Archive
The Top Nigerian Fintech Products According to The Nigerian Tech Ecosystem Movie
On December 20, 2023, Peace Itimi, the host of Founders Connect, a YouTube show that interviews up-and-coming entrepreneurs in the African startup landscape, premiered a new documentary spotlighting the Nigerian tech ecosystem. The documentary, titled “Innovating Africa: The Rise of
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Middle Eastern and African Region Sees Neobanking Sector Picking up Steam
Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role in the Middle East and Africa (MEA) region by addressing challenges in accessing traditional financial services. The Fintech Times identified
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WRISE Opens Office in Dubai to Enter Middle East Markets
WRISE Group, an independent multi-family office, has appointed Dhruba Jyoti (DJ) Sengupta as CEO of its newly established Middle East subsidiary, located in Dubai. This expansion is part of WRISE’s broader strategy to extend its reach into the United Arab
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Qatari E-Wallet Fintech Startup Karty Secures $2 Millions Seed Round
KARTY, an emerging Qatari fintech startup, has announced the successful completion of a substantial seed funding round, amassing over $2 million dollars, which is equivalent to more than 7.3 million Qatari Riyals. This latest infusion of capital, raised from a
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Saudi Central Bank Allocates Payment Licenses To Network International Arabia and Barraq
The Saudi Central Bank (SAMA) licensed “Network International Arabia” to provide payment services through points-of-sale (POS), and “Barraq” to offer e-wallet services. With the addition of these two companies, there are now 27 licensed companies offering payment services in Saudi
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Nayapay, Alipay+ Boost Global Payments Into Pakistan
Pakistan’s financial platform, NayaPay, has partnered with Alipay+, managed by Ant International, aiming to enhance digital payment solutions and stimulate economic growth. NayaPay states that this collaboration will introduce QR codes compatible with RAAST and Alipay+ partners, enhancing foreign exchange
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Top 5 Investors in Saudi Arabia’s Fintech Ecosystem in 2023
In 2023, Saudi Arabia asserted its dominance in the Middle East and North Africa (MENA) region’s venture capital (VC) landscape, with startup funding surging beyond the US$1 billion milestone for the second consecutive year, data from a new report by
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DIFC Teams with Julius Baer and Euroclear to Address Digital Estate Planning
The DIFC Innovation Hub, part of the Dubai International Financial Centre, has initiated a collaborative project with Swiss wealth management firm Julius Baer and financial market infrastructure provider Euroclear. The venture focuses on addressing the complexities of estate planning in
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SC Ventures to Open Abu Dhabi Office, Led By Gautam Jain
Standard Chartered’s innovation and ventures arm, SC Ventures, plans to open an office in the Abu Dhabi Global Market (ADGM) to tap into the United Arab Emirates’s (UAE) technology ecosystem. With 30 years in banking technology, Gautam Jain will lead
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Finshape and Arab National Bank Join Forces for Personalised Banking Solutions
Finshape, a leading fintech solutions provider, is excited to announce a strategic collaboration with Arab National Bank (anb), a major bank in Saudi Arabia. This collaboration aims to deliver customized banking experiences that cater to the unique needs of their
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