Posts From Fintechnews Middle East

Top 30 Fintech Influencers of the MENA Region in 2021

The Digital Fifth, an Indian fintech consulting and advisory firm for financial institutions, has released a list of the top 30 fintech influencers in the Middle East and North Africa (MENA) region which has witnessed a flourishing fintech landscape in

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11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort

Startupbootcamp Fintech Dubai’s industry focused accelerator programme has concluded with 11 startups graduating from its third cohort. Startupbootcamp Fintech Dubai was launched in 2018 in partnership with Dubai International Financial Centre’s Fintech Hive (DIFC), Visa, Mashreq bank and HSBC. To

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Israeli Neobank for Expats Rewire Raises $20 Million in Series B Funding Round

Rewire, a Tel Aviv-based neobank for migrants, announced a Series B funding round of $20 million led by global crowdfunding platform OurCrowd and also included a line of credit from an unnamed bank. Rewire said that the current round of

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How to Buy Cryptocurrencies in the UAE

The cryptocurrency market has had a wild year. Market capitalization jumped 750% between January 2020 and February 2021 to reach an all-time high of US$1.7 trillion. In this timeframe, the price of bitcoin surged more than 600% to surpass 57,000

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Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub

The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region. The Dubai Sustainable

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ADGM Partners UAE University to Launch Startup Accelerator Hub

The Abu Dhabi Global Market‘s Registration Authority (ADGM RA) and United Arab Emirates University (UAEU) represented by UAEU Science and Innovation Park (UAEU SIP) will collaborate to develop the UAE’s entrepreneurial ecosystem. ADGM RA and UAEU SIP entered into a

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Visa Supports Egyptian Fintechs With Training Programme

Egypt’s Information Technology Industry Development Agency (ITIDA) has collaborated with Visa to launch their fintech training programme for Egyptian fintech startups and entrepreneurs. The ITIDA-VISA Mentorship Programme aims to enhance cooperation in supporting entrepreneurship, encouraging startups to develop innovative fintech

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Abu Dhabi Global Market Enacts Its Electronic Transactions Framework

Abu Dhabi Global Market (ADGM) announced that it has enacted the Electronic Transactions Regulations 2021. The objective of these regulations is to confirm that electronic signatures, contracts, records and documents are legally enforceable in ADGM as the traditional non-electronic versions.

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Bank of Ghana Pilots Fintech Sandbox

The Bank of Ghana launched a regulatory and innovation sandbox pilot in collaboration with fintech firm EMTECH which provides cloud-based software specifically for central banks. The sandbox is a supportive and controlled policy environment that enables firms to test innovative

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Dutch Payments Platform Adyen to Expands to Dubai

Adyen, the global payments platform based in Netherlands, announced that it will expand its offering to the Middle East by opening a new office in Dubai. Adyen said in a statement that this will enable its existing merchant base to

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