Posts From Fintechnews Middle East
10 Fintech Startup Funds and Support Programs in the UAE
The United Arab Emirates (UAE) has been working towards becoming one of the world’s top ten innovation leaders by 2021. Earlier this year, the UAE government announced that it would provide long-term visas to founders and owners of tech startups
Read More
Mastercard Partners with Bahrain FinTech Bay to Foster Fintech Innovation in the Kingdom
Mastercard announced a partnership with Bahrain FinTech Bay in their effort to support the development of Bahrain’s fintech industry. Through the partnership, Mastercard and Bahrain FinTech Bay will work together to offer Bahraini startups and SMEs with educative and commercial
Read More
Meet the 10 Fintechs Selected Startupbootcamp’s First Ever Cairo Cohort
Egypt’s multi-partner backed FinTech accelerator program Startupbootcamp-Pride FinTech Cairo holds its first Demo Day to present 10 graduating startups to investors, industry experts and entrepreneurship ecosystem stakeholders on the 22nd of May. The maiden programme was first announced officially in
Read More
Abu Dhabi Islamic Bank Joins Trade Finance e-Marketplace
Abu Dhabi Islamic Bank announced that it signed on to be part of TradeAssets, a trade finance e-marketplace headquartered in UAE. By being part of this fintech platform Abu Dhabi Islamic Bank will be able to use TradeAsset to automate
Read More
African Startup Wari Enables Customers to Request Financial Services on WhatsApp
WhatsApp has become a integral part of many of our lives, over 1 billion people in over 180 countries use WhatsApp to stay in touch with friends and family. Wari, an African-based startup said that Whatsapp’s ubiquity is precisely the
Read More
National Bank of Bahrain Embraces Open Banking
National Bank of Bahrain (NBB) announced that they have started enabling open banking services to its customers. This service enables account holders to share their account information and payment history externally with other banks and with licensed third parties. NBB’s
Read More
Abu Dhabi Reviews Crypto Asset Regulation to Include Stablecoins
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced that it has enhances has enhanced its “Guidance for the Regulation of Crypto Asset Activities”. This is the second edition to the initial guidance published in June 2018.
Read More
Visa Partners with Bahrain Fintech Bay to further Develop Bahrain’s Fintech Ecosystem
Visa has partnered with Bahrain FinTech Bay to further support the development of the FinTech ecosystem in Bahrain. Bahrain FinTech Bay was established a year ago and it claims to have around 100 partners . The partnership will focus on
Read More
Upcoming Fintech and Digital Finance Events in MENA
Fintech is booming in the Middle East and North Africa (MENA) as regulators and government agencies in countries including the United Arab Emirates (UAE), Bahrain and Saudi Arabia are pushing for innovation in the financial services industry to improve financial
Read More
This Regtech Now Taps Directly into Bahrain’s National ID Data to Offer Quicker eKYC
Fenergo, a recognised Dublin-based provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announces that it’s working with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) in designing and implementing a national Know Your Customer (KYC) utility incorporating
Read More