Fintech News Middle East & North Africa

Artificial Intelligence will Boost Middle East’s GDP

As technology evolves at an ever-increasing pace, decision-makers are coming to terms with the need to embrace change and transform

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Crypto Asset Exchange Matrix Exchange Receives In-Principle Approval from FSRA of ADGM

Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from

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DIFC Strengthens Leadership Team to Drive Vision for Future Growth

Dubai International Financial Centre (DIFC) Authority has strengthened its leadership team. The Centre has made a number of strategic appointments

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Abu Dhabi is Looking for Digital Bank Applications

Digitalisation has led to a rapid transformation of the banking industry. Recognising this and to further support innovation, the Financial

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Dubai Department of Finance Gets a Bost in its Payment Digitisation Strategy

Emirates NBD, a leading bank in the region, has announced the successful implementation of a digitised payment solution for Dubai

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Bank of ABC Becomes The First Bank in the Middle East to Employ Digital KYC Functionality

Jumio a nnounced a partnership with Bank ABC.  The partnership enables Bank ABC’s new mobile-only bank to compliantly onboard new

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Robo-Advisors Ripe For Prime Time In The UAE

The digital financial advisory industry is destined for strong growth in the United Arab Emirates (UAE), and while business-to-consumer (B2C)

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Payfort Partnership with Government of Ajman to Provide Payment Facilities via AjmanPay

PAYFORT, an Amazon company, today announced a partnership agreement with the Government of Ajman, aimed at enhancing and extending the

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ADGM Announces New Initiatives For Fintech Startups

In conjunction with the FinTech Abu Dhabi Festival 2019,  Abu Dhabi Global Markets (ADGM) announced that they will be launching

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Africa and the Middle East, the Next Battleground for E-Commerce Companies

E-commerce in Africa and the Middle East is poised for growth. Thanks to a combination of fast-growing developing markets, highly

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Saudi Arabia: 18 Companies Join Fintech Regulatory Sandbox

The Saudi Arabian Monetary Authority (SAMA) has selected 18 companies to form the second batch of ventures to join its

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10 Fintech Startup Funds and Support Programs in the UAE

The United Arab Emirates (UAE) has been working towards becoming one of the world’s top ten innovation leaders by 2021.

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Mastercard Partners with Bahrain FinTech Bay to Foster Fintech Innovation in the Kingdom

Mastercard announced a partnership with Bahrain FinTech Bay in their effort to support the development of Bahrain’s fintech industry. Through

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Meet the 10 Fintechs Selected Startupbootcamp’s First Ever Cairo Cohort

Egypt’s multi-partner backed FinTech accelerator program Startupbootcamp-Pride FinTech Cairo holds its first Demo Day to present 10 graduating startups to

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Abu Dhabi Islamic Bank Joins Trade Finance e-Marketplace

Abu Dhabi Islamic Bank announced that it signed on to be part of TradeAssets, a trade finance e-marketplace headquartered in

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African Startup Wari Enables Customers to Request Financial Services on WhatsApp

WhatsApp has become a integral part of many of our lives,  over 1 billion people in over 180 countries use

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Saudi Arabian Bank Launches Blockchain-Based Cross-Border Payments System

At the Financial Sector Conference last month in Riyadh, Saudi Arabia, Saudi British Bank (SABB), one of the five largest

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National Bank of Bahrain Embraces Open Banking

National Bank of Bahrain (NBB) announced that they have started enabling open banking services to its customers. This service enables

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Abu Dhabi Reviews Crypto Asset Regulation to Include Stablecoins

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced that it has enhances has enhanced its “Guidance

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Visa Partners with Bahrain Fintech Bay to further Develop Bahrain’s Fintech Ecosystem

Visa has partnered with Bahrain FinTech Bay to further support the development of the FinTech ecosystem in Bahrain. Bahrain FinTech

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Upcoming Fintech and Digital Finance Events in MENA

Fintech is booming in the Middle East and North Africa (MENA) as regulators and government agencies in countries including the

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This Regtech Now Taps Directly into Bahrain’s National ID Data to Offer Quicker eKYC

Fenergo, a recognised Dublin-based provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announces that it’s working

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Meet the 10 Graduates of Startupbootcamp Fintech Dubai Accelerator’s First Cohort

Startupbootcamp FinTech Dubai Accelerator hosted their Demo Day in Dubai on Tuesday, April 30th, with the participation of over 250

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DFSA Invites Applications for its 2019 Regulatory Sandbox “Summer Cohort”

The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the 2019 Summer

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How is Lebanon’s Fintech Scene Doing?

Lebanon’s fintech industry has been growing rapidly in the past years, fueled by a supportive ecosystem, a wide range of

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Examining Jordan’s Emerging Fintech Scene

Fintech in the Middle East and North African (MENA) region is booming with the number of startups in the field

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Dissecting Fintech Opportunities in Middle East and Africa

Dubai’s special economic zone, the Dubai International Financial Centre (DIFC), has released a new report that explores the opportunities related

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