Jordan

Jordan, Iraq, Egypt Central Banks Collaborate With Buna for Pension Payments

The central banks of Iraq, Jordan, and Egypt has leveraged Buna, a cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization (ARPCSO) owned by the Arab Monetary Fund, to make pension payouts easier. The initial phase will

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Jordan Kuwait Bank Joins Mastercard’s Accelerator to Support Fintech Startups

Jordan Kuwait Bank (JKB) has joined Mastercard’s fintech startup accelerator Mastercard Fintech Express as a global partner — the first bank in Jordan to do so. The programme, which is part of the Mastercard Accelerate initiative, helps startups obtain a

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liwwa Secures US$18.5M to Grow Its P2P Lending Platform and Expand in Egypt

Amman-based lending fintech liwwa has secured US$18.5 million in its Pre-Series B fundraising round. The company lends to small and medium enterprises (SMEs) in Jordan and Egypt, and also operates peer-to-peer (P2P) lending platform liwwa.com. Founded in 2015, liwwa has

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UAE-Based Payments Startup Ziina to Expand Digital Wallet Offering to Jordan

UAE-based payments start-up Ziina has announced plans to expand to Jordan. The company previously launched their digital wallet in February 2022 and their payment keyboard earlier this month. The Y-Combinator-backed company previously raised USD 9 million during a seed round in mid-2021

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ADQ and Jordan’s Ministry of Digital Economy and Entrepreneurship Launch $100 Million Tech Fund

ADQ, an Abu Dhabi-based investment and holding company,  announced the launch of a $100 million technology-focused venture capital fund with the Ministry of Digital Economy and Entrepreneurship (MoDEE) of Jordan, in the presence of His Excellency the Prime Minister of

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Scholarships in Cybersecurity: Amazon Payment Services Partners With Princess Sumaya University

Amazon Payment Services is collaborating with Princess Sumaya University for Technology (PSUT) in Jordan to nurture and invest in cybersecurity talent. Aiming to develop forward-thinking security innovation and information security leadership in the region, the collaboration will offer students attending

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Capital Bank of Jordan Launches Blink Neobank

In March 2021, Capital Bank of Jordan partnered with Codebase Technologies to build Blink, the first digital-only neobank in Jordan. The project officially commenced in late 2021 and in February 2022, Blink went live for Jordanian customers. Blink was born

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Out of Jordan, an Autonomous Algorithmic Bot Emerges, With Bitcoin Squarely in Its AYM

We sat down with Mr. Ahmad Alsharqatli, CEO of AYM, to find out more about this revolutionary smart Bitcoin solution that is disrupting the way wealth is created. What is AYM? At AYM we develop next generation crypto-asset trading and

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POSRocket Fetches US$5 Million for Cloud-Based Point-of-Sale Software

Jordanian point-of-sale platform POSRocket has secured US$5 million in their latest funding round, the company announced in a statement today. Investors Finance in Motion, Algebra Ventures, Vision Ventures, Khwarizmi Ventures, Edgo group, Innovative Startups And SMEs Fund (ISSF), Etihad Bank,

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Capital Bank Selects Codebase to Build New Digital Banks in Jordan and Iraq

Capital Bank Group has selected open API banking solutions provider Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq. The strategic partnership will enrich Capital Bank Group’s digital offering to its retail and corporate

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