Search Results for "Tarabut Gateway Company"

Tarabut Gateway Raises US$32 Million to Expand in Saudi Arabia

Tarabut Gateway announced the completion of a US$32 million Series A fundraise. The funding round was led by Pinnacle Capital with the participation of Aljazira Capital, Visa, Tiger Global and other existing investors. The proceeds raised bolster Tarabut Gateway‘s footprint

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Tiger Global Leads US$12m Series A for Tarabut Gateway

Dubai-headquartered open banking startup Tarabut Gateway has raised US$12 million in a pre-Series A fundraise, the company announced in a statement today. The round was led by Tiger Global. It was joined by new backers Dubai International Fintech Fund, an

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Open Banking Platform Tarabut Launches in Abu Dhabi and Dubai

Bahrain-based Tarabut Gateway has expanded to the United Arab Emirates with the launch of its open banking platform in the country. The company has simultaneously opened two new offices at Abu Dhabi’s global tech ecosystem, Hub71 and Dubai’s DIFC FinTech

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Saudi Arabia Permits 3 New Fintech Companies to Operate Under Its Regulatory Sandbox

The Saudi Central Bank (SAMA) announces granting permits to three innovators to test their Open Banking solutions in the Regulatory Sandbox. These companies are: Tarabut Gateway Company for Information Technology, Umg Alholol Trading Co (known as Single View), and Drahim

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MENA Open Banking Pioneer Bahrain Moves Towards Open Finance

In the Middle East and North Africa (MENA) region, Bahrain is the undeniable leader when it comes to open banking, a position the country earned thanks to its financial regulator’s proactiveness in introducing formal regulations and implementing technical standards. Now,

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Fintech Licence Overview in Saudi: All the Players You Have to Know

Tweeq International Financial Company, a Saudi Arabian business, has been granted a license to operate as a payment fintech company and provide e-wallet services, the Saudi Central Bank (SAMA) announced on November 22, 2022. The approval is the 11th unveiled

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Top 10 Fintech Startups in the Middle East

Forbes Middle East has released its selection of 2022’s top 25 fintech companies in the region, recognizing the Middle East’s most successful public and private fintech firms. The list features firms that are applying technology to financial sectors including payments,

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Dubai Freezone Cements Position as Leading Regional Fintech Hub

The Dubai International Financial Centre (DIFC), the city’s financial freezone, is aggressively cementing its position as the top fintech hub in the Middle East, Africa and South Asia (MEASA), unveiling a number of initiatives this year aimed at fostering innovation,

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2022, a Breakout Year for Open Banking in Saudi Arabia

In Saudi Arabia, open banking is taking off, driven by a conducive regulatory landscape, increased competition in the financial sector, and rising investors’ interest. A new report by fintech research firm WhiteSight in partnership with homegrown fintech company Mod5r takes

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MENA Regulators to Increase Fintech Priority

The COVID-19 pandemic has increased the prioritization of fintech among regulators in the Middle East and North Africa (MENA) region. These have moved fintech up the regulatory agency and introduced a number of measures to harness the opportunities introduced by

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