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10 Interesting Fintech Startups In GCC
Realizing that their dependency on oil has put them in a precarious position, Middle Eastern economies have begun exploring other sectors for greater diversification. Many of these such as Saudi Arabia and the United Arab Emirates (UAE) are putting their
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9 Fintech Startups in Middle East to Watch in 2018
The fintech sector in the Middle East, despite being relatively small when compared with the likes of the US or Europe, has grown tremendously these past years with locations such as Abu Dhabi and Dubai in the United Arab Emirates
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ICO Arrives In The Middle East But VC Funding Still Dominates
2017 was the year initial coin offerings (ICOs) became mainstream. The fundraising method has raised in popularity and is now being used by an increasing number of startups in blockchain and cryptocurrency space looking for capital. In 2017 alone, startups
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Fintech Innovation: Why The Middle East Will Be The Place To Be In 2018
The Middle East’s fintech ecosystem grew significantly in 2017 and further development is expected in the coming years fueled by government support and increasing demand for accessible, cheap, tech-enabled financial solutions. Fintech startups have raised over US$100 million in the
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The Gateway into the Middle East – CREALOGIX acquires Innofis
CREALOGIX a Swiss baded Digital Banking Solutions Provicder will acquire 100% of the Barcelona-based Innofis – a well-established digital banking supplier for the Middle East, serving leading banks of the region. With the acquisition, CREALOGIX will gain an established customer
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Fintech Flourishes in MENA: Report
The fintech sector in the Middle East and North Africa (MENA) region is flourishing driven by the large pool of financially underserved individuals and businesses, and a thriving e-commerce sector, according to a report by the Wamda Research Lab and
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Astana International Financial Center (AIFC) and EXANTE Agree to the Development and Promotion of Crypto-Assets Markets in Kazakhstan
The Astana International Financial Centre, or AIFC, and next generation investment company EXANTE have signed a memorandum of cooperation towards developing the cryptocurrency markets in Kazakhstan and positioning the AIFC as an international financial technology center. According to the memorandum,
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FinTech-Hub Abu Dhabi Attracts 166 Global Startup Applications For Its Innovation Challenge
AAbu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced that it had received 166 applications from over 39 countries for its inaugural FinTech Abu Dhabi Innovation Challenge. The impressive global participation was achieved in under two
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