Posts From Fintechnews Middle East
Thunes Enters Saudi Arabia and Appoints Country Head
Thunes, a global cross-border payments company, today announced that it is accelerating the expansion of its services in the Middle East and North Africa (MENA) region, setting up an office in the Kingdom of Saudi Arabia, and appointing a new
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Abu Dhabi Proptech Startup SmartCrowd Secures Saudi Fintech Licence
SmartCrowd Holdings, a regional pioneer in fractional real estate investments, has been granted a FinTech experimental license by the Saudi Capital Markets Authority (CMA). SmartCrowd is currently working on completing business requirements for the upcoming launch of its Real Estate
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Tabby Secures $150M Credit Facility From Atalaya Capital
Tabby, MENA’s payments and shopping app, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth (PFG). Headquartered in New York, this facility marks Atalaya Capital Management’s first deal in the MENA region.
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SC Ventures Launches Fintech Startup in Dubai
SC Ventures announced the launch of Appro, a fintech startup that digitises, streamlines and simplifies the retail banking user journey. Backed by SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, the bank-agnostic platform aims to reduce the time
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New Payments Index 2022: UAE Consumers Embrace Digital Payments
Adoption of a broader range of digital payment methods is accelerating in the UAE and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022. In addition to being aware of solutions like
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Top 4 Emirates Skywards Miles Credit Cards in the UAE
For frequent flyers, travel reward schemes are an extremely useful resource which helps them save money on their travel experience, get nearly free flights and hotel stays, and take on luxury vacations that they would otherwise be unwilling to spend
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Direct Remittance Service From Qatar to the Philippines Through Ripplenet
QNB,one of the largest financial institution in the Middle East and Africa, has launched Direct Remittance service for money transfers from Qatar to the Philippines, which makes it the first bank in Qatar to launch the service. To provide this
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Huobi Secures Provisional Approval From Dubai Virtual Assets Regulatory Authority
Cryptocurrency exchange Huobi Group announced that it has been granted a MVP provisional approval by the Dubai Virtual Assets Regulatory Authority (VARA). The license will enable Huobi Investment FZE, Huobi’s UAE-based entity, to offer a full suite of virtual asset
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Dubai Launches Its Official Metaverse Strategy
In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive
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Dubai Freezone Cements Position as Leading Regional Fintech Hub
The Dubai International Financial Centre (DIFC), the city’s financial freezone, is aggressively cementing its position as the top fintech hub in the Middle East, Africa and South Asia (MEASA), unveiling a number of initiatives this year aimed at fostering innovation,
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