Fintech News Middle East

SH Capital Ltd Launches in Dubai to Empower SMEs With Global Banking Services

A new digital treasury services management provider SH Capital Ltd (SHC), launches in Dubai today with a mission to empower

Read More

Mambu Partners Ta3meed to Provide Digital Islamic Financing Solutions for SMEs

SaaS banking platform Mambu and Ta3meed, an Islamic fintech in trade finance in Saudi Arabia, announced a strategic partnership to

Read More

Banking and Fintech Predictions for Middle East in 2021

COVID-19 has created a sea change across the financial services sector with respect to remote work and a push for

Read More

Abu Dhabi Investment Office Establishes 8 Global Hubs

The Abu Dhabi Investment Office (ADIO) has established eight new offices in Tel Aviv, New York, San Francisco, Frankfurt, London,

Read More

Ethiopia, Ghana and Rwanda Among Africa’s Fastest-Growing Fintech Ecosystems: Report

South Africa, Nigeria and Kenya have historically been the fintech hubs of Africa, but the next chapter for the industry

Read More

Bahraini Crypto Startup Rain Financial’s $6 Million Funding Round Joined by Coinbase

Rain Financial Inc, a licensed cryptocurrency platform and custodian, announced that it had raised $6 million during a Series A

Read More

Visa Study: Contactless Payments in the UAE Here to Stay

Visa’s third edition of its global research study, “Visa Back to Business Study – 2021 Outlook”, found that both the

Read More

Virgin Mobile Awarded Banking Agent License Through Saudi Investment Bank

Telecom provider Virgin Mobile was awarded a banking agent license through the Saudi Investment Bank, allowing it to offer electronic

Read More

Tanzania’s Nascent Fintech Sector is Poised for Growth

In Tanzania, the fintech sector is still nascent with less than 50 companies, among which 68% in their early stages

Read More

Saudi Central Bank Releases Its Open Banking Framework

The Saudi Central Bank (SAMA) has issued its open banking policy which outlines its objective for implementation in Saudi and

Read More

Emirates NBD Unveils Customer Digital Onboarding Experience

Emirates NBD has rolled out the digital onboarding option for new customers to have their identity documents verified using contactless

Read More

Sarwa Gets Greenlight for Fintech Experimental Permit From Saudi Regulator

Sarwa, a Dubai-based investment advisory platform, was granted a fintech experimental permit by the Capital Markets Authority (CMA) of Saudi

Read More

Kenya Central Bank Outlining Open Banking Ambitions

The Central Bank of Kenya (CBK) has released a draft document outlining a five-year digitalization plan to modernize the country’s

Read More

RAKBANK Renews Fintech Partnership With Invoice Bazaar to Ease SME Funding

The National Bank of Ras Al Khaimah (RAKBANK) has announced the renewal of its partnership with Invoice Bazaar, a Dubai

Read More

Dubai’s Free Trade Zone Breaks 5-Year Record in New Company Registrations

Dubai Multi Commodities Centre (DMCC), established by the Government of Dubai to establish a hub for global commodities trade, registered

Read More

Arab Investment Bank Taps Temenos to Boost Its Digital Banking Capabilities

The Arab Investment Bank announced that it has selected Temenos, a Swiss banking software company to bolster its digital banking

Read More

Zain’s Fintech Arm First to Receive Micro Loans License From Saudi Central Bank

Zain Group, a telecommunications company in the Middle East and North Africa region, announced that its fintech arm Tamam has been

Read More

Dubai’s Road Transport Authority Launches Smart Payment Card

Dubai’s Roads and Transport Authority (RTA) and Huawei Consumer Business Group announced the launch of the Gulf Cooperation Council’s (GCC)

Read More

7 Fintech Startups in UAE to Watch in 2021

The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA),

Read More

Fintech in 2020: Key Developments that Shaped UAE’s Fintech Industry This Year

The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA) and home

Read More

Year End Message to Our Readers – Offline from 29th December to the 3rd January

Fintech News Middle East would like to take this opportunity to wish all our readers a very Happy New Year.

Read More

Tabby Ties up With IKEA to Offer Interest-Free Buy Now, Pay Later Option

tabby, a Middle East “Buy Now Pay Later” platform, announced that it has partnered with Swedish home furnishing retailer, IKEA

Read More

Aramco Teams up With Google Cloud Services for Push Into Saudi Market

Saudi Aramco Development Company, a subsidiary of Aramco, announced it had teamed up with Google Cloud to offer high-performance, low-latency

Read More

UAE to Bolster Data Security With Its First National Crypto Library

Abu Dhabi’s Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), announced that its

Read More

Visa Study Forecasts Booming E-Commerce Sector Amidst Rising Digital Payments

The UAE e-commerce sector is expected to continue on an upward trajectory due to the digital payments boom during the

Read More

First Abu Dhabi Bank Ties up With Visa to Launch Virtual Corporate Card

First Abu Dhabi Bank (FAB) has partnered with Visa to launch digital payment solutions, the Visa Central Travel Account and

Read More

Authentication Is Done. What About Identification?

Airome Technologies, a Singapore-based developer of cybersecurity solutions for digital banking and e-document management systems, has been working with authentication

Read More

Cloud Banking Platform Mambu Expands Its Reach With New Office in the UAE

Cloud banking platform Mambu announced that they have set up a new office in Abu Dhabi as the United Arab

Read More

Amazon Payment Services Kicks off in MENA Region

Amazon has launched its Amazon Payment Services, previously known as PAYFORT, as a payment processing service in the Middle East

Read More

UK Startup Ebury First to Receive Financial Services License Under DFSA

Dubai International Financial Centre (DIFC), announced that Ebury, a UK fintech startup offering cross-border financial services and risk management, has

Read More