Dubai
SUNMI BIoT Solutions for Business 4.0 Showcased at GITEX GLOBAL 2022
Business intelligence IoT company SUNMI showcased its Android-based business IoT solutions at GITEX GLOBAL 2022, the world’s largest technology exhibition. The showcase demonstrated SUNMI’s wide range of scenario-based digital solutions including its mobile payment, desktop and kiosk terminals, as well
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Five FS Launches in the UAE and Saudi Arabia After Closing US$3.5M Seed Round
Dubai-based financial services platform Five FS has launched in the UAE and Saudi Arabia, and raised US$3.5 million in seed funding led by Romanian vc firm Zeyshare Ventures at a US$30 million valuation. Five FS helps users get better offers
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Amazon Launches Intellectual Property Accelerator for SMEs in the UAE
Amazon has launched an Intellectual Property (IP) Accelerator programme in the UAE to connect small and medium-sized enterprises (SMEs) with a curated network of IP law firms. The accelerator, which is available to any brand selling on Amazon.ae, aims to
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UAE Money App Mamo is Now Licensed to Offer Payment Services in the DIFC
Dubai-based money app Mamo has been granted a license by the Dubai Financial Services Authority (DFSA) to operate within the Dubai International Financial Centre (DIFC), a special economic zone and leading financial hub in the Emirates. The company was previously
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Binance’s MENA Sign Ups Grew 49% YTD With New License, Hires and Partnerships
Crypto giant Binance says that it has seen a 49% increase in user sign-ups year-to-date across the Middle East and North Africa in a blog post sharing the company’s progress in the region. Its Dubai office has grown to over
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MoneyGram Acquires 12% Stake in UAE Mobile Payment App Jingle Pay
P2P payments company MoneyGram International and Dubai-based Jingle Pay have entered a partnership to enable consumers in the UAE to send money in near real-time to over 200 countries and territories. Founded in 2019, Jingle Pay’s mobile payment platform —
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6 Middle East Fintech Startups on CB Insights’ Fintech 250 Most Promising List
Six fintech startups from the Middle East made this year’s Fintech 250, CB Insights’ annual list of the 250 most promising private fintech companies in the world. The 250 winners were selected from a pool of over 12,500 eligible private
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Wio to Provide Digital Banking Services to Businesess in Dubai’s Meydan Free Zone
Digital bank Wio has partnered with Meydan Free Zone to provide digital banking services to startups, freelancers, and small and medium enterprises operating in the free zone. Meydan Free Zone is a digital free zone in Dubai which was founded
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Emirates Post Group Set to Launch Its New Fintech Arm FINTX
Emirates Post Group announced that it will launch its new fintech arm FINTX later this month during the annual Gulf Information Technology Exhibition or Gitex Global 2022 event in Dubai. FINTX will contribute to the UAE’s fintech ecosystem by transforming
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Here Are the Top 5 Fintech Startups in the Middle East on LinkedIn in 2022
Five fintech companies made LinkedIn’s second annual top startups list featuring 10 companies in the UAE that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement, and their
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