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    Fintech News UAE

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    Abu Dhabi Dubai

    Crypto Platform BitOasis Fetches US$30m Series B for MENA Expansion

    Fintech News UAE7. October 2021

    UAE-headquartered digital asset trading platform BitOasis has closed its Series B fundraise at US$30 million, the company said in a…

    Qatar

    The State of Fintech in Qatar: Report

    Fintech News UAE7. October 2021

    Local authorities are looking to boost the competitiveness of fintech in Qatar, regionally and globally, according to a new whitepaper…

    Abu Dhabi Kuwait Saudi Arabia

    These Are the Most Popular Islamic Banks in the MENA Region

    Fintech News UAE7. October 2021

    According to a new report by Carma, Kuwait Finance House (KFH) is the most popular MENA-based Islamic bank by media…

    Israel

    Deutsche Börse’s Venture Arm Acquires Minority Stake in Israeli Fintech WeMatch

    Fintech News UAE6. October 2021

    Deutsche Börse’s venture arm DB1 Ventures has acquired a minority stake in WeMatch, an Israel-based fintech company digitising the wholesale…

    Various

    MEA Fintech Weekly News: The Case for Mobile Money in Sub-Saharan Africa

    Fintech News UAE3. October 2021

    In last week’s MEA fintech news, mobile money took centre stage once again in the African continent. Meanwhile, UAE sees…

    Dubai

    Global Processing Services Launches in MENA With Dubai Headquarters

    Fintech News UAE3. October 2021

    Global paytech company Global Processing Services has officially launched its operations in the MENA region, the company announced in a…

    Abu Dhabi Dubai

    6 Hot Fintech Startups in Dubai and Abu Dhabi 2021

    Sharon Lewis3. October 2021

    Financial districts of both emirates – the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Centre (DIFC) –…

    Various

    M2P Solutions and Buckzy to Provide Cross-Border Payments for MENA Partners

    Fintech News UAE28. September 2021

    Middle East and Asia-based API infrastructure company M2P Solutions announced a strategic partnership with Canadian payment solutions provider Buckzy Payments…

    Egypt

    Egyptian Banks Launch EGP 1 Billion Egypt Fintech Fund

    Fintech News UAE28. September 2021

    Three Egyptian banks will be launching an Egypt fintech fund of EGP 1 billion (US$63.6 million) to support fintech companies…

    Abu Dhabi Dubai

    UAE Social Marketplace Zbooni Closes US$9.5M Series A

    Fintech News UAE28. September 2021

    UAE-based social commerce and payments platform Zbooni has closed its Series A round with a second tranche of US$4.5 million.…

    Various

    7 Popular Middle East Fintech Trends 2021

    Sharon Lewis28. September 2021

    The Middle East fintech sector is undergoing a period of incredible transformation. From fintech funding upsurges, to rising fintech adoption,…

    Various

    MEA Fintech Weekly News: Dubai Gets Regulatory Nod for Crypto Trading

    Fintech News UAE26. September 2021

    In last week’s MEA fintech news, it’s all eyes on crypto trading in the UAE – approvals for crypto trading…

    Pakistan

    Pakistan Digital Banking Startup Secures Record Seed Round

    Fintech News UAE22. September 2021

    Pakistani digital banking startup Tag has secured over US$12 million in the largest seed funding round to have taken place…

    Turkey

    Turkish Microlender Colendi Raises US$30M

    Fintech News UAE22. September 2021

    Colendi, a Turkey-based micro lending and credit scoring fintech company, has picked up US$30 million in a Series A round…

    Abu Dhabi

    Velmie Extends Its Banking Software with Cross-Border Transfers

    Fintech News UAE22. September 2021

    Velmie, a fintech and banking software provider, has introduced an FX and cross-border transfers module connected to market-leading providers such…

    Various

    Ecommerce and BNPL Spearhead MENA Payments Sector

    Fintech News UAE21. September 2021

    The MENA payments sector is continuing its accelerated growth curve sparked last year. Driven by booming ecommerce adoption and a…

    Various

    MEA Fintech Weekly News: Melio’s Valuation Soars After US$250M Funding

    Fintech News UAE20. September 2021

    In last week’s MEA fintech news, we saw US-Israeli fintech startup Melio raise a quarter billion dollars at a hefty…

    Egypt

    Egypt-Focused dopay Raises US$18 Million Series A

    Fintech News UAE20. September 2021

    Egypt-focused B2B2C payments platform dopay has secured US$18 million in a Series A funding round, the company announced in a…

    Saudi Arabia

    Fatoorah-Compliant Payments Platform CashIn Raises US$1.6M

    Fintech News UAE19. September 2021

    Saudi Arabia-based digital payment and POS solutions startup CashIn has raised SAR 6 million, or US$1.6 million, in a seed…

    Israel

    US-Israeli Payments Platform Melio Raises US$250M Series D

    Fintech News UAE19. September 2021

    New York-based Israeli B2B payments platform Melio has tripled its valuation to US$4 billion with its latest fundraise of US$250…

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