The Weekly Wrap: all you need to know by Friday COB | March 27th

By Puja Sharma

The Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

QNB Group has partnered with Finverity to deploy a unified digital platform for supply chain finance (SCF), marking a broader shift among regional banks towards data-driven, open account trade finance models.

Under the agreement, Finverity will provide its white-label platform, FinverityOS, enabling QNB to operate its full suite of SCF and open account trade finance products across 10 countries, including Qatar. The platform is designed to serve internal teams, corporate buyers, and suppliers through a single interface, consolidating processes that are typically fragmented across systems.

For QNB, the deployment introduces a centralised digital infrastructure to manage end-to-end SCF transactions, from processing and approvals to execution. This is expected to improve utilisation of financing facilities while reducing turnaround times, operational inefficiencies, and exposure to fraud risk—areas that have traditionally constrained the scalability of trade finance operations.

Corporate clients, including SMEs, will gain access to self-service capabilities that allow them to request financing against invoices and trade flows on demand. The platform also provides real-time visibility into facility usage and enables businesses to onboard additional counterparties into financing programmes, potentially expanding access to working capital across supply chains.

Deals of the week

• Nexi Group expands SEPA Direct Debit services in Europe
• CUBE expands Microsoft partnership for AI compliance tools
• QNB Group taps Finverity to digitise supply chain finance
• Buckaroo, YouLend partner to launch SME financing solution
• payabl. launches Tap to Pay for smartphone payments
• KiyaAI, Merchant Finance team up for Core Banking Modernisation in Fiji
• Moniepoint acquires Orda to deepen SME presence in Africa’s food sector
• Credgenics Expands into insurance with AI-led platform
• tbi bank completes EUR migration for cross-border payments

Be on the lookout for

Navigating Bank Partnerships – A West Asia FinTech Guide, the latest from IBSi Perspectives, takes a grounded look at how FinTechs are working with banks in a region shaped by geopolitical shifts. It explores what’s changing in these partnerships, how regulatory dynamics are influencing decisions, and where priorities are moving for both sides. The piece focuses on practical realities—what it actually takes for FinTechs to collaborate effectively with banks as the Middle East’s banking landscape continues to evolve.