Posts From Fintechnews Middle East
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
Read More
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
Read More
Singapore Fintech in Exclusive Middle East Partnership with UnionPay
MoovPay Global, a Singapore based Fintech, has signed an exclusive partnership with China’s UnionPay International (UPI) for cross-border cashless payment services in the Middle East. The partnership will allow businesses in the Arab world to use UPI’s range of payment
Read More
Governor of Qatar Central Bank Reveals that a Fintech Plan is in The Works
The Governor of Qatar Central Bank (QCB), Sheikh Abdulla Bin Saud Al-Thani revealed at the Euromoney Qatar Conference 2019 that the central bank is preparing to announce its fintech strategy which will be part of the Qatar National Vision 2030
Read More
Dubai Just Launched a Virtual Company License. And It Costs US$233
Dubai has just launched the Dubai Virtual Commercial City (VCC), a program which enables entrepreneurs and freelancers who do not reside in the United Arab Emirates (UAE) to start a virtual company registered in Dubai. As part of the program,
Read More
3 Must-Attend Upcoming Fintech Events in Saudi Arabia
2018 was a key year for Saudi Arabia’s fintech sector as the government began to actively support the development of a healthy and vibrant fintech ecosystem. 2018 was marked by several milestones in the Saudi fintech landscape, with the launch
Read More
Regtech Still Nascent in the Middle East
Regtech is still a nascent niche segment within the Middle East’s fintech industry, though governments across the region are pushing for greater use of technology to enhance regulatory processes. The United Arab Emirates (UAE), the region’s leader in all-things fintech,
Read More
MENA Fintech Startup Funding Report and Map
Fintech is booming in the Middle East and North Africa (MENA), now representing one of the hottest industries in the region, according to a new report by investment data platform Magnitt and the Abu Dhabi Global Market (ADGM) international financial
Read More
57% of MENA Startup Founders Expect to Exit (for US$100m) Within 5 Years
57% of startup founders in the Middle East and North Africa (MENA) region are confident they will exit their startup within the next five years, with 59% of them “certain” they will sell for a US$100 million valuation or higher,
Read More
UAE and Middle East Banks Now Have a Way to Benchmark their Digital Banking Offerings
In response to digital mass adoption, Banks undergo drastic renovation in their digital channels, trying to remain competitive and avoid disruption. High-street Banks, Challenger Banks, even FinTech companies, often wonder: What functionality is offered by my competitors and what is
Read More