Tag "Fintech Startups"

Fintech to Solve Financial Exclusion in Egypt

In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of unbanked people, according to experts and industry observers. Egypt is the most populous nation in the Middle East and North

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Israel Quickly Becoming a Leading Fintech Hub

From its origin as a 90-startup, US$13 million capital sector, the Israeli fintech industry has grown to include approximately 500 fintech startups, collectively raising an estimated total of US$500-650 million to date. According to a report by Deloitte, Israel is

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Bahrain Witnesses Key Fintech Developments

Over the past year, Bahrain’s fintech ecosystem has witnessed several key developments including the launch of the Central Bank of Bahrain (CBB) dedicated Fintech and Innovation Unit and regulatory sandbox, two initiatives that highlight the growing market demand and interest

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Bahrain Pushes for Fintech Innovation

Bahrain is looking to move the country’s economy away from oil, leveraging its financial hub credentials to attract fintech companies. In partnership with government ministries and other public sector agencies, the Economic Development Board (EDB) is pushing to develop a

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Fintech In Dubai: A Short Overview

An Overview about Fintech in Dubai. The United Arab Emirates (UAE), and in particular the city of Dubai, is poised to become a regional fintech hub as the country looks to take the lead in the digital race. Backed by government

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10 Fintech Startups in Dubai and Abu Dhabi You Have to Know

The fintech market in the Middle East and North Africa (MENA) region is predicted to enter a new era of growth. By 2022, startups in the region are set to attract US$2.5 billion in deals, according to a new study

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10 Interesting Fintech Startups In GCC

Realizing that their dependency on oil has put them in a precarious position, Middle Eastern economies have begun exploring other sectors for greater diversification. Many of these such as Saudi Arabia and the United Arab Emirates (UAE) are putting their

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Turkish Fintech Sector Sees Strong Growth

The Turkish fintech ecosystem has shown strong growth with the support of a solid banking industry, a thriving startup scene, and a growing young population. In particular, Istanbul, the most populous city in Turkey and the country’s economic, cultural and

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Fintech, Digital Finance Grow in Kuwait as Banks Look to Modernize

The Middle East is often praised for being a fertile ground for fintech businesses to grow and flourish for a wide spectrum of reasons, including the large population of unbanked, the several startup accelerators available in the region, and supportive

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Fintech in Iran: An Overview

Fintech is gaining steam in Iran as the country’s central bank, financial institutions and government agencies are taking steps to make Tehran a regional hub for financial innovation. This comes as part of the Iran Vision 2025, which seeks to turn Iran

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