Abu Dhabi
Wio Bank to Provide ADGM-Registered SMEs With Banking Services
Digital bank Wio has partnered with the Abu Dhabi Global Market (ADGM) to support small and medium-sized enterprises (SMEs) in the UAE with banking services. The partnership, which was announced during the Abu Dhabi Finance Week (ADFW), will see Wio
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Pyypl Raises US$20M Series B Investment To Expand in MENA
UAE digital wallet startup Pyypl has closed a US$20 million Series B funding round from a group of new and existing investors, and says that it is considering opening a second tranche for further investment. Founded in 2017, Pyypl is
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Wio Bank Partners Mambu for Its Digital Banking Service in Abu Dhabi
Abu Dhabi-based Wio Bank announced that its digital banking services is now enabled by Mambu’s API-driven cloud banking platform. Wio Bank first launched Wio Business, a subscription-based digital business banking application, in the UAE in September 2022 to serve startups,
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Aliph Capital Secures US$125 Million From ADQ for Its First Fund
Gulf alternative investment manager Aliph Capital has secured a US$125 million investment for its maiden fund from Abu Dhabi investment and holding company ADQ. The firm was founded by Huda Al-Lawati, a private equity professional with over 20 years of
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Informatica to Provide the Abu Dhabi Government With Data Cloud Services
American enterprise data management company Informatica has signed a multi-year agreement with the Abu Dhabi Digital Authority (ADDA) to provide the city’s government entities with cloud services. Informatica will be a non-exclusive supplier to all 76 Abu Dhabi government entities
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Emirates NBD Collaborates With Microsoft on Sustainability, Web 3.0
UAE banking group Emirates NBD and Microsoft announced that they will collaborate on areas such as the hybrid workplace, low code, Web 3.0, sustainability, and employee wellbeing. The announcement, which was made at GITEX Global 2022, follows the bank’s recent
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Hub71, GetFundedAfrica to Help Startups with Expansion Plans and Raise Funds
Abu Dhabi’s tech hub Hub71 has partnered with Nigerian platform GetFundedAfrica, a marketplace that matches startups seeking funding with investors, corporations and government. The partnership aims to provide a soft landing for Hub71 startups looking to expand into Africa, and
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Venom Foundation Is the First ADGM-Licensed Crypto Foundation
Venom Foundation is the first crypto foundation to be granted a license to operate a blockchain and issue utility tokens in the Abu Dhabi Global Market (ADGM). The foundation’s aim is to develop and support a self-sufficient blockchain ecosystem to
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OneConnect Establishes Regional Office in ADGM to Offer Digital Banking Solutions
Chinese financial technology company OneConnect has launched a regional operations hub in the Abu Dhabi Global Market (ADGM) to introduce its digital banking solutions. OneConnect and the ADGM previously worked together on the ADGM Digital Lab, a marketplace and industry sandbox
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Here Are the Top 5 Fintech Startups in the Middle East on LinkedIn in 2022
Five fintech companies made LinkedIn’s second annual top startups list featuring 10 companies in the UAE that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement, and their
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