Fintech News Middle East
Egyptian Wealthtech Bokra Raises $4.6 Million Pre-Seed
Bokra, a Cairo-based fintech, announces the closure of its $4.6 million pre-Seed round led by DisrupTech Ventures, and SS Capital
Read MoreADGM and Hacken Form Partnership to Set Blockchain Security Standards
Abu Dhabi Global Market (ADGM) and Hacken, a global leader in blockchain security auditing, have signed a Memorandum of Understanding
Read MoreUAE Telco Du Goes Fintech And Launches Du Pay
du, from Emirates Integrated Telecommunications Company (EITC), announced the launch of du Pay, marking a significant milestone in the UAE’s
Read MoreAl Etihad Payments Launches Open Finance in UAE
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has signed a partnership with Core42,
Read More44% of UAE Retailers Affected by Cyberattacks in 2023
Adyen published a new research revealing the millions of Dirhams lost annually to cyberattacks in the UAE retail sector. Working
Read MoreBinance Receives Full Virtual Asset Service Provider Licence in Dubai
Binance FZE, the Dubai entity of Binance, today announced that it has received the Virtual Asset Service Provider (VASP) licence
Read MoreSnowdrop and PwC Middle East to Enhance Digital Experience for Banks
Snowdrop Solutions, a provider of advanced transaction enrichment solutions, has announced a collaboration with PwC Middle East to bring its
Read More25 Startups From 11 Countries Join Hub71 Accelerator Program
Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 25 new startups as part of its latest cohort. The selected startups
Read MoreUAE’s SME Fintech Fortis Secures $20M Series A
Fortis, a retail tech and fintech solutions provider tailored for SMEs, announced the successful completion of Series A funding round,
Read MoreCrypto.com’s Dubai Entity Receives Approval
Crypto.com announced that its Dubai entity, CRO DAX Middle East FZE, has received full operational approval from Dubai’s Virtual Assets
Read MoreFirst Abu Dhabi Bank Taps Microsoft Azure to Accelerate Digital Shift
The United Arab Emirates’ First Abu Dhabi Bank (FAB) has announced a strategic partnership with Core42, a subsidiary of G42
Read MoreThe Top 10 Fintechs in Middle East in 2024
Forbes Middle East has unveiled its Fintech 50 ranking, recognizing the region’s leading players that are revolutionizing the fintech landscape
Read MoreUAE Central Bank Grants Telr In-Principle Approval for Retail Payment License
Dubai-based payment gateway provider Telr has secured in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) for a
Read MoreOman Housing Bank Taps Temenos to Drive Digital Transformation
Oman Housing Bank (OHB), a primary financier of housing in Oman, has partnered with banking software company Temenos for upgrading
Read MoreQIB Launches Himyan Prepaid Card, a National Initiative by Qatar Central Bank
Qatar Islamic Bank (QIB) introduced a new Prepaid Card “Himyan”, the first Qatari national prepaid card, to all existing customers,
Read MoreAbu Dhabi Chamber Forms Working Group to Support Startups and SMEs in Abu Dhabi
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced the establishment of a working group for startups and small
Read MoreCleeng Taps Adyen to Enhance Subscription Payment Experience in the UAE
Global payments platform Adyen announced that it has expanded its partnership with Cleeng into the United Arab Emirates (UAE). Cleeng,
Read MoreRedefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations
Read MoreTelco-Backed Platforms Leads E-Wallet Market in Africa and the Middle East
Africa and the Middle East boast 12 prominent e-wallets. These platforms are primarily provided by telecom companies, enable users to
Read MoreVisa Joins Dubai Fintech Summit as Co-Host
Vis has joined the Dubai FinTech Summit organised by Dubai International Financial Centre (DIFC), as a Founding Partner & Co-Host
Read Morebolttech Expands to Middle East Through Partnership with stc Group
bolttech, an international insurtech company, has announced a partnership with stc Group, a key player in telecommunications and digital transformation
Read MoreKigali Financial Centre and Abu Dhabi Global Market Form Strategic Partnership
Kigali International Financial Centre (KIFC) and Abu Dhabi Global Market (ADGM) have signed a Memorandum of Understanding (MoU) establishing a comprehensive
Read MoreSingapore Gulf Bank Secures Funding From Bahrain’s Sovereign Wealth Fund
Bahrain’s sovereign wealth fund Mumtalakat announced an investment in Singapore Gulf Bank (SGB), a new digital bank founded by Whampoa
Read MoreAWS to Invest $5.3 Billion Into Infrastructure Center in Saudi Arabia
Amazon Web Services (AWS) today announced it will launch an AWS infrastructure Region in the Kingdom of Saudi Arabia in
Read MoreMoneyhash Raises $4.5 Million Seed Funding
MoneyHash, an USA and Egypt based payment orchestration platform has successfully raised $4.5M in a seed funding round. The round
Read MoreBahrain Fintech Bay Partners with Qatar Financial Center
A Memorandum of Understanding (MOU) has been signed between Bahrain FinTech Bay (BFB) and the Qatar Financial Center Authority (QFCA),
Read MoreAdditiv Opens New Office in Dubai
Responding to growing demand for Finance-as-a-Service propositions in the Middle East, Swiss embedded Finance Fintech additiv, has announced that it
Read MoreEazypay Partners With Visa Direct
Bahrain based EazyPay, a financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with
Read MoreADGM and Etihad Airways Form Collaboration
Abu Dhabi Global Market announced the signing of a Memorandum of Understanding with Etihad Aviation Group, aiming to spearhead initiatives
Read MoreQatar Fund of Fund to Invest 1 Billion USD into Venture Capital Funds
Qatar Investment Authority (QIA) is set to launch Qatar’s first venture capital (VC) Fund of Funds, a strategic investment program
Read MoreTop Picks
10 Fintech Startups in Dubai and Abu Dhabi You Have to Know
The fintech market in the Middle East and North Africa (MENA) region is predicted to enter a new era of
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