Posts From Fintechnews Middle East

Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia

CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from the Bill & Melinda Gates Foundation to help increase cyber security capacity in Nigeria, Uganda, Tanzania, Kenya, Ethiopia, Pakistan, Bangladesh

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DIFC Launches New License for Tech Startups and Entrepreneurs

The Dubai International Financial Centre (DIFC), a special economic zone in Dubai and a financial hub for the Middle East, Africa and South Asia (MEASA) markets, has launched a new license for startups, entrepreneurs and technology companies. The Dubai Innovation

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UAE Leads MENA in Financial Inclusion: Research

Financial inclusion diverges across the Middle East and North Africa (MENA), with the United Arab Emirates (UAE) taking the lead and Morocco lagging behind, according to a new report by Fintech Consortium, Bahrain Fintech Bay, and Jordan Fintech Bay. In

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Fintech In Kenya: An Overview

Over the last couple of years, Kenya has been touted as a center for technological innovation from which highly innovative financial technologies, (fintech), have emerged. Kenya falls among top African nations that are innovators in the financial sector, only coming

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Saudi Arabian Startup Funding Hit New Records

In 2019, Saudi Arabian startups raised a record of US$67 million through 71 deals, representing a 35% increase in investment amount and a 92% increase in deal count, according to the 2019 Saudi Arabia Venture Capital Snapshot report by startup

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UAE Sees Rapidly Expanding Blockchain Ecosystem

The blockchain ecosystem in the United Arab Emirates (UAE) is home to more than 120 blockchain companies and 40 government entities covering 200-plus initiatives, according to a new whitepaper by the World Economic Forum (WEF) produced in collaboration with the

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A Crypto Valley Collaboration in Dubai to Boost the Blockchain Ecosystem

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – announced its strategic partnership with CV Labs in Switzerland, to launch Crypto Valley – the world’s largest ecosystem for cryptographic, blockchain and

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Fintech Startupbootcamp Dubai Selects 10 Startups For 2020

Startupbootcamp FinTech Dubai just announced the ten startups selected for their second cohort. The accelerator program launched its first cohort in 2018 and it is backed by UAE’s FinTech leaders, Dubai International Financial Centre (DIFC), HSBC, Visa and Mashreq Bank.

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Top 21 Upcoming Fintech Events in the Middle East in 2020

Fintech is one of the hottest industries in the Middle East and North Africa (MENA). Since 2015, a total of US$237 million has been invested in MENA’s fintech startups through 181 deals, representing 7% of the total MENA startup funding

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Lebanon’s Fintech Startup Ecosystem: An Overview

Lebanon is one of the Middle East and North Africa (MENA) region’s largest fintech markets, accounting for 9% of all fintech startups in MENA and representing its third largest fintech ecosystems after the United Arab Emirates (UAE) and Egypt, according

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