Fintech News Middle East

Bahrain

National Bank of Bahrain Offers Open Banking Solutions

National Bank of Bahrain (NBB) has set a significant benchmark in the region’s financial sector by becoming the first Bank

Various

South Africa’ Digital Only Bank Tyme Welcomes its 1 Millionth Customer in only 10 Months

TymeGlobal is proud to announce that its first Tyme-powered digital bank — TymeBank in South Africa — has opened bank

Dubai

Bankable Opens Middle East & Africa Hub in Dubai

Bankable, the global provider of “Banking as a Service” solutions, and Visa today announced a strategic collaboration within the Central

Dubai

Dubai Welcomes Global Payments Pioneer WorldFirst

Dubai International Financial Centre (DIFC) informed that WorldFirst comes to Dubai. UK headquartered WorldFirst was acquired by Ant Financial, the

Dubai

MENA’s Only Regulated Real Estate Crowdfunding Investments Platform Launches

SmartCrowd Limited, a Dubai-based company and MENA’s first financially regulated real estate investments platform (REIP) has announced that the company

Dubai

Dubai Just Launched a Virtual Company License. And It Costs US$233

Dubai has just launched the Dubai Virtual Commercial City (VCC), a program which enables entrepreneurs and freelancers who do not

Saudi Arabia

3 Must-Attend Upcoming Fintech Events in Saudi Arabia

2018 was a key year for Saudi Arabia’s fintech sector as the government began to actively support the development of

Various

Regtech Still Nascent in the Middle East

Regtech is still a nascent niche segment within the Middle East’s fintech industry, though governments across the region are pushing

Various

Huobi’s Expansion Brings Crypto Trading Solutions to UAE

According to reports, 5.2% of the UAE population holds some form of cryptocurrencies, indicating a growing interest among people to

Various

The Winners of the Citi MENA Fintech Challenge

Citi announced the winners of the MENA Fintech Challenge. Fawry, PaySky, Octet and Wipro Limited and Traydstream.The Citi MENA Fintech

Abu Dhabi

10 New Global Innovators Join Mohammed Bin Rashid Innovation Accelerator Program

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in

Abu Dhabi

The FinTech Abu Dhabi Awards 2019 Winners

They create an industry-wide, internationally recognised gold standard for excellence in the field of FinTech while promoting and supporting existing

Abu Dhabi Dubai

UAE Seeks to Gather Industry Feedback on Crypto Asset Draft Regulations

In line with its tireless efforts to regulate and develop capital markets operating in the United Arab Emirates, the Securities

Abu Dhabi

The Innovation Challenge Winners at Fintech Abu Dhabi

Future trends in the FinTech industry and the next generation of startups took centre stage as FinTech Abu Dhabi Festival

Saudi Arabia

Swiss Fintech Provider Crealogix Accelerates Middle East Expansion with New Office in Saudi Arabia

CREALOGIX, a leading international Fintech company headquartered in Switzerland announced the opening of its new office in Riyadh, Saudi Arabia.

Abu Dhabi

Innovation, Disruption and Global Expansion Takes Centre Stage at Fintech Abu Dhabi

The growth of the FinTech industry and its success in transforming the way we live were top of the agenda

Various

MENA Fintech Startup Funding Report and Map

Fintech is booming in the Middle East and North Africa (MENA), now representing one of the hottest industries in the

Abu Dhabi

918 Million MENA-Focused Tech Investment Funds Announced

Global investors are increasingly looking to the Middle East and North Africa for the next unicorn and high return investments,

Report

57% of MENA Startup Founders Expect to Exit (for US$100m) Within 5 Years

57% of startup founders in the Middle East and North Africa (MENA) region are confident they will exit their startup

Various

UAE and Middle East Banks Now Have a Way to Benchmark their Digital Banking Offerings

In response to digital mass adoption, Banks undergo drastic renovation in their digital channels, trying to remain competitive and avoid

Saudi Arabia

Fintech Saudi Arabia Access Guide and Annual Ecosystem Report

Fintech Saudi, a financial sector development program initiative launched by the Saudi Arabian government in 2018, has released its latest

Abu Dhabi

Abu Dhabi Launches Blockchain Solution for Land Registry

Tech Mahindra has announced a partnership with the Department of Urban Planning and Municipalities (DPM) to launch a Blockchain solution

Abu Dhabi Dubai

5 Key Areas For UAE’s Bank to Keep Pace with Fintech

Analysis conducted by Bloomberg Intelligence based on a roundtable discussion with Dubai Islamic Economy Development Centre (DIEDC) found that banks

Bahrain

A National eKYC Utility will be Created in Bahrain

Fenergo, a provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, announces that it will be working with

Saudi Arabia

Saudia Arabia Grants Fintech Experimental Permits to 3 Equity Crowdfunding Platforms

In reference to Fintech Experimental Instructions permits issued by the Capital Market Authority Saudia Arabia (CMA), Buthoor Solidarity, Afaq and

Abu Dhabi

Abu Dhabi Islamic Bank Starts with Samsung Pay for Visa Covered Cardholders

Abu Dhabi Islamic Bank (ADIB) has announced the launch of Samsung Pay, the mobile payment and digital wallet service for

Abu Dhabi

UAE’s First Digital Business Bank Unveiled

Emirates NBD, a leading banking group in the region, announced that it has created E20., the UAE’s first digital business

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