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    Fintech News UAE

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    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…

    Dubai

    Sarwa To Launch Zero-Commission Trade Service in the UAE

    Fintech News UAE10. March 2021

    Sarwa, a Dubai-based investment advisory platform, is launching a zero-commission trade service in the United Arab Emirates (UAE). The new…

    Egypt

    Egyptian Fintech Startup NowPay Signs MOU With Export Development Bank of Egypt

    Fintech News UAE9. March 2021

    Egyptian fintech startup NowPay signed a Memorandum of Understanding with the Export Development Bank of Egypt (EBE) for a credit…

    Israel

    PayPal to Acquire Crypto Security Firm Curv

    Fintech News UAE9. March 2021

    PayPal announced that it has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital…

    Dubai Virtual Banking

    Neobank YAP Debuts as the First Independent Digital Banking Platform in the UAE

    Fintech News UAE8. March 2021

    Dubai-based neobank YAP has launched as the first independent digital banking platform in the UAE according to Reuters. YAP said…

    Various

    Top 30 Fintech Influencers of the MENA Region in 2021

    Fintech News UAE4. March 2021

    The Digital Fifth, an Indian fintech consulting and advisory firm for financial institutions, has released a list of the top…

    Dubai

    11 Startups Graduate Startupbootcamp Fintech Dubai’s 3rd Cohort

    Fintech News UAE4. March 2021

    Startupbootcamp Fintech Dubai’s industry focused accelerator programme has concluded with 11 startups graduating from its third cohort. Startupbootcamp Fintech Dubai…

    Israel

    Israeli Neobank for Expats Rewire Raises $20 Million in Series B Funding Round

    Fintech News UAE3. March 2021

    Rewire, a Tel Aviv-based neobank for migrants, announced a Series B funding round of $20 million led by global crowdfunding…

    Abu Dhabi Dubai

    How to Buy Cryptocurrencies in the UAE

    Fintech News UAE2. March 2021

    The cryptocurrency market has had a wild year. Market capitalization jumped 750% between January 2020 and February 2021 to reach…

    Dubai

    Dubai Publishes Guides to Accelerate Its Position as a Sustainable Finance Hub

    Fintech News UAE2. March 2021

    The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its position…

    Abu Dhabi

    ADGM Partners UAE University to Launch Startup Accelerator Hub

    Fintech News UAE2. March 2021

    The Abu Dhabi Global Market’s Registration Authority (ADGM RA) and United Arab Emirates University (UAEU) represented by UAEU Science and…

    Egypt

    Visa Supports Egyptian Fintechs With Training Programme

    Fintech News UAE1. March 2021

    Egypt’s Information Technology Industry Development Agency (ITIDA) has collaborated with Visa to launch their fintech training programme for Egyptian fintech…

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