The Fintech News Network is pleased to announce the launch of our eighth publication; Fintech News Africa. The Fintech News…
Month: March 2021
SABB and Geidea launched a partnership to launch an app-based tap-on-phone (SoftPoS) solution under the enablement and guidance of Saudi…
NOW Money, a Dubai-based digital banking solution provider for low-income migrant workers, has secured $7 million in a funding round…
The Dubai Financial Services Authority (DFSA) is requesting feedback on its proposed regulation of security tokens. The DFSA has published its…
The Saudi Central Bank (SAMA) has granted two licenses to International Digital Solutions Co and Azm Fintech Co to provide…
Ethiopia’s large population of unbanked, the government’s current digital push, and recent finance reforms are bringing new opportunities for fintech…
MoneyGram, an American money transfer company, announced that it has signed an agreement to launch its remittance capabilities on Pay+,…
A survey conducted by Várri Consultancy, a Dubai-based consultancy focused on strategy and risk assessment, found that as the UAE…
Hala (previously Halalah) one of the first fintech startups to obtain the full SAMA license, secures $6.5 Million (24.3 Million…
The Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of…
The Central Bank of the UAE (CBUAE) has issued two new regulations namely the Large-Value Payment Systems (LVPS) Regulation and…
Saudi-based crowdlending platform Lendo announced that it has successfully raised US$ 7.2 million (SR 27 million) in Series A within…
African payments company Flutterwave announced that it has secured US$170 million during its Series C round, attaining unicorn status with…
Citi has announced the launch of a new service for its institutional clients that speeds up the processing of their…
Emirates NBD announced that it has integrated its website with UAE PASS, enabling individual customers to seamlessly open a bank…
baraka, a UAE-based fintech startup, introduced its proprietary commission-free mobile trading platform following a pre-seed capital raise of USD 1…
Sarwa, a Dubai-based investment advisory platform, is launching a zero-commission trade service in the United Arab Emirates (UAE). The new…
Egyptian fintech startup NowPay signed a Memorandum of Understanding with the Export Development Bank of Egypt (EBE) for a credit…
PayPal announced that it has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital…
Dubai-based neobank YAP has launched as the first independent digital banking platform in the UAE according to Reuters. YAP said…