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    Fintech News UAE

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    Dubai

    Toko and Virtuzone Sign Collaboration to Launch Dubai’s First Tokenised Equity Crowdfunding Platform

    Fintech News UAE12. September 2023

    TOKO FZE born out of global law firm DLA Piper, announces a strategic partnership with Virtuzone to form an equity…

    Dubai

    UAE Fintech MyZoi Raises $14M From SC Ventures and SBI Holdings

    Fintech News UAE12. September 2023

    myZoi, an UAE based fintech focused on financial inclusion and financial literacy for the underbanked, has raised USD 14 million…

    Saudi Arabia

    Saudi Fintech Sector Doubles in Size

    Fintech News UAE12. September 2023

    Saudi Arabia’s fintech sector is growing at a fast pace, doubling in size in the span of just a couple…

    Dubai

    Innovation Fund of Emirates NBD Makes a Strategic Equity Investment into Trade Finance Company Komgo

    Fintech News UAE7. September 2023

    Emirates NBD has invested in Komgo, a leading software development and technology services company transforming the trade finance industry. The…

    Dubai Saudi Arabia

    UAE Digital Real Estate Investment Platform Enters Fintech Lab in Saudi Arabia

    Fintech News UAE6. September 2023

    Stake, Dubai based digital real estate investment platform, has obtained the approval from the Capital Markets Authority (CMA) in Saudi…

    Abu Dhabi

    J.P. Morgan Payments Partners in Middle East with Network International

    Fintech News UAE5. September 2023

    Network International (Network), an enabler of digital commerce across the Middle East and Africa (MEA) region, has announced a partnership…

    Abu Dhabi Dubai Egypt Saudi Arabia

    MENA Gen Z Consumers Favor Mobile Wallets as Preferred Payment Method

    Fintech News UAE5. September 2023

    In the Middle East and North Africa, Generation Z (Gen Z) members are showing preference for digital payments methods over…

    Turkey

    First Digital Bank Launched in Turkey

    Fintech News UAE30. August 2023

    Anglo-Turkish fintech venture Colendi is launching Turkey’s first digital deposit bank after approval from the Banking Regulation and Supervision Agency…

    Dubai

    Mastercard and Checkout.com Partner to Enable Instant Wallet Top-Ups for Careem

    Fintech News UAE23. August 2023

    In partnership with Mastercard and Checkout.com, Careem Pay has integrated Mastercard Send to enable customers in the UAE to access…

    Saudi Arabia

    Saudi Arabia Launches New $200 Million Early Stage Startup Fund

    Fintech News UAE23. August 2023

    Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million (SAR750 million) fund for early-stage investment in local…

    Abu Dhabi

    Emirates Development Bank Launches Supply Chain Finance and Working Capital Solutions for SME’s

    Fintech News UAE18. August 2023

    Emirates Development Bank (EDB) has inked a Memorandum of Understanding to create supply chain finance and working capital solutions for…

    Abu Dhabi

    Virtual Assets Trading Platform M2 Receives Financial Services Permission From Abu Dhabi Global Market

    Fintech News UAE17. August 2023

    The new virtual asset platform M2 has been officially granted a Financial Services Permission (FSP) license in the Abu Dhabi…

    Saudi Arabia

    Antler Accelerates MENAP Presence and Launches New $60M Early Stage Fund

    Fintech News UAE15. August 2023

    Antler announces the expansion of its presence to MENAP with Dr. Jonathan Doerr and Romain Assunção as Partners. The firm…

    Dubai

    Dubai Introduces AI and Web3 Licenses for Startups

    Fintech News UAE15. August 2023

    The Dubai AI and Web 3.0 Campus has announced that it is issuing artificial intelligence (AI) and Web3 licenses supporting…

    Dubai

    UAE Plans National System for Carbon Credits Based on Blockchain Technology

    Fintech News UAE14. August 2023

    Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, witnessed the signing of a Memorandum of Understanding between the…

    Israel

    Payoneer Acquires Israeli AI Data Platform Spott

    Fintech News UAE7. August 2023

    Payoneer announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and…

    Kuwait

    Mastercard Partners With One Global to Introduce Click to Pay in Kuwait

    Fintech News UAE4. August 2023

    Mastercard has launched Click to Pay (C2P) in Kuwait in collaboration with One Global under its Payment Service provider (PSP)…

    Israel

    Tel Aviv Stock Exchange Signs Digital Asset Tech Agreement With Fireblocks

    Fintech News UAE4. August 2023

    The Tel Aviv Stock Exchange (TASE) has signed a strategic agreement with Fireblocks. This strategic partnership empowers TASE to offer…

    Dubai Saudi Arabia

    noon.com Launches Peer-to-Peer Payments Service “noon Pay”

    Fintech News UAE3. August 2023

    Saudi Arabian e-commerce platform noon.com has launched noon Pay, a peer-to-peer payments service for its users in KSA and the…

    Events

    Top 17 Fintech Events Taking Place in H2 2023 in the Middle East

    Fintech News UAE3. August 2023

    The Middle East has emerged as a dynamic hub for fintech innovation, driven by regional economic strategies that prioritize digital…

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