Archive

QPS Global to Pour Us$10 Million Into Middle East Expansion

US Fintech company QPS Global will be expanding its operations in the Middle East, the company has announced. To this end, the company will be making an investment of US$10 million in the region over the next 6-12 months. The

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6 Fintech Startups in Egypt to Watch in 2021

Key developments in the Egyptian startup ecosystem have led to a renewed appetite for growth in the space, and for its fintech startups in Egypt as well. Much of this activity is attributed to a slew of policy level shifts.

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5 Fintech Initiatives to Follow in Bahrain

From a digital currency project, to a fintech innovation challenge, here’s what’s transpired for fintech in Bahrain during the year so far. Bahrain’s focus on the fintech sector is putting the country on the map as a hub for fintech

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Mambu Launches New SME Financing Product

Global SaaS cloud banking platform Mambu has launched a new digital banking platform for SME financing, according to a statement today. The platform gives banks and fintechs access to scalable loan management technology. It also offers a network of partner

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ZurichPro Expands Digital Capabilities With 360F

Zurich International Life announced that it has expanded ZurichPro’s digital capabilities in partnership with Singapore-headquartered automated advisory fintech 360F.The move will especially service in-force policies, reviewing their sustainability with re-illustration functionalities. 360F’s modern pricing engine, built for the initial launch

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Jingle Pay and Al Fardan to Offer App-Based Expat Remittances

Dubai-based fintech startup Jingle Pay announced that it would be partnering with UAE-based financial services provider Al Fardan Exchange to provide expat remittances via mobile apps. Under the partnership, users will be able to access a mobile app-based remittance solution.

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UAE Fintech Report and Map 2021: Fintech is Booming in Dubai and Abu Dhabi

In the United Arab Emirates (UAE), the fintech sector continues to grow and mature on the back of rising adoption of digital payments, booming e-commerce activity and a nascent, yet vibrant, digital banking landscape, a new report by Fintech News

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13 Upcoming Fintech Events in Dubai and 1 Fintech Festival in Abu Dhabi

As movement restrictions are easing up around the world, physical events are coming back. In the Middle East, the region’s top fintech hub, the United Arab Emirates (UAE), will be hosting several major fintech conferences and trade shows in the

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Switzerland’s Aspirations and Fortification of Ties With Qatar

Two years after Qatar gained independence in 1971, the Federal Council of Qatar first established diplomatic relations with Switzerland. This culminated in the establishment of the Qatar embassy in Bern in 2012. Shortly after, the Swiss embassy in Doha was

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Digital Wallet Spendwisor Secures US$50 Million From GEM Global Yield

Spendwisor, A US-based mobile payment app with branches in Qatar and the UK, announced a QAR 190 million (US$50 million) investment commitment from GEM Global Yield, which is a US$3.4 billion Luxembourg-based private alternative investment group. The firm aims to

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