Saudi’s Mobile Point of Sale Startup NearPay Raises US$3.6M Pre-Series A

Saudi-based point of sale startup NearPay has closed a US$3.6 million pre-series A funding round led by Vision Ventures, with participation from Hala Ventures, Arzan VC, Palm Ventures, and angel investors. Founded in 2020, NearPay provides a solution that allows merchants

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Wio to Provide Digital Banking Services to Businesess in Dubai’s Meydan Free Zone

Digital bank Wio has partnered with Meydan Free Zone to provide digital banking services to startups, freelancers, and small and medium enterprises operating in the free zone. Meydan Free Zone is a digital free zone in Dubai which was founded

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Emirates Post Group Set to Launch Its New Fintech Arm FINTX

Emirates Post Group announced that it will launch its new fintech arm FINTX later this month during the annual Gulf Information Technology Exhibition or Gitex Global 2022 event in Dubai. FINTX will contribute to the UAE’s fintech ecosystem by transforming

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