Various

Middle East Sees Booming Fintech Ecosystem Though Challenges Remain

Though still in early stage, the Middle East’s fintech sector is rapidly growing, fueled by a young demographic eager to adopt new digital solutions, low penetration of formal banking channels, and the region’s governments push for fintech adoption, says a

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Closing the MSME Funding Gap in the Middle East and Africa

How to help the small business sector access the $5.2tn it needs to thrive. Across the world, micro, small and medium-sized enterprises (MSMEs) are vital engines of economic growth and job creation. According to the World Bank, MSMEs make up

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Singapore-Based Fintech 360F Partners Zurich Insurance in the Middle East

Singapore-based fintech 360F has partnered with Zurich Insurance to launch a direct-to-customer engagement application in the Middle East.  The fintech offers banks and insurers solutions and implementation services to enable digital multi-channel distribution models and automated financial advice for insurance

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Huawei Partners TPAY Mobile to Drive App Monetisation for Developers in the Middle East

Huawei has partnered with TPAY Mobile, a digital payment enabler in the Middle East and Africa (MEA), to allow developers from the MEA region to monetise their apps on the Huawei Mobile Services (HMS). The HMS serves as Huawei’s new

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Kyriba Expands Footprint in Middle East and Africa

Kyriba, a global liquidity solutions provider announced a partnership with Midis Group, a technology organization, comprising some 170 companies across 70 countries in the EMEA region. The alliance will enable the delivery of localized services and support in these regions

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Emirates Digital Wallet: Cashless Payments in 2020

  2020 has been full of surprises, but the greatest of them so far has been the COVID-19 pandemic that swept the world off its feet with lockdowns worldwide and countries closing off their borders for the first time. Washing

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Report: Impact of COVID19 on the Tech Entrepreneurship Ecosystem in MENA

A research report on the impact of COVID-19 on the startup ecosystem across the Middle East and North Africa (MENA). As the COVID-19 outbreak continues to impact the way we live, work, and operate, very few startups in the region

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Vodacom and Safaricom Completed M-Pesa Acquisition

Vodacom and Safaricom announce that they have completed the acquisition of the M-PESA brand, product development and support services from Vodafone through a newly-created joint venture. The transaction, which was first announced in 2019, will accelerate M-PESA’s growth in Africa

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Bill and Melinda Gates Foundation Donates US$1.5 M to Strengthen Cybersecurity in Africa and Asia

CREST, the not-for-profit accreditation and certification body for the technical security industry, has received a grant of $1.4 million from the Bill & Melinda Gates Foundation to help increase cyber security capacity in Nigeria, Uganda, Tanzania, Kenya, Ethiopia, Pakistan, Bangladesh

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Fintech In Kenya: An Overview

Over the last couple of years, Kenya has been touted as a center for technological innovation from which highly innovative financial technologies, (fintech), have emerged. Kenya falls among top African nations that are innovators in the financial sector, only coming

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