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    Fintech News UAE

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    Israel

    Israel API Developer Weav Acquired for US$50 Million

    Fintech News UAE23. August 2021

    US-based fintech company Brex has acquired Israeli Application Programming Interface (API) developer Weav for US$50 million, according to a recent…

    Egypt

    Arab Bank Launches Fintech Accelerator in Egypt

    Fintech News UAE23. August 2021

    Jordan’s Arab Bank has launched a corporate fintech accelerator in Egypt, according to a recent announcement by the bank. The…

    Abu Dhabi

    ADGM Launches 5th Fintech Abu Dhabi Innovation Challenge

    Fintech News UAE19. August 2021

    The Abu Dhabi Global Market (ADGM) has launched the fifth edition of its flagship initiative Fintech Abu Dhabi Innovation Challenge.…

    Bahrain

    Finleap and Batelco Partner to Boost Open Banking in the MENA Region

    Fintech News UAE19. August 2021

    European fintech ecosystem builder finleap entered into a strategic partnership with Bahraini telecoms company Batelco, according to an announcement earlier…

    Bahrain

    Ajar Expands Its Proptech Platform to Bahrain

    Fintech News UAE17. August 2021

    Rental collection platform Ajar has expanded its operations to Bahrain, according to a recent announcement. With a presence in Kuwait…

    Bahrain

    National Bank of Bahrain Kickstarts Digital Banking Challenge

    Fintech News UAE17. August 2021

    The National Bank of Bahrain (NBB) has partnered with Bahrain Fintech Bay to launch a Digital Banking Challenge, according to…

    Various

    14 Top Funded Fintechs in the Middle East 2021

    Sharon Lewis15. August 2021

    It has been a year of wins so far for MENA-based fintechs, with a handful of top funded fintechs in…

    Egypt

    dopay Acquires Banking Licence Through Bank ABC Egypt

    Fintech News UAE11. August 2021

    Payments fintech dopay has secured a banking agent licence from Bank ABC Egypt for a virtual banking platform, a statement…

    Saudi Arabia

    Gen Z, Millennials Drive Saudi Fintech Adoption

    Sharon Lewis11. August 2021

    Cash usage is declining amongst growing Saudi fintech adoption, according to the findings of Fintech Saudi’s National Fintech Adoption Survey.…

    Egypt

    How Fawry Became Egypt’s First Fintech Titan

    Sharon Lewis11. August 2021

    In August last year, Fawry made headlines as Egypt’s first tech company to lay claim to unicorn status. The financial…

    Sponsored

    Airome Technologies Recognised as Gartner’s User Authentication Market Leader

    Fintech News UAE10. August 2021

    Airome Technologies, a Singapore-based developer of cybersecurity solutions for digital banking and e-document management systems, was announced as a representative…

    Various

    Amidst Record Global Fintech Investment, Middle East Sees Surge

    Sharon Lewis10. August 2021

    Record levels of VC funding made their way to fintechs in the MENA region, amidst a global fintech investment boom.…

    Abu Dhabi Dubai

    Personal Finance Platform Sarwa Secures US$15 Million Series B

    Fintech News UAE9. August 2021

    Dubai-based personal finance and investment platform Sarwa has gathered US$15 million in a Series B round of funding, the company…

    Israel

    Israel’s OurCrowd and the Azerbaijan Investment Company Sign MoU

    Fintech News UAE8. August 2021

    Israeli venture investing platform OurCrowd has signed an MoU with the Azerbaijan Investment Company (AIC) to bolster strategic investments by…

    Various

    The Ultimate Snapshot of Fintech in 10 Arab Countries

    Sharon Lewis8. August 2021

    The Arab Monetary Fund (AMF) recently released the second edition of The Arab Region Fintech Guide. The report discussed the…

    Abu Dhabi Dubai

    Amid BNPL Boom, UAE’s tabby Picks Up US$50 Million Funding

    Fintech News UAE4. August 2021

    UAE-based buy now pay later (BNPL) company tabby has secured US$50 million in its latest round of funding, according to…

    Abu Dhabi Dubai

    Payit and PLATX Launch UAE’s First WhatsApp-Enabled Payment Solution

    Fintech News UAE4. August 2021

    First Abu Dhabi Bank (FAB)-owned digital wallet Payit has announced a partnership with digital support services provider PLATX Omni Channel…

    Saudi Arabia

    9 Startups Lead Saudi Fintech Startup Funding in H1 2021

    Sharon Lewis4. August 2021

    The first half of 2021 has been eventful for Saudi fintech startup funding. H1 saw deal sizes ranging from as…

    Jordan

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

    Fintech News UAE4. August 2021

    Jordanian point-of-sale platform POSRocket has secured US$5 million in their latest funding round, the company announced in a statement today.…

    Abu Dhabi Dubai Oman

    UAE-Based “Robinhood” Style Fintech baraka Raises US$4 Million

    Fintech News UAE3. August 2021

    UAE-based fintech baraka has raised US$4 million in a seed stage round, the company announced today. The round was raised…

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