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African Startup Wari Enables Customers to Request Financial Services on WhatsApp

WhatsApp has become a integral part of many of our lives,  over 1 billion people in over 180 countries use WhatsApp to stay in touch with friends and family. Wari, an African-based startup said that Whatsapp’s ubiquity is precisely the

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How is Lebanon’s Fintech Scene Doing?

Lebanon’s fintech industry has been growing rapidly in the past years, fueled by a supportive ecosystem, a wide range of public and private initiatives aimed at developing the sector, and a tech-savvy population. Lebanon is the Middle East and North

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A Glimpse into North African Countries Leading the Way in Fintech

African countries are home to some of the world’s most unbanked populations. In these nations, fintech and digital banking are redefining what it means bank the unbanked. Being the second largest continent in the world, it goes without saying that

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3 Fintech Startups Join 500 Startups MENA Program

500 Startups goal is to bring the best industry knowledge and mentoring from their Silicon Valley-based global network to the programs in the Middle East and North African (MENA) region. The MENA Dojo program is part of a continued partnership

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Only 14 Fintechs Made the Cut to World Economic Forum’s Top 100 Arab Startups List

Entrepreneurship is booming across the Middle East and North Africa (MENA) with startups in the region raising an astonishing US$900 million through 386 deals in 2018, an increase of 31% compared to the previous year. This is according to the

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One of Forbes’ Top 10 Accelerators Will Launch a Fintech Programme in Egypt

Startupbootcamp alongside Pride Capital announced its maiden venture into Egypt with its accelerator programme ” Startupbootcamp-Pride Fintech Cairo”. The accelerator programme roped in big partnerships with the likes of IFC, VISA , Alexbank Pharos Capital and many more. Ranked by

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Google Report: E-Commerce in Middle East Set For Strong Growth

E-commerce is set for strong growth in the Middle East and North Africa (MENA) region. The market was worth US$8.3 billion in 2017 and is expected to more than triple by 2022 to reach US$28.5 billion, according to a new

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UAE Leads the Digital Banking Scene in Middle East

A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the

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Apple Pay Targets Middle East Markets Starting with Saudi Arabia

Apple continues the rollout of its Apple Pay digital wallet service around the world, launching in Saudi Arabia in February, marking its 34th market. In Saudi Arabia, Apple Pay initially launched with support for the Saudi Payments Network (MADA), Alinma

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5 of The Best Funded Startups in The UAE Right Now

The pinpricks of a vibrant startup scene in the middle east have begun to emerge. Despite known problems on the SME loan front in UAE, the MENA region still managed to cultivate 366 deals amounting to US$893 million of total

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