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MENA Fintech Awards 2022 Names the Region’s Best Fintech Companies
The inaugural MENA Fintech Awards organised by the MENA Fintech Association (MFTA) came to a close on 15 November with an awards ceremony hosted by the Abu Dhabi Finance Week (ADFW). The awards, organised in partnership with consulting firm Grant
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Binance Secures Financial Services Permission From ADGM’s FSRA
Binance has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to provide custody services to professional clients. The cryptocurrency platform previously received in-principle approval from the FSRA to be
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Israel’s Liquidity Group to Establish R&D Center in Abu Dhabi
Credit automation platform Liquidity Group has joined the Abu Dhabi Investment Office (ADIO) Innovation Programme and will establish an R&D center in the city, making it the first Israeli company to do so. Liquidity’s R&D center will focus on developing
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ADGM’s Abu Dhabi Finance Week Launches, Featuring Fintech Abu Dhabi 2022
The inaugural Abu Dhabi Finance Week (ADFW) is taking place from 14 to 18 November with the participation of 500 high-level investors from around the world across 30 separate events. The ADFW is organised by the Abu Dhabi Global Market
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Wio Bank to Provide ADGM-Registered SMEs With Banking Services
Digital bank Wio has partnered with the Abu Dhabi Global Market (ADGM) to support small and medium-sized enterprises (SMEs) in the UAE with banking services. The partnership, which was announced during the Abu Dhabi Finance Week (ADFW), will see Wio
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Checkout.com Launches R&D Hub in Tel Aviv To Expand its Talent Pool
UK payments platform Checkout.com has launched a new research and development hub in Israel as part of its international growth plans and to allow the company to tap into new technical talent pools. Checkout.com says that the new office will
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Beyon Money Partners With MoneyGram to Enable Payments to Over 200 Countries
Bahrain money app Beyon Money has partnered with P2P payments company MoneyGram to enable its users to send money in near real-time to over 200 countries around the world. Beyon Money, which describes itself as a “financial super app”, allows
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Pyypl Raises US$20M Series B Investment To Expand in MENA
UAE digital wallet startup Pyypl has closed a US$20 million Series B funding round from a group of new and existing investors, and says that it is considering opening a second tranche for further investment. Founded in 2017, Pyypl is
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Blnk Raises US$32M Led by Abu Dhabi’s EIIC and Sawari Ventures
Egyptian consumer credit platform Blnk has raised US$23.7 million in equity and debt funding, and US$8.3 million in securitised bond issuance underwritten by National Bank of Egypt and Banque du Caire. The US$12.5 million equity round was led by Abu
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19 Upcoming Fintech Events to Attend in the Middle East
Fintech is one of the most dynamic and fastest evolving industries in the world, driven by advances in technology, continuous innovation in the space, and investors’ bullishness in the prospect of digital tools and technology to solve some of the
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