Abu Dhabi

Amid BNPL Boom, UAE’s tabby Picks Up US$50 Million Funding

UAE-based buy now pay later (BNPL) company tabby has secured US$50 million in its latest round of funding, according to a statement by the company today. The Series B round was led by Global Founders Capital and STV. Delivery Hero,

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Payit and PLATX Launch UAE’s First WhatsApp-Enabled Payment Solution

First Abu Dhabi Bank (FAB)-owned digital wallet Payit has announced a partnership with digital support services provider PLATX Omni Channel Conversational Commerce to provide a first-of-its-kind solution for UAE-based merchants. The two companies will enable merchants to collect customer payments

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UAE-Based “Robinhood” Style Fintech baraka Raises US$4 Million

UAE-based fintech baraka has raised US$4 million in a seed stage round, the company announced today. The round was raised from Y Combinator, Global Founders Capital, Raptor Group, Tribe Capital, and Nuwa Capital. Existing investors FJ Labs, VentureSouq, and Class

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All You Need to Know About Fintech in Dubai vs Fintech in Abu Dhabi

The UAE is emerging as a regional hub for fintech in the Middle East. Off to a strong start in 2021, the UAE is quickly its position as a leader in this space across the MENA region, providing a boost

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QPS Global to Pour Us$10 Million Into Middle East Expansion

US Fintech company QPS Global will be expanding its operations in the Middle East, the company has announced. To this end, the company will be making an investment of US$10 million in the region over the next 6-12 months. The

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Mambu Launches New SME Financing Product

Global SaaS cloud banking platform Mambu has launched a new digital banking platform for SME financing, according to a statement today. The platform gives banks and fintechs access to scalable loan management technology. It also offers a network of partner

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ZurichPro Expands Digital Capabilities With 360F

Zurich International Life announced that it has expanded ZurichPro’s digital capabilities in partnership with Singapore-headquartered automated advisory fintech 360F.The move will especially service in-force policies, reviewing their sustainability with re-illustration functionalities. 360F’s modern pricing engine, built for the initial launch

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UAE Fintech Report and Map 2021: Fintech is Booming in Dubai and Abu Dhabi

In the United Arab Emirates (UAE), the fintech sector continues to grow and mature on the back of rising adoption of digital payments, booming e-commerce activity and a nascent, yet vibrant, digital banking landscape, a new report by Fintech News

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13 Upcoming Fintech Events in Dubai and 1 Fintech Festival in Abu Dhabi

As movement restrictions are easing up around the world, physical events are coming back. In the Middle East, the region’s top fintech hub, the United Arab Emirates (UAE), will be hosting several major fintech conferences and trade shows in the

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Mashreq Taps Comarch to Digitise Its Wealth Management Offering

Mashreq has chosen global software company Comarch to deliver investment propositions which will add value to its wealth management services, add reporting functionality, and enhance overall customer experience. The first stage of the project, which has been completed, provides Mashreq

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