US-based VC firm, 500 Global has announced the launch of 500 MENA, a new fund dedicated to investing in high-growth…
AIFT, a global cybersecurity and insurance technology company based in Hong Kong, has strengthened its commitment to the Middle East…
Saudi Arabia’s fintech assets under management (AUM) are projected to approach US$64 billion in 2024, indicating substantial growth, according to…
Paymob, a financial services enabler in MENA, has been granted the Retail Payment Services License by the Central Bank of…
MoneyHash, a payment orchestration platform operating in the Middle East and Africa, has raised $5.2 million in pre-A funding led…
In 2024, the fintech industry in the United Arab Emirates (UAE) witnessed remarkable growth, driven by an increase in cashless…
Mastercard has partnered with ruya, a digital Islamic community bank in the UAE, to launch innovative debit and credit card…
Daleel, a Bahrain-founded personalised financial marketplace, has expanded into the UAE. The UAE launch took place at Visa’s CEMEA region…
The Saudi Central Bank (SAMA) and Google have officially signed an agreement to launch Google Pay in Saudi Arabia by…
Numou, a subsidiary of ADGM, the financial center of Abu Dhabi, has announced an expansion of its lending partner network.…
Singapore-based Orbit Startups, and Riyadh-based Sanabil Investments have launched the Sanabil Accelerator by Orbit, a program aimed at supporting early-stage…
Hong Kong-based HashKey Group announced that its subsidiary, HashKey MENA FZE, has received In-Principle Approval (IPA) from the Dubai Virtual…
Mashreq Bank has completed the sale of a majority stake in NEOPAY, a UAE digital payments company. The stake was…
EC Markets, a global leader in CFD trading, is set to make an important contribution at the upcoming iFX EXPO…
Global payment solutions provider, Checkout.com, headquartered in London, has partnered with Dubai-based payment gateway and financial service provider, noqodi, to…
Abu Dhabi Islamic Bank’s (ADIB) innovation arm, ADIB Ventures, partnered with the DIFC Innovation Hub to launch the Generative AI…
Riyadh-based Zension Technologies has raised US$30 million in a Series A funding round led by Wa’ed Ventures, the US$500 million…
Zand, UAE’s digital bank, has partnered with Klickl International, a UAE-based Web3 Open Finance platform. Together, they aim to improve…
Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed by Global…
Purpl announced its partnership with Careem Pay to provide instant, and cost-effective money transfer solutions for the Lebanese community in…