Search Results for "zand"

ADGM Partners With Zand Bank to Support Technology SMEs in Abu Dhabi

Abu Dhabi Global Market (ADGM)and Zand Bank PJSC, the UAE’s first all-digital bank licensed by the UAE Central Bank, have signed a Memorandum of Understanding (MoU) to support UAE Technology SMEs and provide preferential banking services. The agreement will focus

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2022 in Review: Key Fintech Initiatives and Developments in the UAE

Over the past years, the United Arab Emirates (UAE) has emerged as a leading fintech hub in the Middle East and North African (MENA) region, a position it has secured thanks to its innovation-enabling regulatory environment, government support as well

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Middle East Digital Banking Sector Growing at a 43% Annual Rate

Since 2012, the Middle Eastern digital banking market has experienced sustained growth, rising at a 43% compound annual growth rate (CAGR). Today, the region is home to 25 digital banks which serve a combined 25 million people, according to a

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Digital Banking Adoption Soars in the UAE

In the United Arab Emirates (UAE), rapid digital adoption brought about the COVID-19 pandemic has accelerated the continued interest in digital banking solutions, prompting mass adoption of neobanking services as a way to access funds, make transactions and manage personal

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Fintech Leads UAE Startup Funding

In H1 2022, fintech was the preferred industry for startup investors in the United Arab Emirates (UAE), accounting for 34% of total capital during the period and 22% of transactions, a new report by Magnitt and the Emirates Development Bank

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DIFC Open Finance Week

Join DIFC Open Finance Week for insightful sessions on Open Finance at the DIFC Innovation Hub from 27-28 September 2022 in partnership with Tarabut Gateway, Abu Dhabi Islamic Bank, Commercial Bank of Dubai, First Abu Dhabi Bank, Mashreq, RAKBANK, and

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Is Branch Banking a Thing of the Past in the UAE? – Fintech Surge 2021

The death of branch and traditional banking was a top theme at the Digital Banking Summit – Fintech Surge 2021. Held at Dubai World Trade Centre, the conference saw a number of panels featuring founders, executives, regulators and fintech experts,

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6 UAE Digital Banks to Watch Out For

Digital banking is becoming increasingly competitive in the UAE, with new players, new banking models, and an eager market. Studies indicate that 72% of UAE residents use digital banking services at least once a week, with nearly a fourth using

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7 Popular Middle East Fintech Trends 2021

The Middle East fintech sector is undergoing a period of incredible transformation. From fintech funding upsurges, to rising fintech adoption, growing financial inclusion and a growing number of homegrown startups, Middle East fintech is evolving rapidly and in many directions.

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MEA Fintech Weekly News: Dubai Gets Regulatory Nod for Crypto Trading

In last week’s MEA fintech news, it’s all eyes on crypto trading in the UAE – approvals for crypto trading at a Dubai-based free zone make their way through, while BitOasis registers on an anti-money laundering system in the country.

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