Dubai
Alaan, a Multi-Currency Spend-Management Platform Gets $2.5mln in Seed Funding
Alaan, a UAE based corporate spend-management fintech, announced it is coming out of stealth mode with an imminent launch after raising $2.5M in seed funding. The startup is the Middle East’s first multi-currency spend management platform enabling SMEs to spend
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Mashreq Invests with Venture Fund into NymCard
Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund
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Dubai: Top 11 Upcoming Fintech Events Taking Place in H1 2022
Physical, in-person events are back in full force this year as governments around the world ease up social distancing and traveling rules. As Dubai continues to see its fintech landscape grow and thrive, organizers are increasingly choosing the city to
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Dubai Blockchain Startup Pyypl Raises $11 Million Series A to Expand into Africa
Pyypl (pronounced “People”), announces it has closed a US$ 11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The international blockchain technology-based company provides digital payments and financial services for smartphone
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UAE SMEs, Consumers Embrace Cashless Payments at Fast Pace
In the United Arab Emirates (UAE), digital payments and cashless transactions are becoming the new norm as both consumers and small and medium-sized enterprises (SMEs) continue to actively embrace these solutions. A new research study by Visa found that compared
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GoDaddy Joins Forces to Offer Payment Soultions in MENA
GoDaddy is working in partnership with MyFatoorah in the Middle East and North Africa (MENA) region, to offer new payment solutions to GoDaddy’s ecommerce solution. MyFatoorah, a local UAE payments provider, specializes in secure, swift payment solutions across the GCC
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Dubai World Trade Centre to Start Regulating Crypto and Virtual Assets
The Dubai World Trade Centre (DWTC) has announced that it will be working as a comprehensive zone and regulator for virtual assets and crypto, including digital assets, products, operators and exchanges. The DWTC will be designing a comprehensive ecosystem for
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Top Payment and Ecommerce Trends in the Middle East
The payment and ecommerce revolution has been a bit delayed in the Middle East, compared to tech hotspots in the US or Asia, but it is here nonetheless. The MENA region’s ecommerce sector is one of the fastest growing across
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Rapyd to Set Up Base in Dubai Amid Staffing Crunch
Israeli payment solution provider and fintech unicorn Rapyd is opening an office in Dubai as it aims to resolve a talent shortage in Israel. The company is setting up shop in the emirate to attract international talent, and also started
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Crypto Exchange Binance Could Soon Set Up a Global Headquarters in Dubai
Global cryptocurrency exchange Binance is likely to soon sign an MoU with the Dubai government for crypto-related activities. The emirate is also in the run to become a location for Binance’s global headquarters, along with France, The Business Times reported.
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