Fintech News Middle East

Qatar Fund of Fund to Invest 1 Billion USD into Venture Capital Funds

Qatar Investment Authority (QIA) is set to launch Qatar’s first venture capital (VC) Fund of Funds, a strategic investment program

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Industry Experts Highlight Opportunities and Challenges of Gen AI in Finance

In the financial services industry, generative artificial intelligence (AI) is poised to usher in a myriad of opportunities, promising enhanced

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DIFC Plans 20 Days of Finance Events

Dubai International Financial Centre announced an series of finance events and activities spanning 20 days, in celebration of the Centre’s

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Fintech Surges in MENA Though Talent and Capital Gaps Persist

The Middle East and North Africa (MENA) region is experiencing significant growth in its fintech sector, with several cities located

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Qatar Will Launch Instant Payments in March

Qatar Central Bank (QCB) has called on the local banks to adjust their status as part of its preparations to

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UAE’s E-Invoicing Model: A Blueprint for the Region?

More than 100 experts from 24 countries gathered in Dubai on February 13 and 14, 2024, for the second edition

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Personetics Co-founder David Sosna Steps Down as CEO, Udi Ziv Named Successor

Personetics, a global provider of data-driven personalisation solutions, announced that it has named Udi Ziv as its new Chief Executive

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Venture Debt Fund Stride Supports Hub71

Hub71, Abu Dhabi’s global tech ecosystem, and Stride Ventures, a venture debt fund, have partnered to support startups in Abu

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Switzerland and Qatar Continue Collaboration Discussion About Digital and Sustainable Finance

The second session of the Joint Economic and Financial Committee between the Ministry of Finance of the State of Qatar

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Emirates NBD Partners With Singaporean AI Financial Crime Platform

Emirates NBD announced a strategic partnership with Silent Eight, a technology company which offers an advanced AI and machine learning

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Changing Consumer Behavior, Digital Adoption Drive E-Commerce Surge in the Middle East

The Middle East is witnessing a dynamic shift in consumer behavior, preferences and digital adoption, prompting a transition towards online

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The E-Invoicing Exchange Summit: Harnessing Global E-Invoicing Best Practices for the Middle East

Governments and tax authorities are driving the need for businesses to adopt E-Invoicing across the globe. As more countries across

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The Top Nigerian Fintech Products According to The Nigerian Tech Ecosystem Movie

On December 20, 2023, Peace Itimi, the host of Founders Connect, a YouTube show that interviews up-and-coming entrepreneurs in the

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Middle Eastern and African Region Sees Neobanking Sector Picking up Steam

Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role

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WRISE Opens Office in Dubai to Enter Middle East Markets

WRISE Group, an independent multi-family office, has appointed Dhruba Jyoti (DJ) Sengupta as CEO of its newly established Middle East

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Qatari E-Wallet Fintech Startup Karty Secures $2 Millions Seed Round

KARTY, an emerging Qatari fintech startup, has announced the successful completion of a substantial seed funding round, amassing over $2

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Saudi Central Bank Allocates Payment Licenses To Network International Arabia and Barraq

The Saudi Central Bank (SAMA) licensed “Network International Arabia” to provide payment services through points-of-sale (POS), and “Barraq” to offer

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Nayapay, Alipay+ Boost Global Payments Into Pakistan

Pakistan’s financial platform, NayaPay, has partnered with Alipay+, managed by Ant International, aiming to enhance digital payment solutions and stimulate

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Top 5 Investors in Saudi Arabia’s Fintech Ecosystem in 2023

In 2023, Saudi Arabia asserted its dominance in the Middle East and North Africa (MENA) region’s venture capital (VC) landscape,

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DIFC Teams with Julius Baer and Euroclear to Address Digital Estate Planning

The DIFC Innovation Hub, part of the Dubai International Financial Centre, has initiated a collaborative project with Swiss wealth management

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SC Ventures to Open Abu Dhabi Office, Led By Gautam Jain

Standard Chartered’s innovation and ventures arm, SC Ventures, plans to open an office in the Abu Dhabi Global Market (ADGM)

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Finshape and Arab National Bank Join Forces for Personalised Banking Solutions

Finshape, a leading fintech solutions provider, is excited to announce a strategic collaboration with Arab National Bank (anb), a major

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New Report Highlights Continued Opportunities for Fintech Growth in the Middle East and Africa

Fintech has penetrated and transformed the Middle East and Africa (MEA)’s financial services landscape, financially including millions of people and

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The Top Trends Shaping MEA’s Wealth Sector

In a recent webinar hosted by Connect Global Group and Temenos, wealth experts and top executives from the banking industry

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UAE Proptech Silkhaus Closes Pre-Series A

Silkhaus, a Dubai based proptech startup dedicated to revolutionising short-term rentals across the Middle East and Asia, has announced it

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Top 17 Fintech Events to Attend in MENA in H1 2024

The Middle East and North Africa (MENA) region, characterized by a young and tech-savvy population, high Internet penetration rates and

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UAE Agri-Trade Fintech Maalexi Raises $3m in Pre-Series A

Maalexi, an UAE-based dynamic risk management platform for SME agri-businesses, announces its completion of a $3 million pre-Series A fund

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Tabby Secures USD 700 Million in Debt Financing and Extends Series D Round to USD 250 Million

Tabby, a leading shopping and financial services app from Saudi Arabia, has secured up to $700 million in receivables securitization

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Backbase Drives Digital Transformation at Libyan Islamic Bank

Libyan Islamic Bank (LIB) has joined forces with Backbase, a provider of engagement banking platform solutions, in a bid to

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CBUAE Introduces Framework for the Regulation of BNPL

Acknowledging the global shifts in consumer financial trends and the increasing demand for “Buy-Now, Pay-Later” and similar credit products and

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