Archive

The Winners of the Citi MENA Fintech Challenge

Citi announced the winners of the MENA Fintech Challenge. Fawry, PaySky, Octet and Wipro Limited and Traydstream.The Citi MENA Fintech Challenge offered the region’s Fintech community the opportunity to put their ideas into practice and come up with innovative solutions

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10 New Global Innovators Join Mohammed Bin Rashid Innovation Accelerator Program

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has selected ten local and global innovators for the Summer Cohort of the MBRIF Accelerator program. The ten

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The FinTech Abu Dhabi Awards 2019 Winners

They create an industry-wide, internationally recognised gold standard for excellence in the field of FinTech while promoting and supporting existing and emerging talent within the UAE and the wider MENA region. Judged by an expert panel of global FinTech luminaries

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UAE Seeks to Gather Industry Feedback on Crypto Asset Draft Regulations

In line with its tireless efforts to regulate and develop capital markets operating in the United Arab Emirates, the Securities and Commodities Authority (SCA) has recently posted draft regulations concerning crypto assets on its website, www.sca.gov.ae. It, therefore, urges all

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The Innovation Challenge Winners at Fintech Abu Dhabi

Future trends in the FinTech industry and the next generation of startups took centre stage as FinTech Abu Dhabi Festival drew to a close today. Held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman

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Swiss Fintech Provider Crealogix Accelerates Middle East Expansion with New Office in Saudi Arabia

CREALOGIX, a leading international Fintech company headquartered in Switzerland announced the opening of its new office in Riyadh, Saudi Arabia. The Riyadh office will be headed by Jamal M. Habahbeh, an expert in technology transformation with over 28 years of

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Innovation, Disruption and Global Expansion Takes Centre Stage at Fintech Abu Dhabi

The growth of the FinTech industry and its success in transforming the way we live were top of the agenda today, as the second day of FinTech Abu Dhabi welcomed more than 5,000 local and international delegates. Delegates were told

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MENA Fintech Startup Funding Report and Map

Fintech is booming in the Middle East and North Africa (MENA), now representing one of the hottest industries in the region, according to a new report by investment data platform Magnitt and the Abu Dhabi Global Market (ADGM) international financial

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918 Million MENA-Focused Tech Investment Funds Announced

Global investors are increasingly looking to the Middle East and North Africa for the next unicorn and high return investments, delegates in Abu Dhabi heard as the third edition of FinTech Abu Dhabi opened with the Investor Forum. More than

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57% of MENA Startup Founders Expect to Exit (for US$100m) Within 5 Years

57% of startup founders in the Middle East and North Africa (MENA) region are confident they will exit their startup within the next five years, with 59% of them “certain” they will sell for a US$100 million valuation or higher,

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