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    Fintech News UAE

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    Dubai

    P2P Payments Firm Mamo Granted Innovation Testing License by Dubai Regulator

    Fintech News UAE30. June 2021

    Mamo, a Dubai-based digital wallet and peer-to-peer payments platform, has been granted an Innovation Testing License to operate in or…

    Various

    Interest in Fintech Picks up in Cameroon

    Fintech News UAE28. June 2021

    Cameroon’s nascent fintech industry is gaining traction this year, a trend reflected by rising digital financial services adoption, considerable funding…

    Dubai

    Paxful Rolls Out Bitcoin Payment Option for E-Commerce Merchants in the UAE

    Fintech News UAE25. June 2021

    Paxful, a global peer-to-peer fintech, announced that its e-commerce solution that allows businesses worldwide to receive bitcoin. The Paxful Pay…

    Saudi Arabia Virtual Banking

    STC Pay Clinches One of the Two Digital Bank Licenses in Saudi

    Fintech News UAE24. June 2021

    The Saudi cabinet has granted a digital bank license to STC Pay, a digital payments company which is a fully…

    Saudi Arabia

    Saudi Fintech Tweeq Raises an Undisclosed Seven-Figure Funding

    Fintech News UAE21. June 2021

    Tweeq, a Saudi-based provider of spending accounts for individuals and SMEs, announced the closure of an undisclosed seven-figure investment round,…

    Abu Dhabi

    Mashreq Taps Comarch to Digitise Its Wealth Management Offering

    Fintech News UAE17. June 2021

    Mashreq has chosen global software company Comarch to deliver investment propositions which will add value to its wealth management services,…

    Dubai

    Visa Appoints New Group Country Manager to Lead the GCC Region

    Fintech News UAE17. June 2021

    Visa announced the appointment of Dr. Saeeda Jaffar as Group Country Manager, and Senior Vice President, for its operations across…

    Dubai

    Amazon Payment Services Launches Fintech Lab at Dubai’s DIFC Innovation Hub

    Fintech News UAE16. June 2021

    Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, has launched the Amazon…

    Abu Dhabi Saudi Arabia

    Amazon’s Alexa to Roll Out Skills Kit in Saudi and UAE by End of 2021

    Fintech News UAE15. June 2021

    Developers can start building voice experiences, called “skills” for customers in the Kingdom of Saudi Arabia and the United Arab…

    Egypt

    2020 VC Funding Hits New All-Time High in Egypt; Fintech Makes up 8% of Total Funding

    Fintech News UAE13. June 2021

    Egypt’s venture investment ecosystem has emerged as one of the most rapidly developing markets in the Middle East and North…

    Dubai

    Dutch Payments Firm Adyen Strengthens Middle East Team With New Hire

    Fintech News UAE10. June 2021

    Adyen, a Dutch payments platform, has strengthened its regional leadership team with the appointment of Mahmoud Ismail, as Vice President…

    Events

    8 Upcoming Live and Virtual Fintech Events in the Middle East

    Fintech News UAE8. June 2021

    Over the past years, the fintech sector in the Middle East has seen substantial growth. According to the State of…

    Dubai Saudi Arabia

    Dubai’s P2P Payments Firm Ziina Raises US$7.5 Million Ahead of Saudi Expansion Plans

    Fintech News UAE8. June 2021

    Ziina, the UAE’s Peer-to-Peer (P2P) payment application backed by Y-Combinator (YC), announced its latest funding round of US$7.5 million. The…

    Israel

    Israel Witnessed the Third Highest Surge in Fintech Interest Worldwide

    Fintech News UAE8. June 2021

    Over the past year, Latvia, Zimbabwe and Israel have witnessed the highest surge in fintech interest worldwide, an analysis by…

    Abu Dhabi Saudi Arabia

    Dutch Fintech Recharge.com Rolls Out Services in Saudi and the UAE

    Fintech News UAE7. June 2021

    Dutch payments company Recharge.com announced the launch of its services in the Kingdom of Saudi Arabia and the United Arab…

    Abu Dhabi

    Dutch Payments Platform Adyen Expands Its Acquiring Offering to the UAE

    Fintech News UAE3. June 2021

    Adyen, a global payments platform based in Netherlands, announced the expansion of its local acquiring services to include the United…

    Algeria

    Fintech Development in Algeria Lags Behind MENA Counterparts

    Fintech News UAE2. June 2021

    Despite strong mobile phone penetration and high mobile broadband connectivity, fintech development in Algeria is still underwhelming compared to other…

    Bahrain

    Bahrain Named World’s Most Financially Attractive City for 3rd Consecutive Year

    Fintech News UAE1. June 2021

    Bahrain has topped the globally recognised AIRINC Global 150 Cities Index financial attractiveness ranking for the third straight year, which…

    Dubai

    PayBy’s Contactless Payment Option Now Available At Al Maya Supermarkets Across UAE

    Fintech News UAE31. May 2021

    PayBy, an Abu Dhabi-based payments startup, has partnered with Al Maya Group to provide the latter with secure, contactless payment…

    Bahrain

    NEC Payments Taps Netcetera’s 3DS 2.0 Solution for Enhanced Security

    Fintech News UAE30. May 2021

    Bahrain-based payment services provider NEC Payments has selected Netcetera for its 3DS 2.0 solution, the latest in payment security protocols.…

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