Archive
Israel, Norway and Sweden Explore Interlinking CBDC Systems for International Payments
The Bank of Israel, Norges Bank, Sveriges Riksbank and the Bank for International Settlements (BIS) are launching Project Icebreaker to explore how central bank digital currencies (CBDCs) can be used for international retail and remittance payments. The project aims to
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Here Are the Top 5 Fintech Startups in the Middle East on LinkedIn in 2022
Five fintech companies made LinkedIn’s second annual top startups list featuring 10 companies in the UAE that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement, and their
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Tabby, Paymob Partner to Enable BNPL Payments for Retailers in Egypt
BNPL shopping app Tabby and payments company Paymob have partnered to enable in-store and online retailers in Egypt to benefit from Tabby’s Buy Now Pay Later (BNPL) payment solution via Paymob’s gateway. Tabby, which was founded in the UAE in
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DIFC Launches ESG Self-Assessment Tool for Companies
The Dubai Sustainable Finance Working Group (DSFWG) has introduced a self-assessment tool for companies to measure the maturity of their Environmental, Social and Governance (ESG) policies and practices. The tool was developed in-line with the United Nations’ Sustainable Development Goals
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Fintech Galaxy Appoints Salt Edge’s Senior Execs As Its New COO and CFO
Open banking platform Fintech Galaxy announced the addition of executive team members as it looks to ramp up its product offering and presence across the region, especially in the UAE, Saudi and Bahrain. This most notably included the appointment of
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Abu Dhabi’s ADQ Launches US$200M Fund for Early Stage Startups
Abu Dhabi sovereign wealth fund ADQ has launched a new venture capital firm called Further Ventures, serving as the anchor investor in its first US$200 million fund. Further Ventures describes itself as a venture building and investment firm that invests
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Meet the 21 Startups in DIFC’s 2022 Fintech Accelerator Bootcamp
The Dubai International Financial Centre’s (DIFC) Fintech Hive has launched Sprint B of its 2022 Fintech Accelerator Programme featuring 21 startups from around the world. Launched in 2017, the DIFC Fintech Hive is an initiative under the DIFC Innovation Hub.
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Noble Raises US$18M Series A to Expand Its Credit Products Platform to the US
Tel Aviv-based fintech Noble, the no-code platform for credit products, has raised US$18 million in Series A funding led by US venture capital firm Insight Partners. Cross River Digital Ventures, Y Combinator, Flexport Fund, TLV Partners, Operator Partners, Verissimo Ventures,
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Dubai’s noqodi Partners With Mastercard to Enable Contactless Payments
Dubai-based payments company noqodi has partnered with Mastercard to allow consumers and businesses to make and accept contactless payments. The partnership will see the integration of noqodi’s payments solutions with Mastercard Payment Gateway Services to allow customers to tap their
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eToro Adds ESG Scores to 2,700 Stocks
Israeli social investing platform eToro has added environmental, social, and governance (ESG) scores for over 2,700 stocks on its platform, enabling users to consider ESG factors when building their portfolios. The scores—calculated by combining market news, NGO signals and company-reported
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