Search Results for "stc"
bolttech Expands to Middle East Through Partnership with stc Group
bolttech, an international insurtech company, has announced a partnership with stc Group, a key player in telecommunications and digital transformation in the Middle East. This partnership marks bolttech‘s expansion to several new markets, leveraging stc Group’s established presence in the
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Saudi’s STC Group Makes a Move Into Europe
stc Group announced that its ICT infrastructure subsidiary, TAWAL, has signed an agreement to acquire United Group’s telecommunications tower assets. The agreement, valued at EUR 1.220 bn supports stc Group’s ambitious strategy to expand its international footprint in key markets
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STC Pay Clinches One of the Two Digital Bank Licenses in Saudi
The Saudi cabinet has granted a digital bank license to STC Pay, a digital payments company which is a fully owned subsidiary of Saudi Telecom. STC Pay will be converted into a local digital bank, with a capital of SAR
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Western Union to Snatch up 15% Stake in stc pay for $200 Million
Western Union, an American worldwide financial services and communications company, has set out to acquire a 15% stake for $200 million in Saudi Digital Payments Company (stc pay), a fully owned subsidiary of Saudi Telecom Company. The transaction is expected
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Saudi E-Wallet STC Pay Selects Temenos to Expand Digital Payments Capabilities
STC Pay, a Saudi Arabian digital wallet, has selected banking software company Temenos to expand its digital payments capabilities, aiming to double its customer base by 2021. The e-wallet that was launched in late 2018, has chosen the API-first Temenos Transact
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Spiros Margaris Appointed to Saudi’s STC Pay’s Board of Directors
Spiros Margaris, Swiss venture capitalist and founder of Margaris Ventures, shared on Twitter that he would be a Board Member and Member of the Executive Committee of digital wallet STC Pay. STC Pay, a subsidiary of the Saudi Telecom Company,
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Telco-Backed Platforms Leads E-Wallet Market in Africa and the Middle East
Africa and the Middle East boast 12 prominent e-wallets. These platforms are primarily provided by telecom companies, enable users to varied operations from the mobile phones, including payments, money transfers and remittances, and are gaining ground at a fast pace,
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The Top Nigerian Fintech Products According to The Nigerian Tech Ecosystem Movie
On December 20, 2023, Peace Itimi, the host of Founders Connect, a YouTube show that interviews up-and-coming entrepreneurs in the African startup landscape, premiered a new documentary spotlighting the Nigerian tech ecosystem. The documentary, titled “Innovating Africa: The Rise of
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Middle Eastern and African Region Sees Neobanking Sector Picking up Steam
Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role in the Middle East and Africa (MEA) region by addressing challenges in accessing traditional financial services. The Fintech Times identified
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Abu Dhabi Finance Week 2023: What to Expect and Who to Meet
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, and Chairman of the Executive Council, the Abu Dhabi Finance Week (ADFW) is returning this year from November 27 to
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