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    Fintech News UAE

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    Saudi Arabia

    Saudi Central Bank Grants Payment Licenses to Arab Sea Financial Company and Fatoraah

    Fintech News UAE19. September 2022

    The Saudi Central Bank (SAMA) has granted e-commerce payment licenses to Arab Sea Financial Company and Fatoraah, bringing the total…

    Dubai

    Wio Bank Launches in the UAE With Digital Banking App for Startups and SMEs

    Fintech News UAE15. September 2022

    Wio Bank has officially launched in the UAE with its first digital banking app Wio Business that aims to serve…

    Dubai

    IDnow is Supporting the IATA’s Vision of a Digital Identity System for Airports

    Fintech News UAE15. September 2022

    Dubai-based identity proofing solutions provider IDnow announced its participation in the International Air Transport Association’s (IATA) Accelerate@IATA 2022 accelerator programme.…

    Dubai

    Emirates NBD Launches API Developer Portal With Access to APIs in 6 Categories

    Fintech News UAE13. September 2022

    UAE banking group Emirates NBD has launched Emirates NBD API Souq, a financial Application Programming Interface (API) developer portal to…

    Dubai

    MBRIF Alumni Direct Debit Marketplace Launches to Facilitate Recurring Payments

    Fintech News UAE12. September 2022

    UAE fintech Direct Debit Marketplace has launched a platform to allow merchants to accept direct debits for recurring payments such…

    Abu Dhabi

    Klickl Gets ADGM Approval to Operate as a Crypto Broker-Dealer and Custody Provider

    Fintech News UAE12. September 2022

    Klickl is the latest cryptocurrency platform to receive the in-principle approval (IPA) of the Financial Services Permission (FSP) from Abu…

    Egypt Jordan

    liwwa Secures US$18.5M to Grow Its P2P Lending Platform and Expand in Egypt

    Fintech News UAE12. September 2022

    Amman-based lending fintech liwwa has secured US$18.5 million in its Pre-Series B fundraising round. The company lends to small and…

    Abu Dhabi Dubai

    Digital Banking Adoption Soars in the UAE

    Fintech News UAE8. September 2022

    In the United Arab Emirates (UAE), rapid digital adoption brought about the COVID-19 pandemic has accelerated the continued interest in…

    Dubai Jordan

    UAE-Based Payments Startup Ziina to Expand Digital Wallet Offering to Jordan

    Fintech News UAE8. September 2022

    UAE-based payments start-up Ziina has announced plans to expand to Jordan. The company previously launched their digital wallet in February 2022…

    Dubai

    Emirates Development Bank Now Offers up to AED 5 Million in Loans on Its App

    Fintech News UAE6. September 2022

    Emirates Development Bank (EDB) announced a new lending feature offered in partnership with peer-to-peer (P2P) lending platform Beehive that allows SMEs…

    Israel

    Wix’s UK-Based Merchants Can Now Accept Payments With Vyne

    Fintech News UAE5. September 2022

    Account-to-account payments platform Vyne entered a new partnership with web development platform Wix that gives Wix’s UK-based merchants access to…

    Israel

    8 Rising Fintech Startups in Israel

    Fintech News UAE5. September 2022

    Israel is home to a dynamic fintech ecosystem with global reach and traction. In 2021, Israeli-founded fintech startups raised a…

    Qatar

    Ooredoo and iPay by Vodafone Awarded Qatar’s First Digital Payment Licenses

    Fintech News UAE5. September 2022

    Qatar Central Bank (QCB) has issued the country’s first digital payment licenses to Ooredoo Money and iPay by Vodafone Qatar.…

    Saudi Arabia

    Saudi Central Bank Updates Its Regulatory Sandbox Framework to Drive Innovation

    Fintech News UAE1. September 2022

    The Saudi Central Bank (SAMA) announced that it has updated its Regulatory Sandbox framework as part of its efforts to…

    Abu Dhabi

    AWS Launches New Cloud Region in the United Arab Emirates

    Fintech News UAE1. September 2022

    Amazon Web Services (AWS) announced the launch of its AWS Middle East (UAE) Region, the second of its kind following…

    Abu Dhabi

    Abu Dhabi Accelerator Hub71 Selects 6 Fintechs for Its Latest Cohort

    Fintech News UAE31. August 2022

    Hub71, Abu Dhabi’s global tech ecosystem, has selected six fintechs to be a part of its latest cohort of tech…

    Abu Dhabi Dubai

    Fintech Leads UAE Startup Funding

    Fintech News UAE31. August 2022

    In H1 2022, fintech was the preferred industry for startup investors in the United Arab Emirates (UAE), accounting for 34%…

    Dubai

    Dubai Proptech Platform Stake Raises US$8 Million in Pre-Series A

    Fintech News UAE30. August 2022

    Dubai-based digital real estate investment platform, Stake, secured over US$8 million in an oversubscribed pre-series A funding round. This follows…

    Kuwait

    Kuwait to Test an Open Banking Product Within the Fintech Regulatory Sandbox

    Fintech News UAE26. August 2022

    Keen to enable the new FinTech and support the Open Banking to help bring about innovative business models in the…

    Dubai

    MENA’s Teen Neobank Zywa Raises US$3 Million Seed Round

    Fintech News UAE24. August 2022

    Zywa, a teen-focused fintech startup aiming to re-imagine banking for Gen Z in the Middle East and North Africa, has…

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