Dubai
Archie: New Global Fintech Accelerator in Dubai Launched
Archie – an innovative new fintech acceleration partner – launches with a mission to scale the next generation of fintech disruptors that will define and lead the category. With the belief that fintech founders need much more than financial backing
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Emirates NBD Group Makes Strategic Equity Investment in Climate Fintech Startup Erguvan
Emirates NBD has made an investment in Erguvan, a climate and financial technology venture aimed at providing financial institutions and corporations with digital infrastructure, enabling them to manage the impacts and risks of climate change. The investment was made via
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24 Startups Join Flat6Labs’ StartMashreq Growth Track Program
Flat6Labs, a seed and early-stage venture capital firm for MENA, announced the selection of 24 startups for its StartMashreq Growth Track program. The startups – founded in Jordan, Lebanon & Iraq – operate in diverse sectors such as fintech, healthtech,
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Toko and Virtuzone Sign Collaboration to Launch Dubai’s First Tokenised Equity Crowdfunding Platform
TOKO FZE born out of global law firm DLA Piper, announces a strategic partnership with Virtuzone to form an equity crowdfunding platform in Dubai. TOKO is one of the first companies in Dubai to be granted full market Virtual Asset
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UAE Fintech MyZoi Raises $14M From SC Ventures and SBI Holdings
myZoi, an UAE based fintech focused on financial inclusion and financial literacy for the underbanked, has raised USD 14 million from SC Ventures and SBI Holdings, as it obtains two regulatory licenses from the Central Bank of the UAE. These
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Innovation Fund of Emirates NBD Makes a Strategic Equity Investment into Trade Finance Company Komgo
Emirates NBD has invested in Komgo, a leading software development and technology services company transforming the trade finance industry. The strategic equity investment was made by Emirates NBD’s Innovation Fund, the Bank’s corporate venture fund. Created earlier this year, the
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UAE Digital Real Estate Investment Platform Enters Fintech Lab in Saudi Arabia
Stake, Dubai based digital real estate investment platform, has obtained the approval from the Capital Markets Authority (CMA) in Saudi Arabia to enter its Fintech Lab and plans to launch KSA real estate investment opportunities on its app by the
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MENA Gen Z Consumers Favor Mobile Wallets as Preferred Payment Method
In the Middle East and North Africa, Generation Z (Gen Z) members are showing preference for digital payments methods over cash, identifying cards and mobile wallets as their favored and most used payment methods, a new study conducted by Sixth
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Mastercard and Checkout.com Partner to Enable Instant Wallet Top-Ups for Careem
In partnership with Mastercard and Checkout.com, Careem Pay has integrated Mastercard Send to enable customers in the UAE to access near real-time payments into their Careem Pay wallets, making it quicker and more convenient to use the Careem app to
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Dubai Introduces AI and Web3 Licenses for Startups
The Dubai AI and Web 3.0 Campus has announced that it is issuing artificial intelligence (AI) and Web3 licenses supporting activities ranging from Distributed Ledger Technology Services, specialised Artificial Intelligence Research & consultancies, IT infrastructure builders, Technology Research and Development
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