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    Fintech News UAE

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    Dubai

    VentureSouq Announces US$50m MENA FinTech Fund I

    Fintech News UAE21. November 2021

    GCC-based early stage venture capital firm VentureSouq has officially launched a US$50 million MENA FinTech Fund I. The MENA FinTech…

    Various

    7 Middle East Crypto Exchanges That Support Local Currencies

    Fintech News UAE21. November 2021

    Last month marked 13 years since Satoshi Nakamoto’s Bitcoin white paper was first released. In these 13 years, concerns around…

    Abu Dhabi Dubai Saudi Arabia

    Crypto and BNPL Are Top Middle East Fintech Trends: Visa Report

    Fintech News UAE18. November 2021

    Over 80% of consumers in the UAE and Saudi Arabia reported that they would be willing to use crypto and…

    Saudi Arabia

    Saudi Insurtech Startup Rasan Fetches US$24m

    Fintech News UAE17. November 2021

    Rasan, an insurtech startup based in Saudi Arabia, has secured SAR 90 million (US$24 million) in a growth stage deal,…

    Israel

    8 Israeli Fintech Unicorns to Keep an Eye On

    Fintech News UAE17. November 2021

    Israeli fintech unicorns (those based in Israel as well as US-Israeli companies) have made a splash this year amidst soaring…

    Various

    Payments Startup Nomod Raises US$3.4m Seed

    Fintech News UAE15. November 2021

    Nomod, a UK-based payments fintech company with a focus on the MENA region, has raised US$3.4 million in seed funding.…

    Various

    Fintech Digest: UAE, Singapore Pilot First-Of-Its-Kind Cross-Border Trade Finance Project

    Fintech News UAE14. November 2021

    The Monetary Authority of Singapore (MAS) and Abu Dhabi’s Financial Services Regulatory Authority (FSRA) have completed a first-of-its-kind digital cross-border…

    Egypt

    Top 8 Funded Fintech Startups in Egypt

    Fintech News UAE14. November 2021

    Financial inclusion is on the developmental agenda in Egypt, and fintech startups in Egypt are one of the key driving…

    Jordan Sponsored

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

    Company Announcement12. November 2021

    We sat down with Mr. Ahmad Alsharqatli, CEO of AYM, to find out more about this revolutionary smart Bitcoin solution…

    Various

    12 Fintech Startup Founders in the Middle East That Are Making Waves

    Sharon Lewis11. November 2021

    There’s a lot of buzz doing the rounds for fintech startups in the Middle East, but not too much is…

    Bahrain

    Crypto Platform CoinMENA Picks Up US$9.5m Seed Funding

    Fintech News UAE10. November 2021

    Bahrain-headquartered crypto trading platform CoinMENA has fetched US$9.5 million in seed funding, according to a statement. This is the first…

    Abu Dhabi Dubai

    Sarwa Launches Zero Commission and Transfer Fee Trading Platform

    Fintech News UAE10. November 2021

    Personal finance and investment platform Sarwa has officially launched Sarwa Trade. The platform allows users to trade stocks and Exchange…

    Pakistan

    Jumo Secures US$120m to Scale Its BaaS Platform

    Fintech News UAE9. November 2021

    South Africa-headquartered AI-based banking-as-a-service platform Jumo announced in a statement that it has raised US$120 million from new and existing…

    Pakistan

    Pakistan’s Udhaar Book Secures US$6m for Digital Book-Keeping App

    Fintech News UAE8. November 2021

    Pakistan-based MSME-focused cash flow management platform Udhaar Book has raised US$6 million in seed funding to digitise credit in retail…

    Abu Dhabi Dubai

    The 5 Fastest Growing Fintech Companies in the UAE in 2021

    Fintech News UAE8. November 2021

    Fintech companies in the UAE have bagged a number of wins this year, with local fintechs accelerating growth. Competition is…

    Various

    Fintech Digest: Will Mobile Money Shake Up Nigeria’s Banking Industry?

    Fintech News UAE7. November 2021

    MTN Nigeria and Airtel Africa had a substantial win in Nigeria last week, after the two mobile money players won…

    Various

    ClearTax Rebrands, Raises US$75m for Middle East Expansion

    Fintech News UAE7. November 2021

    India-based fintech SaaS company ClearTax has raised US$75 million in a Series C round, according to a statement from the…

    Oman

    Oman Jumps on Open Banking Bandwagon

    Fintech News UAE7. November 2021

    The Central Bank of Oman (CBO) is drafting the so-called Open Banking API Strategy as part of a broader push…

    Abu Dhabi Dubai Saudi Arabia

    Financial Data Concerns Rise Amongst Digital Shift in the GCC

    Fintech News UAE4. November 2021

    Illegal data collection and financial data theft have become major concerns amongst GCC consumers, according to a new report. The…

    Dubai

    Tiger Global Leads US$12m Series A for Tarabut Gateway

    Fintech News UAE2. November 2021

    Dubai-headquartered open banking startup Tarabut Gateway has raised US$12 million in a pre-Series A fundraise, the company announced in a…

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