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Mastercard and Partner to Enable Instant Wallet Top-Ups for Careem

In partnership with Mastercard and, Careem Pay has integrated Mastercard Send to enable customers in the UAE to access near real-time payments into their Careem Pay wallets, making it quicker and more convenient to use the Careem app to

Read More Launches R&D Hub in Tel Aviv To Expand its Talent Pool

UK payments platform has launched a new research and development hub in Israel as part of its international growth plans and to allow the company to tap into new technical talent pools. says that the new office will

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Crypto Adoption Is Becoming Mainstream, Says Report

Global payments provider debuted its Demystifying Crypto: Shedding light on the adoption of digital currencies for payments in 2022 report, pointing to increasingly positive trends in the adoption of and appetite for using digital currencies for eCommerce. The comprehensive

Read More Records 75% Annual Growth Across MENA Region

Global payment gateway solutions provider saw “record-breaking payment processing growth” this year. posted an increase of nearly 75% year-over-year in payment processing volumes for the region in December this year, according to a statement by the company. The

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Saudi’s Buy Now Pay Later Platform Raises US$ 110 Million Led by

Tamara, a Saudi Buy Now, Pay Later (BNPL) platform announced the closing of its Series A funding round by raising US$ 110 million led by The cash injection will be used by the company to scale its team, expand

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Saudi’s Tamara Secures $250 Million Debt Financing

Tamara, a leading fintech platform to shop, pay, and bank in Saudi Arabia and the wider GCC region, has secured an additional up to $250 million in debt financing, bringing its total warehouse facility to up to $400 million. The

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Abu Dhabi Digital Asset Infrastructure Startup Fuze Raises $14Milions Seed Round

Abu Dhabi-headquartered Fuze, a digital assets infrastructure provider, has unveiled a substantial Seed round of $14mn, which they claim is the largest Seed investment in a digital assets startup in the the Middle East and North Africa region (MENA). A

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MENA Fintech Awards 2022 Names the Region’s Best Fintech Companies

The inaugural MENA Fintech Awards organised by the MENA Fintech Association (MFTA) came to a close on 15 November with an awards ceremony hosted by the Abu Dhabi Finance Week (ADFW). The awards, organised in partnership with consulting firm Grant

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Saudi Fintech Tamara Secures Record $100M Series B Round

Saudi fintech startup Tamara, a leading payments startup focused on driving financial inclusion across the Middle East, has raised a $100m Series B equity round led by Sanabil Investments, with participation from Coatue, Shorooq Partners, Endeavor Catalyst and a follow-on

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BNPL Emerges as New Favorite Payment Option in MENA-Pakistan

In the Middle East, North Africa and Pakistan (MENAP) region, exponential growth in the e-commerce market is fueling the rise of newer methods of paying, with buy now, pay later (BNPL) arrangements, in particular, emerging as the new favorite payment

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