Dubai

UAE-Based “Robinhood” Style Fintech baraka Raises US$4 Million

UAE-based fintech baraka has raised US$4 million in a seed stage round, the company announced today. The round was raised from Y Combinator, Global Founders Capital, Raptor Group, Tribe Capital, and Nuwa Capital. Existing investors FJ Labs, VentureSouq, and Class

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Paymentology Introduces Cloud Banking Solution To The Middle East

Paymentology is introducing its BankingLive 2.0 solution, a cloud-based processing platform, to the Middle East, the company said in a statement. The UK-based payment technology solutions provider has deployed the BankingLive 2.0 solution with Mox Bank, a digital bank by

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All You Need To Know About Fintech In Dubai vs Fintech In Abu Dhabi

The UAE is emerging as a regional hub for fintech in the Middle East. Off to a strong start in 2021, the UAE is quickly its position as a leader in this space across the MENA region, providing a boost

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QPS Global to Pour Us$10 Million Into Middle East Expansion

US Fintech company QPS Global will be expanding its operations in the Middle East, the company has announced. To this end, the company will be making an investment of US$10 million in the region over the next 6-12 months. The

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ZurichPro Expands Digital Capabilities With 360F

Zurich International Life announced that it has expanded ZurichPro’s digital capabilities in partnership with Singapore-headquartered automated advisory fintech 360F.The move will especially service in-force policies, reviewing their sustainability with re-illustration functionalities. 360F’s modern pricing engine, built for the initial launch

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Jingle Pay And Al Fardan To Offer App-Based Expat Remittances

Dubai-based fintech startup Jingle Pay announced that it would be partnering with UAE-based financial services provider Al Fardan Exchange to provide expat remittances via mobile apps. Under the partnership, users will be able to access a mobile app-based remittance solution.

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UAE Fintech Report and Map 2021: Fintech is Booming in Dubai and Abu Dhabi

In the United Arab Emirates (UAE), the fintech sector continues to grow and mature on the back of rising adoption of digital payments, booming e-commerce activity and a nascent, yet vibrant, digital banking landscape, a new report by Fintech News

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13 Upcoming Fintech Events in Dubai and 1 Fintech Festival in Abu Dhabi

As movement restrictions are easing up around the world, physical events are coming back. In the Middle East, the region’s top fintech hub, the United Arab Emirates (UAE), will be hosting several major fintech conferences and trade shows in the

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UAE Launches National Initiative to Foster the Development of Coding Talent

The United Arab Emirates (UAE) has launched the ‘National Programme for Coders’ which will introduce a series of national initiatives to develop talent, expertise and innovation in the field of coding. The initiative seeks to accelerate the adoption of digital

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Emirates Pay Launched With Deutsche Bank to Offer Account-Based Payment Option

Emirates has announced the launch of Emirates Pay, a new account-based payment method for purchasing air tickets by directly debiting customers’ bank account. Emirates Pay is now available for Emirates customers in Germany and the UK who are purchasing tickets

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