Archive

Singaporean Fintech Firm Partners with SEED Group to Expand in Middle East

Singapore based fintech firm Touché has signed an agreement with SEED Group as their local partner. In this agreement SEED will assist Touché in expanding their fingerprint-based payment and loyalty management solution to the Middle East. Based in Dubai, SEED

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Emcredit: Dubai Public Sector Goes Blockchain Payments

Citizens and residents of Dubai will be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency after a partnership between blockchain payment provider Pundi X, Ebooc Fintech & Loyalty Labs LLC  and emcredit – Dubai’s Credit Bureau. Consumers in Dubai, UAE

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Saudi Arabia Sovereign Fund Puts a Further US$45 Bil into Japan’s SoftBank

Saudi Arabia’s fledgling sovereign fund is putting in a further US$45 billion into Matsumoto Son’s famed Softbank, which in turn holds known technology companies like Alibaba, Sprint, Uber, Didi Chuxing, WeWork, Nvidia, and many others. This money follows a previous

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Bahrain Gets Another US$100 Mil Fund, This Time Specifically for Fintech Startups

Earlier this year, Bahrain Development Bank launched its Al Wafa fund of funds, with USD100 million available for tech startups in Bahrain. Now, the Economic Development Board (EDB) is also launching a fund worth USD100 million, but this time specifically

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Jordan’s Fintech Startups Could Score up to $3 Mil out of a $30 Mil Fund

The Middle East has been ramping up its efforts to fund fintech initiatives lately, seemingly throughout their life cycles until they become a corporation. Jordan’s Arab Bank is prepared to give out something between $1 million to $3 million to promising

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14 Upcoming Fintech and Digital Finance Events in the Middle East

As the Middle East witnesses the emergence of a thriving fintech ecosystem, an increasing number of events and conferences are being held in the region to showcase its innovative products and latest initiatives. The followings are some of the Middle

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Secure Payment Links Through WhatsApp Could Be Fintech’s Future

Emirates NBD announced that they are launching customised banking services via WhatsApp in the UAE region. Through WhatsApp business, their users can now use integrated banking activities, like checking account balances and temporarily blocking or unblocking an existing card. Emirates

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Why Now is The Best Time for International Fintech Firms to Expand into Dubai

Dubai is opening its doors to global investors who would like to start their business in the region without actually being located in the UAE. In an agreement between Dubai Investment Development Agency (Dubai FDI) and the US-based Alliance Business Centres Network

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