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    Fintech News UAE

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    Pakistan

    Western Union, Pakistan’s Faysal Bank Team up for Real-Time Account Payout Capability

    Fintech News UAE7. April 2021

    Western Union, a provider of cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s Islamic…

    Dubai

    Stripe Expands Its Footprint to the Middle East With New UAE Office

    Fintech News UAE6. April 2021

    Stripe, an Irish-American payment processing platform, announced its official launch in the United Arab Emirates (UAE) which will be Stripe’s…

    Africa Kenya

    Mobile Money Boom Lays Foundation for Fintech In Kenya

    Fintech News UAE5. April 2021

    Home to over 150 fintech companies, Kenya has one of the biggest and most developed fintech ecosystems in the African…

    Abu Dhabi

    ADGM Rolls Out New Regulatory Framework for Third Party Financial Technology Services

    Fintech News UAE5. April 2021

    The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has introduced a new regulatory framework for the…

    Africa Egypt Ethiopia Ghana Kenya Nigeria South Africa Tanzania

    Fintech in Africa will Boom in 2022: Fintech News Network Launches Its 8th Publication

    Fintech News UAE31. March 2021

    The Fintech News Network is pleased to announce the launch of our eighth publication; Fintech News Africa. The Fintech News…

    Saudi Arabia

    SABB and Geida Launches Tap-on-Phone Payment Option in Saudi

    Fintech News UAE30. March 2021

    SABB and Geidea launched a partnership to launch an app-based tap-on-phone (SoftPoS) solution under the enablement and guidance of Saudi…

    Dubai

    Dubai’s NOW Money Raises $7 Million in Funding

    Fintech News UAE30. March 2021

    NOW Money, a Dubai-based digital banking solution provider for low-income migrant workers, has secured $7 million in a funding round…

    Dubai

    Dubai Regulator Seeks Feedback on Security Tokens Regulations

    Fintech News UAE30. March 2021

    The Dubai Financial Services Authority (DFSA) is requesting feedback on its proposed regulation of security tokens. The DFSA has published its…

    Saudi Arabia

    Saudi Central Bank Grants 2 More Licenses to Payment Companies

    Fintech News UAE29. March 2021

    The Saudi Central Bank (SAMA) has granted two licenses to International Digital Solutions Co and Azm Fintech Co to provide…

    Africa Ethiopia

    Ethiopian Fintech Scene Shows Great Promise as Africa’s Next Fintech Hub

    Fintech News UAE26. March 2021

    Ethiopia’s large population of unbanked, the government’s current digital push, and recent finance reforms are bringing new opportunities for fintech…

    Oman

    MoneyGram Inks Deal to Join Pay+ Mobile Wallet for Middle East Expansion

    Fintech News UAE25. March 2021

    MoneyGram, an American money transfer company, announced that it has signed an agreement to launch its remittance capabilities on Pay+,…

    Dubai

    UAE Fintech Ecosystem Should Brace Itself for Greater Risks That Lies Ahead

    Fintech News UAE25. March 2021

    A survey conducted by Várri Consultancy, a Dubai-based consultancy focused on strategy and risk assessment, found that as the UAE…

    Saudi Arabia

    Saudi Licenced Fintech Startup Hala Closing a $6.5 Million Series A Round

    Company Announcement23. March 2021

    Hala (previously Halalah) one of the first fintech startups to obtain the full SAMA license, secures $6.5 Million (24.3 Million…

    Dubai

    Crypto Businesses Now Able to Set Up at DMCC in Dubai Following SCA Agreement

    Company Announcement23. March 2021

    The Free Zone and Government of Dubai Authority on commodities trade and enterprise – has entered into a memorandum of…

    Dubai

    UAE Central Bank Issues Two New Payment Systems Regulations

    Fintech News UAE21. March 2021

    The Central Bank of the UAE (CBUAE) has issued two new regulations namely the Large-Value Payment Systems (LVPS) Regulation and…

    Saudi Arabia

    Saudi Crowdlending Platform Lendo Secures $7.2 Million in Series A Funding Round

    Fintech News UAE15. March 2021

    Saudi-based crowdlending platform Lendo announced that it has successfully raised US$ 7.2 million (SR 27 million) in Series A within…

    Africa Nigeria

    Flutterwave Clinches Unicorn Status With US$170 Million Funding

    Fintech News UAE11. March 2021

    African payments company Flutterwave announced that it has secured US$170 million during its Series C round, attaining unicorn status with…

    Africa South Africa

    Citi Unveils Digitised Documentation for Cross-Border Payments

    Fintech News UAE11. March 2021

    Citi has announced the launch of a new service for its institutional clients that speeds up the processing of their…

    Dubai

    Emirates NBD Integrates With UAE PASS for Digital Onboarding

    Fintech News UAE11. March 2021

    Emirates NBD announced that it has integrated its website with UAE PASS, enabling individual customers to seamlessly open a bank…

    Dubai

    Baraka Unveils Commission-Free Investment Platform for the UAE

    Fintech News UAE11. March 2021

    baraka, a UAE-based fintech startup, introduced its proprietary commission-free mobile trading platform following a pre-seed capital raise of USD 1…

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