Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai headquartered…
The State Bank of Pakistan (SBP) has unveiled the granting of no objection certificates (NOCs) to five applicants of its…
The Saudi Central Bank (SAMA) announced the licensing of two finance companies specialized in debt-based crowdfunding, namely: Forus and Tameed.…
The Saudi Central Bank (SAMA) continues to experiment on Central Bank Digital Currency (CBDC) as it is currently working on…
2022 was a record-breaking year for venture capital (VC) investment in Saudi Arabia. Startups in the country secured a total…
UAE-based Alaan, the leading spend management platform for Middle Eastern businesses, announced today that it has raised $4.5 Million Pre-Series…
Tabby, MENA’s shopping and financial services app, has raised $58 million from Sequoia Capital India, STV and PayPal Ventures, Mubadala…
BFC Payments , the Fintech arm of BFC Group Holdings W.L.L., has collaborated with M2P Fintech, an Asian largest API…
Payment solutions provider BPC announced that it has extended its collaboration with Bahrain-based International Payment Services (IPS). As part of…
Mashreq, one of the leading financial institutions in the UAE, has appointed Radu Topliceanu as its new Head of Neo…
Though less developed than neighboring countries including the United Arab Emirates (UAE) and Saudi Arabia, Qatar’s fintech industry has continued…
Over the past years, the United Arab Emirates (UAE) has emerged as a leading fintech hub in the Middle East…
The Saudi Central Bank (SAMA) announced the launch of the Open Banking Lab according to the Open Banking Framework issued…
In the scope of the first-phase studies of the Digital Turkish Lira Project, conducted under the leadership of the Central…
The central banks of Iraq, Jordan, and Egypt has leveraged Buna, a cross-border payment system operated by Arab Regional Payments…
His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), chaired a meeting with the UAE…
In 2022, technology startups in the Middle East and North Africa (MENA) region continued to attract funding, securing a total…
Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems…
The Central Bank of Egypt (CBE) has launched its Financial Inclusion Strategy 2022-2025, a national development plan focusing on expanding…
Since 2012, the Middle Eastern digital banking market has experienced sustained growth, rising at a 43% compound annual growth rate…