Digital payments company Arab Financial Services (AFS) has signed a memorandum of understanding (MoU) with restaurant technology provider RestHero to enhance digital capabilities. Under the non-binding agreement, the two companies will examine ways to roll out RestHero’s technology to restaurants and other food and beverage (F&B) merchants across the Middle East and Africa (MEA). With the aim of going beyond basic payment acceptance, the partnership is set to enable F&B businesses to rely less on third-p ...

Core Insights - Braze Inc. is recognized as a top enterprise software stock, with Goldman Sachs raising its price target to $52 from $50 after strong earnings [1][3] - The company reported $180 million in revenue for FQ2 2026, reflecting a 24% year-over-year growth [1][3] - Braze's committed Annual Recurring Revenue (ARR) has exceeded $700 million, indicating strong demand for its customer engagement platform [2] Financial Performance - The company achieved its third consecutive quarter of positive non-GAAP operating income and free cash flow [2] - Despite the positive financial metrics, there are concerns regarding limited expansionary investments from customers and ongoing deal cycle challenges [3] Strategic Developments - The integration of the OfferFit acquisition, an AI decisioning platform, has contributed to new business wins across major geographic regions [2] - Although the OfferFit acquisition is strategically beneficial, it initially negatively impacted operating income, and the company is working on achieving synergies for successful integration [3]