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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 MoreAbu 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 MoreAfrican 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 MoreSaudi Arabian Bank Launches Blockchain-Based Cross-Border Payments System
At the Financial Sector Conference last month in Riyadh, Saudi Arabia, Saudi British Bank (SABB), one of the five largest banks by deposits in the country, announced the launch of a real-time cross-border transfer service based on the Ripple blockchain
Read MoreNational 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 MoreAbu Dhabi Reviews Crypto Asset Regulation to Include Stablecoins
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced that it has enhanced its “Guidance for the Regulation of Crypto Asset Activities”. This is the second edition to the initial guidance published in June 2018. The
Read MoreVisa 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 MoreUpcoming 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 MoreThis 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 MoreMeet the 10 Graduates of Startupbootcamp Fintech Dubai Accelerator’s First Cohort
Startupbootcamp FinTech Dubai Accelerator hosted their Demo Day in Dubai on Tuesday, April 30th, with the participation of over 250 people among UAE’s industry leaders and international fintech experts in attendance. The accelerator is supported by Dubai International Financial Centre
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