Posts From Company Announcement
Saudi Licenced Fintech Startup Hala Closing a $6.5 Million Series A Round
Hala (previously Halalah) one of the first fintech startups to obtain the full SAMA license, secures $6.5 Million (24.3 Million SAR) Series A round. The round included the participation of Impact46 Growth fund, Wamda & strategic investors. With the recent
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Crypto Businesses Now Able to Set Up at DMCC in Dubai Following SCA Agreement
The Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of understanding (MoU) with the Securities and Commodities Authority (SCA) to establish a regulatory framework for businesses offering, issuing, listing, and trading
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SH Capital Ltd Launches in Dubai to Empower SMEs With Global Banking Services
A new digital treasury services management provider SH Capital Ltd (SHC), launches in Dubai today with a mission to empower small and medium sized enterprises (SMEs & MMEs) by offering world class global banking services, asset management, FX hedging solutions,
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Leading Swiss Wealthtech Additiv Targets Middle East Expansion
additiv, a global SaaS provider to the wealth management industry, today announces the opening of a new office in Dubai as well as the appointment of a Managing Director for UAE, as it seeks to expand its footprint in the
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Tabby’s Pay Later Solution Launches in Saudi
tabby, a UAE-based Fintech startup, has launched its “Buy Now Pay Later” solution in Saudi Arabia after completing its latest round of funding. The solution enables shoppers to make instant and interest-free installments when they complete their online purchases. The
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DEX Secures Regulatory Approval in the Abu Dhabi Global Market from the FSRA
DEX, a global digital assets marketplace headquartered in Abu Dhabi, has secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) in the United Arab Emirates (UAE). The FSP authorizes
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Commercial Bank of Dubai and Thunes Partner to Offer Real-Time International Remittances
Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows between the UAE and the rest of the world. Through this
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Mamo Pay Is Working With Visa to Deliver the Next Innovation in Payments
Mamo Pay, the MENA region’s highly anticipated peer-to-peer mobile payments app, announced that it has joined Visa’s Fintech Fast Track program, allowing Mamo Pay to reach a wider audience, and benefit from the capabilities, and security of VisaNet, Visa’s global
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UAE Consumers Go Cashless as Trust in Digital Payments Surges Amid COVID-19
Dubai Police, Dubai Economy (DED), and Visa released findings of a survey on the impact of COVID-19 pandemic on payment behavior of consumers in the UAE. The survey also looks at consumers’ general views, preferences and concerns related to digital
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Saudi Monetary Authority Deployed Blockchain Tech for Money Transfer With Local Banks
Saudi Arabian Monetary Authority (SAMA) has recently used blockchain technology to deposit part of the liquidity that SAMA had previously announced, to be injected into the banking sector, as part of SAMA’s actions aimed at enhancing the sector’s capabilities to
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