Dubai
Rise Brings Financial Services to Underserved Migrant Workers
In the Middle East and North Africa (MENA) region, the COVID-19 pandemic and the resulting lockdown have put a toll on many sectors, including the startup ecosystem. According to a research conducted by Wamda and Arabnet, released in May, 71%
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UAE Based Fintech Pointcheckout Wins Euvsvirus Hackathon Challenge
PointCheckout has developed an innovative solution using its digital wallet platform to tackle the distribution of support funds in a fast, secure and efficient way to citizens. The #EUvsVirus Hackathon featured close to 21,000 participants and brought together people of
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Hubpay, the Digital Wallet for the Remittance Community in the Gulf, Announces Its Seed Round
Hubpay announces its Seed funding round led by a leading US venture capital firm – Signal Peak Ventures. The investment raised will support the launch of Hubpay’s digital wallet in the Middle East market. Additionally, a UAE angel investment group
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Startupbootcamp Fintech Dubai Second Cohort Raises $2.8m
Startupbootcamp FinTech Dubai’s second cohort has completed its accelerator program featuring 10 start-ups from the UAE, Singapore, USA, India, Finland, Egypt, Uzbekistan, South Africa, Kazakhstan, and Lebanon – double the number of countries represented from the first cohort, reflecting its
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GOcardi Users Now Can Make Payments In Seconds Via MenaPay
GOcardi is located in Dubai and it’s 2 million + users now can pay for services like Netflix, Spotify, Apple Music, Playstation, Fortnite, and many others instantly by using MenaPay. MenaPay offers a fast and secure payment experience for everyone
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Dubai International Financial Centre is Launching a New Business Stimulus Initiative
In these unprecedented times, I write to reassure you that the wellbeing of our community continues to be our highest priority. In alignment with the UAE Ministry of Health & Prevention (MoHAP), the Dubai Health Authority (DHA) and the World
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Dubai International Financial Centre Reports Record Growth in 2019
Dubai International Financial Centre (DIFC), the international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced a record growth in 2019. The total number of firms in the Centre reached 2,437, up 14% from 2018, with
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University of Dubai and Krypto Labs Launch an Innovation Hub for Future Startups
The University of Dubai and Krypto Labs have announced the launch of an innovation hub open for students, alumni, professors, and the community to develop their entrepreneurial skills and catalyze the growth of startups from within the university campus. The
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National Bank of Fujairah Partners with Ripple for Cross-Border Money Transfers
National Bank of Fujairah PJSC (NBF) announced its partnership with Rippl to enact easy and seamless cross-border payments through the RippleNet platform. Through this blockchain solution, the bank’s customers will now be able to conduct secure and real-time payments with
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DIFC’s Fintech Accelerator Triples its Size
DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, announced the expansion of the business and innovation space within the Centre. The increased physical footprint of DIFC FinTech Hive
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