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HUB71+Digital Assets Launched With More Than $2 Billion in Funding Available
Hub71, Abu Dhabi’s global tech ecosystem, announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, with more than $2 billion of capital committed to fund Web3 startups and blockchain technologies from the UAE’s capital. Hub71+ is a
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Dubai’s Strategic Vision Cement its Fintech Leadership
Dubai, a city known for leading technological innovation and digital transformation, has emerged as the fintech hub of the Middle East and Africa (MENA) and South Asia region due to its emphasis on building a modern, digitally-driven, and innovative economy.
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New Islamic Fintech Accelerator: Emirates Islamic Partners with Plug and Play Abu Dhabi
Emirates Islamic has launched a global Fintech accelerator campaign in collaboration with Plug and Play Abu Dhabi. The campaign is a call to action for leading Islamic Fintechs and financial startups with propositions that can enhance customer journeys across SME
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UAE Teen Financial Platform Goes Live
Savii, a financial platform designed for teens and young adults, today announced their official product launch in the UAE. The Savii banking app and Visa prepaid card allow teenagers and young adults to make payments independently and relieve parents of
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UAE Central Bank Launches 9 New Key Digital Finance Initiatives
The Central Bank of the UAE (CBUAE) launched yesterday it’s Financial Infrastructure Transformation Programme to accelerate the digital transformation in the financial services sector as part of a wider strategy aimed at enabling the CBUAE to be among the top
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Flutterwave Secures Payments Licenses in Egypt for North Africa Expansion
Nigerian payments company Flutterwave announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt. This will enable Flutterwave to collect payments on behalf of its customers and settle payments locally and globally. The company will
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Rise of Digital Payments in MENA Region: 2023 Digital Payment Trends
This article provides you with an overview of current and emerging digital payment trends in MENA region, along with interesting numbers backing up each of the trends. Digital payments in MENA region are developing at an accelerated pace, as well
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What’s Powering the Fintech Revolution in the Middle East?
The Middle East has seen a rapid rise in fintech in recent years, transforming the region’s financial services landscape. Fintech makes the playing field increasingly dynamic and diverse, with various players, including financial institutions (FIs), offering innovative solutions across areas
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Abraham Accords: Unlocking the Potential for Israeli Tech Companies in the UAE
The UAE has over the last five years or so become home to a growing range of innovative tech companies in a wide variety of sectors, including fintech. This has been the result of a very deliberate policy of the
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Egyptian Fintech MNT-Halan Gets Unicorn Badge With US$400 Million Raise
Egyptian fintech MNT-Halan announced that it has raised up to US$400 million in equity and debt financing, pushing its valuation to over US$1 billion. The funds came from Chimera Abu Dhabi which has invested more than US$200 million in equity
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