Archive
6 Fast-Growing Fintechs from Saudi to Keep a Close Eye on
These past few years have seen Saudi Arabia’s fintech sector gaining strong momentum, a growth that’s been fueled by favorable market conditions, the country’s dynamic startup ecosystem and booming funding activity. Between 2020 and 2021, the number of fintech companies
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Businesses Are Banking On 3DS2 for Secure Checkout in MENA’s Us$50B e-Commerce Market
The accelerated digitization brought on by the Covid-19 pandemic has boosted an already popular retail market in the Middle East and North Africa (MENA) region, bringing it to a new, larger, and global online sphere. Marketplaces, financial services providers, and
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Qatar Is Gearing Up to Host the First Ever InsurHack MENA in June
Qatar is gearing up to host InsurHack MENA, the first insurtech hackathon in the MENA region that is scheduled to take place virtually on the 5th and 6th of June, giving the flexibility for participants to join from any part
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Abu Dhabi Accelerator Hub71 Accepts 7 Fintech Startups for Its New Cohort
Hub71, Abu Dhabi’s global tech ecosystem, has accepted 7 fintech startups to join its growing community as part of accelerating the Emirate’s position as an innovation hub. The cohort which comprises a total of 16 startups, which has already raised
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Israel’s SHVA Selects Netcetera to Upgrade the Security of Online Payments
Netcetera, a Swiss software company that provides secure digital payments, has announced that it has partnered with Israel-based Automated Banking Services (SHVA). Through this partnership, Netcetera will be providing its 3-D Secure Acquiring solution suite to SHVA which will be
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Egypt’s Paymob Raises US$50 Million in Series B Fundraise
Paymob, Egypt’s omni-channel merchant financial services platform, announced it has raised US$50 million in a Series B funding round led by Kora Capital, PayPal Ventures, and Clay Point. This Series B funding round brings Paymob’s total funding to over US$68.5
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Using E-Signatures to Ensure Business Continuity in an Increasingly Digital World
The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher. Businesses
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Qatar Strives to Become a Global Fintech Hub
Striving to turn the country into a major fintech hub, the Qatar government has introduced a number of programs and initiatives to support local startups and entice international fintech companies to set up shop domestically and choose the nation as
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Dubai’s Virtual Assets Regulatory Authority Makes Its Debut in the Metaverse
Dubai’s Virtual Assets Regulatory Authority (VARA) announced its entry into the metaverse with the establishment of its Metaverse HQ in ‘The Sandbox’. VARA MetaHQ will serve as its primary channel to engage Virtual Asset Service Providers (VASPs) across the globe
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Fintech Becomes Favoured Investment Focus in MENA
In the Middle East and North Africa (MENA), fintech has emerged into the preferred investment target of investors. Between 2019 and 2021, the fintech sector captured the largest portion of dollars invested across all tech sectors, more than double enterprise
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