Dubai

10 Fintech Accelerators to Know in the UAE

With over 400 fintech companies, the United Arab Emirates (UAE) is a major hub for fintech innovation in the Middle East and North Africa (MENA) region. Fast growth of the industry has been fueled by a number of fintech initiatives

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Tarabut Gateway Becomes First Regulated Open Banking Platform in the UAE

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre

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Digital Shift Brings New Opportunities to UAE Freelancers and SMEs

In the United Arab Emirates (UAE), the digital shift brought about the COVID-19 pandemic has introduced new business opportunities to freelancers and small and medium-sized enterprises (SMEs). A new study conducted by online payments giant PayPal, in partnership with British

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DIFC Launches Global Venture Studio Launchpad

Dubai International Financial Centre (DIFC) announced the launch of the world’s first venture studio platform exclusively focused on ubiquitous finance and digital asset technologies. $ The initiative is a key part of DIFC’s efforts to achieve the goals of its

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Crypto Adoption Is Becoming Mainstream, Says Checkout.com Report

Global payments provider Checkout.com debuted its Demystifying Crypto: Shedding light on the adoption of digital currencies for payments in 2022 report, pointing to increasingly positive trends in the adoption of and appetite for using digital currencies for eCommerce. The comprehensive

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Digital Platform and Payment Company KMMRCE Holdings Opens Its Headquarters in Dubai

KMMRCE Holdings, a leading digital specialist combining flexible cloud management solutions with comprehensive finance capabilities, has announced the opening of its headquarters in Dubai International Financial Centre (DIFC). Its portfolio companies, KMMRCE Technology and KMMRCE Pay, have built a reputation

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Codebase Technologies Launches Its White-Label BNPL Solution

Codebase Technologies, a Dubai-based open API banking solutions provider, announced that it is rolling out a white-label Buy Now, Pay Later (BNPL) solution. Leveraging Codebase Technologies’ digital banking platform, DigibancTM, the new BNPL component allows for banks, fintechs, lenders, and

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Mashreq Hires Veteran Banker as Group Head of Tech, Transformation and Information

Mashreq Bank announced that it has appointed Alexander Raiff as its new Group Head of Technology, Transformation and Information, effective 1st April 2022 onwards. Alexander is a seasoned technology professional with over 30 years of experience; noteworthy is his role

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Mashreq Bank Launches Neopay

Mashreq Ban has completed the transition of its existing payments business into a new, wholly owned subsidiary, IDFAA Payment Services LLC, with a brand name NEOPAY, powered by Mashreq. NEOPAY, powered by Mashreq Bank, will leverage the latest technology and

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Crypto.com Announces Regional Hub in Dubai

Investopia and Crypto.com hosted the inaugural press conference to formally launch Crypto.com’s Founding Partnership. Following a Memorandum of Understanding (MoU) signing between Investopia and Crypto.com last week, the two organizations gathered to discuss how they will collaborate on meaningful projects

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