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    Fintech News UAE

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    Abu Dhabi

    Visa Study Shows Significant Shift to Digital Commerce Amid COVID-19

    Fintech News UAE19. August 2020

    Visa published its global Back to Business study assessing the shift to digital commerce in response to the pandemic, driven…

    Saudi Arabia

    A Growing Fintech Ecosystem Is Emerging In Saudi Arabia

    Fintech News UAE18. August 2020

    The fintech landscape in Saudi is said to be rapidly developing according to the Fintech Saudi Annual Report 2019/ 2020,…

    Israel

    Israel Stock Exchange Launches Blockchain Securities Lending Platform

    Fintech News UAE12. August 2020

    The Tel-Aviv Stock Exchange (TASE) announced the launch of a Central Blockchain Securities Lending Platform in Israel. The platform will…

    Dubai

    Dubai Pushes Region’s First Digital Security Capital Raise

    Fintech News UAE23. July 2020

    Dubai International Financial Centre (DIFC) has announced that investment banking and wealth management firm GRIP is undertaking a fully digital…

    Oman

    Oman Air Partners with BankDhofar to Provide Instant Payment Solution

    Fintech News UAE14. July 2020

    BankDhofar joined hands with Oman Air to launch an e-commerce payment gateway platform. The initiative will enable Oman Air customers…

    Abu Dhabi

    UnionPay and Network International Introduces a COVID-Safe Drive-In Cinema Experience

    Fintech News UAE14. July 2020

    Merchant clients of Network International, an enabler of digital commerce in the Middle East and Africa, supported by globally-recognised bankcard…

    Saudi Arabia

    Tabby’s Pay Later Solution Launches in Saudi

    Company Announcement7. July 2020

    tabby, a UAE-based Fintech startup, has launched its “Buy Now Pay Later” solution in Saudi Arabia after completing its latest…

    Dubai

    Dubai’s Sandbox Sees The Largest Number of Application to Date

    Fintech News UAE6. July 2020

    The Dubai Financial Services Authority (DFSA) announced that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence…

    Abu Dhabi

    DEX Secures Regulatory Approval in the Abu Dhabi Global Market from the FSRA

    Company Announcement5. July 2020

    DEX, a global digital assets marketplace headquartered in Abu Dhabi, has secured a Financial Services Permission (FSP) from the Financial…

    Abu Dhabi

    UAE Central Bank and ADGM Invite Fintech Applications for the 2020 Innovation Challenge

    Fintech News UAE3. July 2020

    The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM), are pleased to invite applications from local and…

    Dubai

    Commercial Bank of Dubai and Thunes Partner to Offer Real-Time International Remittances

    Fintech News UAE30. June 2020

    Commercial Bank of Dubai and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows…

    Abu Dhabi

    Mamo Pay Is Working With Visa to Deliver the Next Innovation in Payments

    Company Announcement30. June 2020

    Mamo Pay, the MENA region’s highly anticipated peer-to-peer mobile payments app, announced that it has joined Visa’s Fintech Fast Track…

    Dubai

    UAE Consumers Go Cashless as Trust in Digital Payments Surges Amid COVID-19

    Company Announcement23. June 2020

    Dubai Police, Dubai Economy (DED), and Visa released findings of a survey on the impact of COVID-19 pandemic on payment…

    Saudi Arabia

    Saudi Monetary Authority Deployed Blockchain Tech for Money Transfer With Local Banks

    Company Announcement22. June 2020

    Saudi Arabian Monetary Authority (SAMA) has recently used blockchain technology to deposit part of the liquidity that SAMA had previously…

    Dubai Fintech Startup of the Week

    Upcoming Neobank Jingle Pay Promises Seamless Digital Onboarding, Multi-Currency Accounts, and More

    Fintech News UAE18. June 2020

    COVID-19 continues to spread across the United Arab Emirates with now 43,364 confirmed cases, including 295 deaths, according to the…

    Various

    Kyriba Expands Footprint in Middle East and Africa

    Company Announcement17. June 2020

    Kyriba, a global liquidity solutions provider announced a partnership with Midis Group, a technology organization, comprising some 170 companies across…

    Dubai

    Dubai Financial Services Authority Published Discussion Paper on Digital Assets Custody

    Company Announcement15. June 2020

    The Dubai Financial Services Authority (DFSA) along with Deloitte Middle East published “A Market Overview of Custody for Digital Assets”…

    Saudi Arabia

    Pay Later Solution Tabby Secures $7m Funding to Launch in Saudi Arabia

    Company Announcement9. June 2020

    Tabby, the UAE-based FinTech startup and the region’s first Buy Now Pay Later solution, today announced it has raised $7M…

    Dubai

    DIFC’s 100USD Million Fintech Fund Invests in 4 Fintech Startups

    Company Announcement8. June 2020

    Dubai International Financial Centre (DIFC) announced that it has invested in four FinTech start-up companies. The investment reflects the DIFC’s…

    Report

    Middle Eastern Banks Slow in Embracing Fintech Despite Customers Keenness

    Fintech News UAE7. June 2020

    In the Middle East, despite customers’ willingness to adopt innovative fintech solutions, banks are still reluctant in integrating fintechs into…

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