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    Fintech News UAE

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    Israel

    UBS Next Participates in $20 Million Series B of Israel Compliance Tech Startup

    Fintech News UAE6. December 2022

    Shield, a compliance tech platform based in Tel Aviv, announced its $20 million Series B financing round, which was led…

    Abu Dhabi Dubai

    UAE Consumers Share Interest in Embedded Finance

    Fintech News UAE5. December 2022

    Embedded finance is a booming trend that’s rising all over the world, a phenomenon that’s only expected to increase moving…

    Saudi Arabia

    Fintech Licence Overview in Saudi: All the Players You Have to Know

    Fintech News UAE5. December 2022

    Tweeq International Financial Company, a Saudi Arabian business, has been granted a license to operate as a payment fintech company…

    Abu Dhabi Dubai

    The UAE’s Fast-Expanding Crypto, Blockchain Ecosystem Now Comprises 1400+ Stakeholders

    Fintech News UAE1. December 2022

    The United Arab Emirates (UAE) has one of the fastest-growing cryptocurrency ecosystems in the world, home today to over 1,400…

    Iraq Lebanon

    World Bank’s IFC Launches New Venture Capital Platform to Invest in Tech Startups

    Fintech News UAE29. November 2022

    The International Finance Corporation (IFC) has launched a new US$225 million venture capital platform to invest in early stage companies…

    Saudi Arabia

    Saudi British Bank Partners With Visa’s Cybersource to Enhance Its Payment Gateway

    Fintech News UAE29. November 2022

    Saudi British Bank (SABB) has partnered with Visa’s Cybersource to enhance its payment solutions and network uptime, and supplement the…

    Dubai

    CFS DIFC Gets DFSA License to Offer Insurance Advisory Services

    Fintech News UAE29. November 2022

    Insurance broker CFS DIFC has secured a license from the Dubai Financial Services Authority (DFSA) to advise on financial products…

    Abu Dhabi Bahrain Dubai Saudi Arabia

    Bahrain, UAE and Saudi Arabia Recognized as Open Banking Leaders in the GCC

    Fintech News UAE29. November 2022

    In the Gulf Cooperation Council (GCC), the open banking phenomenon is evolving at a rapid pace. Across the region, regulators…

    Abu Dhabi

    Financial Innovation in Transferring Money From UAE & Holding Dirhams

    Fintech News UAE29. November 2022

    Historically, the United Arab Emirates has seen significantly less financial innovation than the west. In part because most of the…

    Dubai

    Emirates NBD Launches Emirates NBD Pay

    Fintech News UAE28. November 2022

    Emirates NBD has expanded its portfolio in the payments space with the launch of Emirates NBD Pay. Launched in collaboration…

    Abu Dhabi

    UAE’s AUM Ventures Launches US$30M Fund to Invest in Indian Startups

    Fintech News UAE28. November 2022

    UAE venture capital firm AUM Ventures has launched its first US$30 million fund that aims to invest in early and…

    Abu Dhabi

    Gulf Capital Gets ADGM In-Principle Approval for an Asset Management License

    Fintech News UAE28. November 2022

    Private equity firm Gulf Capital has opened its new global headquarters in the Abu Dhabi Global Market (ADGM) and obtained…

    Abu Dhabi

    UK’s Berg to Provide Multi-Currency Business Accounts to UAE SMEs

    Fintech News UAE28. November 2022

    UK business payments platform Berg announced that it will be introducing its multi-currency and cross-border transaction services to SMEs in…

    Saudi Arabia

    Tweeq Granted SAMA Payments License to Offer E-Wallet Services

    Fintech News UAE28. November 2022

    The Saudi Central Bank (SAMA) has granted a payment license to Riyadh-based money app Tweeq to provide e-wallet services, bringing…

    Dubai

    Hex Trust Gets MVP License to Offer Virtual Asset Custodial Services in Dubai

    Fintech News UAE28. November 2022

    Hex Trust, a digital asset custodian licensed in Hong Kong and Singapore, has received a Minimum Viable Product (MVP) license…

    Saudi Arabia

    Saudi Arabia: Fintech Momentum to Continue in 2023 Driven by Open Banking and Digital Banking

    Fintech News UAE28. November 2022

    In Saudi Arabia, the fintech industry has risen significantly over the past year, a growth that’s evidenced by accelerated new…

    Abu Dhabi

    Swiss Digital Asset Bank Sygnum Granted In-Principle Approval by ADGM

    Fintech News UAE24. November 2022

    Swiss digital asset bank Sygnum has received in-principle approval from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority…

    Saudi Arabia

    Ta3meed Selects Moneythor’s Loyalty Solution for Its Purchase Order Financing Platform

    Fintech News UAE23. November 2022

    Saudi purchase order financing platform Ta3meed has selected Moneythor’s personal finance management and loyalty solutions to enhance its platform with…

    Dubai

    CoverGo Expands to the Middle East With Noria Capital’s Investment

    Fintech News UAE23. November 2022

    Insurtech CoverGo announced that it is expanding to the Middle East in partnership with insurtech fund Noria Capital following its…

    Dubai

    Nomura’s Komainu Gets MVP Licence to Offer Crypto Custody Services in Dubai

    Fintech News UAE23. November 2022

    Crypto custodian Komainu has received a minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), following its…

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