Fintech News Middle East

Singapore-Based Fintech 360F Partners Zurich Insurance in the Middle East

Singapore-based fintech 360F has partnered with Zurich Insurance to launch a direct-to-customer engagement application in the Middle East.  The fintech

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DIFC and Dubai Future Foundation to Boost Blockchain and AI-Driven Startups

Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding (MoU) with the Dubai Future Foundation (DFF) for a technology

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Huawei Developer Conference 2020 to Discuss HarmonyOS, HMS Core 5.0, EMUI 11, Fintech, and More

From September 10 to 12, 2020, Huawei will be hosting its annual developer conference, a multi-day event expected to bring

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Huawei Partners TPAY Mobile to Drive App Monetisation for Developers in the Middle East

Huawei has partnered with TPAY Mobile, a digital payment enabler in the Middle East and Africa (MEA), to allow developers

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Leading Swiss Wealthtech Additiv Targets Middle East Expansion

additiv, a global SaaS provider to the wealth management industry, today announces the opening of a new office in Dubai

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Spiros Margaris Appointed to Saudi’s STC Pay’s Board of Directors

Spiros Margaris, Swiss venture capitalist and founder of Margaris Ventures, shared on Twitter that he would be a Board Member

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DIFC Launches New License for Tech Startups and Entrepreneurs

The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub for the Middle East,

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Israel’s Emergence as a Fintech Nation

With more than 500 fintech companies, Israel is rapidly emerging as a fintech powerhouse with players in the sector attracting

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Visa Study Shows Significant Shift to Digital Commerce Amid COVID-19

Visa published its global Back to Business study assessing the shift to digital commerce in response to the pandemic, driven

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A Growing Fintech Ecosystem Is Emerging In Saudi Arabia

The fintech landscape in Saudi is said to be rapidly developing according to the Fintech Saudi Annual Report 2019/ 2020,

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Israel Stock Exchange Launches Blockchain Securities Lending Platform

The Tel-Aviv Stock Exchange (TASE) announced the launch of a Central Blockchain Securities Lending Platform in Israel. The platform will

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Dubai Pushes Region’s First Digital Security Capital Raise

Dubai International Financial Centre (DIFC) has announced that investment banking and wealth management firm GRIP is undertaking a fully digital

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Oman Air Partners with BankDhofar to Provide Instant Payment Solution

BankDhofar joined hands with Oman Air to launch an e-commerce payment gateway platform. The initiative will enable Oman Air customers

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UnionPay and Network International Introduces a COVID-Safe Drive-In Cinema Experience

Merchant clients of Network International, an enabler of digital commerce in the Middle East and Africa, supported by globally-recognised bankcard

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Tabby’s Pay Later Solution Launches in Saudi

tabby, a UAE-based Fintech startup, has launched its “Buy Now Pay Later” solution in Saudi Arabia after completing its latest

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Dubai’s Sandbox Sees The Largest Number of Application to Date

The Dubai Financial Services Authority (DFSA) announced that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence

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DEX Secures Regulatory Approval in the Abu Dhabi Global Market from the FSRA

DEX, a global digital assets marketplace headquartered in Abu Dhabi, has secured a Financial Services Permission (FSP) from the Financial

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UAE Central Bank and ADGM Invite Fintech Applications for the 2020 Innovation Challenge

The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM), are pleased to invite applications from local and

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Commercial Bank of Dubai and Thunes Partner to Offer Real-Time International Remittances

Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced

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Mamo Pay Is Working With Visa to Deliver the Next Innovation in Payments

Mamo Pay, the MENA region’s highly anticipated peer-to-peer mobile payments app, announced that it has joined Visa’s Fintech Fast Track

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UAE Consumers Go Cashless as Trust in Digital Payments Surges Amid COVID-19

Dubai Police, Dubai Economy (DED), and Visa released findings of a survey on the impact of COVID-19 pandemic on payment

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Saudi Monetary Authority Deployed Blockchain Tech for Money Transfer With Local Banks

Saudi Arabian Monetary Authority (SAMA) has recently used blockchain technology to deposit part of the liquidity that SAMA had previously

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Upcoming Neobank Jingle Pay Promises Seamless Digital Onboarding, Multi-Currency Accounts, and More

COVID-19 continues to spread across the United Arab Emirates with now 43,364 confirmed cases, including 295 deaths, according to the

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Kyriba Expands Footprint in Middle East and Africa

Kyriba, a global liquidity solutions provider announced a partnership with Midis Group, a technology organization, comprising some 170 companies across

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Dubai Financial Services Authority Published Discussion Paper on Digital Assets Custody

The Dubai Financial Services Authority (DFSA) along with Deloitte Middle East published “A Market Overview of Custody for Digital Assets”

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Pay Later Solution Tabby Secures $7m Funding to Launch in Saudi Arabia

Tabby, the UAE-based FinTech startup and the region’s first Buy Now Pay Later solution, today announced it has raised $7M

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DIFC’s 100USD Million Fintech Fund Invests in 4 Fintech Startups

Dubai International Financial Centre (DIFC) announced that it has invested in four FinTech start-up companies. The investment reflects the DIFC’s

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Middle Eastern Banks Slow in Embracing Fintech Despite Customers Keenness

In the Middle East, despite customers’ willingness to adopt innovative fintech solutions, banks are still reluctant in integrating fintechs into

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Emirates Digital Wallet: Cashless Payments in 2020

  2020 has been full of surprises, but the greatest of them so far has been the COVID-19 pandemic that

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Rise Brings Financial Services to Underserved Migrant Workers

In the Middle East and North Africa (MENA) region, the COVID-19 pandemic and the resulting lockdown have put a toll

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