students who need it most receive and understand it.”

Gallopade is a leading provider of award-winning Social Studies educational materials. The company’s resources impact millions of learners and advance its goal to ignite students’ love of learning. This new curriculum is available for purchase at gallopade.com. For more information, visit gallopadecurriculum.com/civics-and-government.

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SOURCE Gallopade International