Archive
Saudi Arabia: Rising E-Commerce Activity Fuels BNPL Usage
Buy now, pay later (BNPL) arrangements are becoming increasingly popular in Saudi Arabia, a trend that has been fueled by the e-commerce boom and embraced by the country’s youth, tech-savvy population eager to adopt what they feel is a more
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Mashreq Invests with Venture Fund into NymCard
Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund
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Swiss SEBA Bank Secures Financial Services Permission From Abu Dhabi Global Market
SEBA Bank, a fully integrated, Swiss FINMA licensed digital assets banking platform, announced that it has secured a Financial Services Permission (FSP) from Abu Dhabi Global Market (ADGM)’s Financial Services Regulatory Authority (FSRA) effective as of 07 February 2022. Following
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Dubai: Top 11 Upcoming Fintech Events Taking Place in H1 2022
Physical, in-person events are back in full force this year as governments around the world ease up social distancing and traveling rules. As Dubai continues to see its fintech landscape grow and thrive, organizers are increasingly choosing the city to
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Go Digital in UAE and Squeeze the Best Benefits From Your Online Banking
The tech revolution is alive and well in the UAE with more than 90% of the population using digital banking. That means millions of people across the nation are using smartphones and mobile banking apps to open new accounts and
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Top Three Digital Fraud Prevention Trends for 2022
2021 was another memorable year. Organisations that built remote processes in response to the pandemic have spent the past year optimising and strengthening their systems to ensure a positive and secure customer experience. However, with identity theft, payment fraud, phishing,
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Top 6 Most-Well Funded Fintech Startups in Israel
Home to more than 800 fintech companies, Israel is today considered a powerhouse in the global fintech scene, having minted some of the world’s most notable startups including online broker eToro, paytech startup Rapyd, and insurtech provider Lemonade. In 2021,
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Etisalat: A New Digital Banking Platform for the UAE
ADQ, an Abu Dhabi-based investment and holding company announced the Central Bank of the UAE has granted an in-principle approval to launch a new digital banking platform, which will be called Wio. With its headquarters in Abu Dhabi, Wio will
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Dubai Blockchain Startup Pyypl Raises $11 Million Series A to Expand into Africa
Pyypl (pronounced “People”), announces it has closed a US$ 11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The international blockchain technology-based company provides digital payments and financial services for smartphone
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Egyptian Digital Investment Platform Raises $20 Million
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment. The round was co-led by Tiger Global, BECO Capital and Prosus Ventures, in addition to participation from Base Capital, first-minute and existing investors Endure Capital, 4DX
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