Archive
10 Fintech Startups in Turkey to Watch Closely
Fintech is growing rapidly in Turkey. Investment in Turkish fintech companies grew 175% from US$4.6 million in 2012 to US$29 million in 2016, and the overall Turkish fintech industry, which counts more than 200 companies, according to the Fintech Ecosystem in
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ADGM Issues Public Consult on Regulatory Framework for Online Financing Platforms
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, published a consultation paper setting out its proposed regulatory framework for operators of Private Financing Platforms (PFPs) in ADGM. This follows positive feedback received from the industry in
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Crypto Asset Regulatory Framework for Abu Dhabi
Abu Dhabi Global Market (ADGM) las launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries in ADGM. This follows the successful completion of a public consultation on the introduction of a robust
Read More4 Things You Need to Know About Qatar Development Bank’s Fintech Incubator
In a nation where a majority of the labour force is in one way or another working with the government, there is a dearth of entrepreneurs with innovative ideas. As a result, the fintech scene in Qatar has seen some
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Fintech to Solve Financial Exclusion in Egypt
In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of unbanked people, according to experts and industry observers. Egypt is the most populous nation in the Middle East and North
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Israel Quickly Becoming a Leading Fintech Hub
From its origin as a 90-startup, US$13 million capital sector, the Israeli fintech industry has grown to include approximately 500 fintech startups, collectively raising an estimated total of US$500-650 million to date. According to a report by Deloitte, Israel is quickly becoming
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UAE Fintech Accelerator : 300 Applications
FinTech Hive, the first fintech accelerator in the Middle East, Africa and South Asia (MEASA) region, is gearing up to start its 2018 edition in September, in partnership with Accenture. FinTech Hive has received an overwhelming response of over 300
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Etisalat Adopts Latest Global IOT Security Guidelines
Etisalat today announced its commitment to adapt and implement a common approach to IoT security guidelines that will outline best practices and recommendations for the entire IoT ecosystem. These IoT security guidelines were set by the global organization ‘Global System
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SAP: Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa
As Saudi banks digitally transform, the Kingdom ranks as the top digital banking market in the Middle East and North Africa, with more than three-quarters of banking customers using online or mobile apps, industry experts announced today. In a recent
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Bahrain Witnesses Key Fintech Developments
Over the past year, Bahrain’s fintech ecosystem has witnessed several key developments including the launch of the Central Bank of Bahrain (CBB) dedicated Fintech and Innovation Unit and regulatory sandbox, two initiatives that highlight the growing market demand and interest
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