Middle East and Asia-based API infrastructure company M2P Solutions announced a strategic partnership with Canadian payment solutions provider Buckzy Payments…
Three Egyptian banks will be launching an Egypt fintech fund of EGP 1 billion (US$63.6 million) to support fintech companies…
UAE-based social commerce and payments platform Zbooni has closed its Series A round with a second tranche of US$4.5 million.…
The Middle East fintech sector is undergoing a period of incredible transformation. From fintech funding upsurges, to rising fintech adoption,…
In last week’s MEA fintech news, it’s all eyes on crypto trading in the UAE – approvals for crypto trading…
Pakistani digital banking startup Tag has secured over US$12 million in the largest seed funding round to have taken place…
Colendi, a Turkey-based micro lending and credit scoring fintech company, has picked up US$30 million in a Series A round…
Velmie, a fintech and banking software provider, has introduced an FX and cross-border transfers module connected to market-leading providers such…
The MENA payments sector is continuing its accelerated growth curve sparked last year. Driven by booming ecommerce adoption and a…
In last week’s MEA fintech news, we saw US-Israeli fintech startup Melio raise a quarter billion dollars at a hefty…
Egypt-focused B2B2C payments platform dopay has secured US$18 million in a Series A funding round, the company announced in a…
Saudi Arabia-based digital payment and POS solutions startup CashIn has raised SAR 6 million, or US$1.6 million, in a seed…
New York-based Israeli B2B payments platform Melio has tripled its valuation to US$4 billion with its latest fundraise of US$250…
Fintech sandboxes are a popular way for regulatory authorities in the Middle East to play their part in supporting fintech…
The Abu Dhabi Global Market (ADGM) recently held a webinar on the “New ways of VC Financing in ADGM.” The…
US-Israeli AI fintech company Pagaya is going public via a SPAC merger with EJF Acquisition Corp (EJFA), according to a…
Open banking in the Middle East has become one of the latest buzzwords to come out of the region’s accelerated…
In the United Arab Emirates (UAE), the COVID-19 pandemic has been a catalyst of change in the payment industry landscape,…
Last week in Middle East fintech news, the DIFC announced that it had reached its 2024 target of tripling in…
Kashat, an Egyptian micro loan solutions provider, has raised US$1.75 million in a new bridge funding round, Magnitt reported. The…