Archive
Dubai Crown Prince Launches a AED370 Million Startup Growth Fund
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, approved the launch of the ‘Venture Debt Fund for Startups’ to bolster and sustain startup projects in the
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Banque Saudi Fransi Taps Backbase to Elevate Its Customers’ Digital Experience
Banque Saudi Fransi (BSF) has announced a new partnership with Backbase, an engagement banking platform provider, to transform its digital customer experiences. The bank said in a statement that the Backbase platform will enable a superior customer experience for its
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MENA’s Fintech App for School Fees Secures $9.4M Seed Round
zenda, MENA’s first fintech app for families has announced it has secured a $9.4m oversubscribed seed round. zenda currently addresses pain points around the payment of school fees – in particular, the lack of convenience and flexibility in payment options
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10 Fintech Accelerators to Know in the UAE
With over 400 fintech companies, the United Arab Emirates (UAE) is a major hub for fintech innovation in the Middle East and North Africa (MENA) region. Fast growth of the industry has been fueled by a number of fintech initiatives
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Kraken: First Licensed Global Virtual Asset Exchange in Abu Dhabi
Abu Dhabi Global Market (ADGM) welcomes Kraken to its fast-growing virtual asset community and financial ecosystem. Kraken is the first global cryptocurrency exchange to receive a Financial Services Permission (FSP) license to operate a regulated virtual asset exchange platform in the
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Tarabut Gateway Becomes First Regulated Open Banking Platform in the UAE
Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre
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Digital Shift Brings New Opportunities to UAE Freelancers and SMEs
In the United Arab Emirates (UAE), the digital shift brought about the COVID-19 pandemic has introduced new business opportunities to freelancers and small and medium-sized enterprises (SMEs). A new study conducted by online payments giant PayPal, in partnership with British
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Amazon Payment Services Appoints Country Head For Strategy and Growth in Saudi Arabia
Amazon Payment Services, a payment service provider operating across the Middle East and North Africa (MENA) region, has announced the appointment of Mona Alsemayen as the Country Head, Strategy and Growth for Amazon Payment Services in Saudi Arabia. Peter George,
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CR2 Named Technology Leader in the Digital Banking Platform Market 2022
Quadrant Knowledge Solutions announced today that it has named CR2 as a 2022 technology leader in the SPARK Matrix analysis of the global digital banking platform market. The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global digital
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Binance Secures In-Principle Approval to Operate in Abu Dhabi
Binance, a global blockchain ecosystem and cryptocurrency infrastructure provider, received its in-principle approvals to be a regulated virtual asset service provider in Abu Dhabi. The company received the in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market
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