Archive
Crowdfunding And Peer-To-Peer Lending In The UAE
In the United Arab Emirates (UAE), peer-to-peer (P2P) lending has emerged as a way to support local small and medium-sized businesses (SMEs), many of which have been rejected by conventional banks. According to data from Khalifa Fund, approximately 50-70% of
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ADGM And Bahrain Economic Development Board Sign Region’s First MENA Fintech Agreement
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the leading
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Fintech Innovation: Why The Middle East Will Be The Place To Be In 2018
The Middle East’s fintech ecosystem grew significantly in 2017 and further development is expected in the coming years fueled by government support and increasing demand for accessible, cheap, tech-enabled financial solutions. Fintech startups have raised over US$100 million in the
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The Gateway into the Middle East – CREALOGIX acquires Innofis
CREALOGIX a Swiss baded Digital Banking Solutions Provicder will acquire 100% of the Barcelona-based Innofis – a well-established digital banking supplier for the Middle East, serving leading banks of the region. With the acquisition, CREALOGIX will gain an established customer
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Turkish Fintech Sector Sees Strong Growth
The Turkish fintech ecosystem has shown strong growth with the support of a solid banking industry, a thriving startup scene, and a growing young population. In particular, Istanbul, the most populous city in Turkey and the country’s economic, cultural and
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Fintech Flourishes in MENA: Report
The fintech sector in the Middle East and North Africa (MENA) region is flourishing driven by the large pool of financially underserved individuals and businesses, and a thriving e-commerce sector, according to a report by the Wamda Research Lab and
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Fintech UAE Startup Report and Map
The United Arab Emirates (UAE) is poised to become a fintech nexus in the Middle East, aided by government agencies and regulators working together to turn the country into a global fintech powerhouse, according to a new report. These are
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