Posts From Company Announcement

Kyriba Expands Footprint in Middle East and Africa

Kyriba, a global liquidity solutions provider announced a partnership with Midis Group, a technology organization, comprising some 170 companies across 70 countries in the EMEA region. The alliance will enable the delivery of localized services and support in these regions

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Dubai Financial Services Authority Published Discussion Paper on Digital Assets Custody

The Dubai Financial Services Authority (DFSA) along with Deloitte Middle East published “A Market Overview of Custody for Digital Assets” with the aim of highlighting the importance of digital asset custodians and the key role they play in the future

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Pay Later Solution Tabby Secures $7m Funding to Launch in Saudi Arabia

Tabby, the UAE-based FinTech startup and the region’s first Buy Now Pay Later solution, today announced it has raised $7M to fund its growth and launch its offering in Saudi Arabia. The funding round was led by Raed Ventures with

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DIFC’s 100USD Million Fintech Fund Invests in 4 Fintech Startups

Dubai International Financial Centre (DIFC) announced that it has invested in four FinTech start-up companies. The investment reflects the DIFC’s commitment to driving the future of finance and is part of the USD 100 million FinTech Fund launched in 2019

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Central Bank of UAE and ADGM to Jointly Host and Organise Fintech Abu Dhabi 2020

The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) will collaborate and jointly host and organise the 4th annual FinTech Abu Dhabi Festival which will be held from 24 to 26 November 2020. Celebrating its fourth edition,

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Flat6labs Bahrain Holds Their First Digital Demo Day for Its 4th Cycle

Flat6Labs Bahrain announced that it has successfully completed 4 Cycles since its launch in March 2018. Within its 2 years of operations, the accelerator has reached several milestones which include job creation, supporting startups & the local ecosystem, raising awareness

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UAE Based Fintech Pointcheckout Wins Euvsvirus Hackathon Challenge

PointCheckout has developed an innovative solution using its digital wallet platform to tackle the distribution of support funds in a fast, secure and efficient way to citizens. The #EUvsVirus Hackathon featured close to 21,000 participants and brought together people of

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Hubpay, the Digital Wallet for the Remittance Community in the Gulf, Announces Its Seed Round

Hubpay announces its Seed funding round led by a leading US venture capital firm – Signal Peak Ventures. The investment raised will support the launch of Hubpay’s digital wallet in the Middle East market. Additionally, a UAE angel investment group

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Saudi Banks Need to Accelerate Digital Transformation Plans Amid COVID-19 Disruptions

Banks in Saudi Arabia have to revisit their digital transformation plans and strive to launch new channels that will sustain delivery of products and services amid the Covid-19 pandemic, according to the findings of a new report released KPMG Al

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Dubai Welcomes Regulatory Sandbox Applications for Its 2020 Summer Cohort

The Dubai Financial Services Authority (DFSA) invites applications from local and international companies to apply to join its 2020 Summer Cohort. Successful cohort applicants will be invited to apply to enter the DFSA’s version of the regulatory sandbox, known as

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