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    Fintech News UAE

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    Various

    Year End Message to Our Readers – Offline From 23rd December to the 2nd January

    Fintech News UAE22. December 2021

    Fintech News Middle East would like to take this opportunity to wish all our readers a Merry Christmas and a…

    Saudi Arabia

    Arab National Bank to Build Open Hybrid Cloud Capabilities With Red Hat

    Fintech News UAE22. December 2021

    Saudi Arabia-based Arab National Bank has signed on US-based open source solutions provider Red Hat, Inc., for the latter’s open…

    Regtech Sponsored

    Here Are the Key Findings From OneSpan’s Global Financial Regulations Report

    Michael Magrath, Director, Global Standards & Regulations, OneSpan22. December 2021

    OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction…

    Dubai

    Dubai World Trade Centre to Start Regulating Crypto and Virtual Assets

    Fintech News UAE21. December 2021

    The Dubai World Trade Centre (DWTC) has announced that it will be working as a comprehensive zone and regulator for…

    Various

    Checkout.com Records 75% Annual Growth Across MENA Region

    Fintech News UAE20. December 2021

    Global payment gateway solutions provider Checkout.com saw “record-breaking payment processing growth” this year. Checkout.com posted an increase of nearly 75%…

    Saudi Arabia

    Saudi Arabia Startups See Best Ever Funding Quarter in Q3

    Fintech News UAE20. December 2021

    Saudi Arabia startups raised US$205 million across 34 deals in Q3, their best ever quarter in terms of funding, according…

    Wallets

    Tutuka, Paymentology Merge to Form New Payments and Card Processing Powerhouse

    Fintech News UAE20. December 2021

    Issuer processors Paymentology and Tutuka announced that both entities are merging to create a new payments and card processing powerhouse.…

    Abu Dhabi Various

    Fintech Digest: Mubadala Remains Optimistic About Crypto Investments

    Fintech News UAE19. December 2021

    Abu Dhabi’s sovereign wealth fund Mubadala has made investments in the crypto ecosystem amidst its growing value, Reuters reported. “This…

    Pakistan

    Pakistan’s Digital Ledger CreditBook Picks Up US$11m From Tiger Global and Others

    Fintech News UAE19. December 2021

    Pakistan-based digital bookkeeping solution CreditBook has raised US$11 million in a pre-Series A round. The round was led by Tiger…

    Various

    These 4 Startups Are Powering Open Banking in the Middle East

    Fintech News UAE19. December 2021

    Open banking is one of the top fintech trends to have swept the Middle East. The opportunity for open banking…

    Israel

    Israeli Challenger Bank First Digital Bank Raises US$120m Series A

    Fintech News UAE16. December 2021

    AI-based Israeli digital bank First Digital Bank has secured US$120 million in a Series A equity round. The 2019-founded digital…

    Dubai Saudi Arabia Sponsored

    Top Payment and Ecommerce Trends in the Middle East

    Fintech News UAE16. December 2021

    The payment and ecommerce revolution has been a bit delayed in the Middle East, compared to tech hotspots in the…

    Dubai Israel

    Rapyd to Set Up Base in Dubai Amid Staffing Crunch

    Fintech News UAE15. December 2021

    Israeli payment solution provider and fintech unicorn Rapyd is opening an office in Dubai as it aims to resolve a…

    Various

    AMF’s Buna and Mastercard to Provide Interoperable Services Through MoU

    Fintech News UAE14. December 2021

    The Arab Monetary Fund (AMF) and Mastercard have signed an MoU to allow for interoperability between Mastercard and Buna, the…

    Dubai

    Crypto Exchange Binance Could Soon Set Up a Global Headquarters in Dubai

    Fintech News UAE14. December 2021

    Global cryptocurrency exchange Binance is likely to soon sign an MoU with the Dubai government for crypto-related activities. The emirate…

    Abu Dhabi Dubai

    UAE’s Lnddo Partners With Mambu for Cloud-Native SME Solutions

    Fintech News UAE14. December 2021

    UAE-based lending platform Lnddo has partnered with global SaaS cloud banking platform Mambu to develop a scalable digital lending solution…

    Various

    Fintech Digest: South Africa Gears up for New Crypto Regulatory Framework

    Fintech News UAE12. December 2021

    South Africa will be launching a new regulatory framework for cryptocurrencies in early 2022 (Bitcoin.com). The country’s Financial Sector Conduct…

    Bahrain

    Arab Financial Services to Gain Capital Boost of US$98 Million

    Fintech News UAE12. December 2021

    Digital payment solutions provider Arab Financial Services plans to raise US$98 million to boost revenue growth and strategic expansion. Shareholders…

    Israel

    Israeli Fintech Unicorn Tipalti Valued at US$8.3b After US$270m Fundraise

    Fintech News UAE12. December 2021

    US-Israeli payables solution provider Tipalti has secured US$270 million in a Series F round. The round values the fintech unicorn…

    Various

    Building Open Finance Frameworks for the Arab Region

    Fintech News UAE12. December 2021

    A “unified open finance framework” holds significance in the Arab region, according to the latest from the MENA FinTech Association…

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