Posts From Fintechnews Middle East
Emirates Development Bank Launches Supply Chain Finance and Working Capital Solutions for SME’s
Emirates Development Bank (EDB) has inked a Memorandum of Understanding to create supply chain finance and working capital solutions for SMEs in collaboration with Trade Capital Partners (TCP). This partnership was facilitated by Hub71, Abu Dhabi’s global tech ecosystem, as
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Virtual Assets Trading Platform M2 Receives Financial Services Permission From Abu Dhabi Global Market
The new virtual asset platform M2 has been officially granted a Financial Services Permission (FSP) license in the Abu Dhabi Global Market (ADGM) from the Financial Services Regulatory Authority (FSRA) and is now approved to operate a multilateral trading facility
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Antler Accelerates MENAP Presence and Launches New $60M Early Stage Fund
Antler announces the expansion of its presence to MENAP with Dr. Jonathan Doerr and Romain Assunção as Partners. The firm aims to strengthen the region’s entrepreneurial ecosystem by backing exceptional founders at the earliest stage with co-founder matching, personalized coaching,
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Dubai Introduces AI and Web3 Licenses for Startups
The Dubai AI and Web 3.0 Campus has announced that it is issuing artificial intelligence (AI) and Web3 licenses supporting activities ranging from Distributed Ledger Technology Services, specialised Artificial Intelligence Research & consultancies, IT infrastructure builders, Technology Research and Development
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UAE Plans National System for Carbon Credits Based on Blockchain Technology
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, witnessed the signing of a Memorandum of Understanding between the Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation on cooperation to establish the
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Payoneer Acquires Israeli AI Data Platform Spott
Payoneer announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more informed and faster business decision-making. Spott’s technology will enable Payoneer to better understand and serve customers,
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Mastercard Partners With One Global to Introduce Click to Pay in Kuwait
Mastercard has launched Click to Pay (C2P) in Kuwait in collaboration with One Global under its Payment Service provider (PSP) license. Mastercard’s Click to Pay sets a new standard for guest checkout transactions, delivering a more consistent experience for consumers
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Tel Aviv Stock Exchange Signs Digital Asset Tech Agreement With Fireblocks
The Tel Aviv Stock Exchange (TASE) has signed a strategic agreement with Fireblocks. This strategic partnership empowers TASE to offer a comprehensive range of digital asset products and services, aligning with TASE’s new strategic plan. As a result, TASE will
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noon.com Launches Peer-to-Peer Payments Service “noon Pay”
Saudi Arabian e-commerce platform noon.com has launched noon Pay, a peer-to-peer payments service for its users in KSA and the UAE. noon Pay enables individuals to transfer money in the form of noon credits to anyone using just their mobile
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Top 17 Fintech Events Taking Place in H2 2023 in the Middle East
The Middle East has emerged as a dynamic hub for fintech innovation, driven by regional economic strategies that prioritize digital transformation, financial inclusion, and diversification from oil-dependent revenue streams. The industry is accelerating rapidly, fueled by an influx of capital,
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