Fintech News Middle East would like to take this opportunity to wish all our readers a Merry Christmas and a…
Year: 2021
Saudi Arabia-based Arab National Bank has signed on US-based open source solutions provider Red Hat, Inc., for the latter’s open…
OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction…
The Dubai World Trade Centre (DWTC) has announced that it will be working as a comprehensive zone and regulator for…
Global payment gateway solutions provider Checkout.com saw “record-breaking payment processing growth” this year. Checkout.com posted an increase of nearly 75%…
Saudi Arabia startups raised US$205 million across 34 deals in Q3, their best ever quarter in terms of funding, according…
Issuer processors Paymentology and Tutuka announced that both entities are merging to create a new payments and card processing powerhouse.…
Abu Dhabi’s sovereign wealth fund Mubadala has made investments in the crypto ecosystem amidst its growing value, Reuters reported. “This…
Pakistan-based digital bookkeeping solution CreditBook has raised US$11 million in a pre-Series A round. The round was led by Tiger…
Open banking is one of the top fintech trends to have swept the Middle East. The opportunity for open banking…
Online identity verification for financial services is quickly becoming the standard across all continents and countries. Financial services companies that…
AI-based Israeli digital bank First Digital Bank has secured US$120 million in a Series A equity round. The 2019-founded digital…
The payment and ecommerce revolution has been a bit delayed in the Middle East, compared to tech hotspots in the…
Israeli payment solution provider and fintech unicorn Rapyd is opening an office in Dubai as it aims to resolve a…
The Arab Monetary Fund (AMF) and Mastercard have signed an MoU to allow for interoperability between Mastercard and Buna, the…
Global cryptocurrency exchange Binance is likely to soon sign an MoU with the Dubai government for crypto-related activities. The emirate…
UAE-based lending platform Lnddo has partnered with global SaaS cloud banking platform Mambu to develop a scalable digital lending solution…
Robo-advisory platforms in the Middle East are quickly taking off, with a number of local players having recently joined the…
South Africa will be launching a new regulatory framework for cryptocurrencies in early 2022 (Bitcoin.com). The country’s Financial Sector Conduct…
Digital payment solutions provider Arab Financial Services plans to raise US$98 million to boost revenue growth and strategic expansion. Shareholders…