Archive
ADGM’s Abu Dhabi Finance Week Launches, Featuring Fintech Abu Dhabi 2022
The inaugural Abu Dhabi Finance Week (ADFW) is taking place from 14 to 18 November with the participation of 500 high-level investors from around the world across 30 separate events. The ADFW is organised by the Abu Dhabi Global Market
Read More
Wio Bank to Provide ADGM-Registered SMEs With Banking Services
Digital bank Wio has partnered with the Abu Dhabi Global Market (ADGM) to support small and medium-sized enterprises (SMEs) in the UAE with banking services. The partnership, which was announced during the Abu Dhabi Finance Week (ADFW), will see Wio
Read More
Checkout.com Launches R&D Hub in Tel Aviv To Expand its Talent Pool
UK payments platform Checkout.com has launched a new research and development hub in Israel as part of its international growth plans and to allow the company to tap into new technical talent pools. Checkout.com says that the new office will
Read More
Beyon Money Partners With MoneyGram to Enable Payments to Over 200 Countries
Bahrain money app Beyon Money has partnered with P2P payments company MoneyGram to enable its users to send money in near real-time to over 200 countries around the world. Beyon Money, which describes itself as a “financial super app”, allows
Read More
Pyypl Raises US$20M Series B Investment To Expand in MENA
UAE digital wallet startup Pyypl has closed a US$20 million Series B funding round from a group of new and existing investors, and says that it is considering opening a second tranche for further investment. Founded in 2017, Pyypl is
Read More
Blnk Raises US$32M Led by Abu Dhabi’s EIIC and Sawari Ventures
Egyptian consumer credit platform Blnk has raised US$23.7 million in equity and debt funding, and US$8.3 million in securitised bond issuance underwritten by National Bank of Egypt and Banque du Caire. The US$12.5 million equity round was led by Abu
Read More
19 Upcoming Fintech Events to Attend in the Middle East
Fintech is one of the most dynamic and fastest evolving industries in the world, driven by advances in technology, continuous innovation in the space, and investors’ bullishness in the prospect of digital tools and technology to solve some of the
Read More
Saudi Arabia’s Fintech Industry Saw US$400M in Investments in the Past Year
Saudi Arabia’s fintech industry has continued to grow at a rapid pace in the last 12 months according to the recently published Fintech Saudi Annual Report 2021/2022. According to the report, the number of active fintech companies in Saudi Arabia
Read More
Saudi Arabia Issues the Open Banking Framework
Saudi Arabia’s central bank “SAMA” announced recently the issuance of the Open Banking Framework as one of the key outputs of the Open Banking Program, which includes a comprehensive set of legislation, regulatory guidelines and technical standards based on international
Read More
Dubai’s Crypto Token Regime Comes Into Force
The Dubai Financial Services Authority’s (DFSA) Crypto Token regime comes into force with immediate effect. This regime forms the second phase of the DFSA’s work in this area following the introduction of a regime in the Dubai International Financial Centre
Read More