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    Fintech News UAE

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    Dubai

    Dubai Neobank YAP Raises US$41 Million to Fuel Its Growth Plans

    Fintech News UAE8. July 2022

    Dubai-based neobank YAP announced that it had raised US$41 million to fund its operations and growth. The latest investment comes…

    Various

    Organizations Struggle with Increased IT Complexity

    Fintech News UAE7. July 2022

    These past couple of years have seen the pace of digital transformation increase dramatically as organizations globally moved to the…

    Qatar

    Qatar National Bank Launches WeChat Pay and Alipay+

    Fintech News UAE7. July 2022

    Qatar National Bank (QNB) has announced the launch of WeChat Pay and AliPay+ to its existing broad range of payment…

    Sponsored Various

    MENA’s Demand for Payment Hubs Rises as Open Banking Fuels Cross-Border Flows

    Séba Daher, Lead Solutions Consultant, Payments at Finastra6. July 2022

    The accelerated digitalisation that swept the globe in the last two years has led to widespread adoption of digital financial…

    Dubai

    Etisalat by e& Rolls Out ‘GoChat Messenger’ for Free Voice and Video Calling

    Fintech News UAE4. July 2022

    Etisalat UAE, a telecoms company branded as etisalat by e&, announced the launch of GoChat Messenger, an all-in-one free voice…

    Bahrain

    Backbase Partners With Bahrain Fintech Bay to Boost Digital Banking Adoption

    Fintech News UAE27. June 2022

    Digital banking software provider Backbase and Bahrain Fintech Bay (BFB), a fintech hub in the Middle East and North Africa…

    Dubai

    Wealth Today Summit Spotlights Rising Institutional Adoption of Crypto

    Fintech News UAE23. June 2022

    The wealth and investment landscape has seen its fair share of changes over the last few years and new technologies…

    Sponsored Various

    Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector

    Fintech News UAE22. June 2022

    The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to…

    Dubai

    UAE Proptech Huspy Raises $37 Million in Series A

    Fintech News UAE21. June 2022

    Huspy, the EMEA proptech startup, has announced a $37 million Series A funding round led by Sequoia Capital India to…

    Dubai

    Huobi Group Secures DIFC Innovation License From Dubai Regulator

    Fintech News UAE20. June 2022

    Huobi Group, a global blockchain asset financial services provider, announced that it has secured a DIFC Innovation License in Dubai.…

    Pakistan

    BNPL Emerges as New Favorite Payment Option in MENA-Pakistan

    Fintech News UAE20. June 2022

    In the Middle East, North Africa and Pakistan (MENAP) region, exponential growth in the e-commerce market is fueling the rise…

    Dubai

    Mashreq Offers Fully Integrated Mobile IPO Subscription Service

    Fintech News UAE20. June 2022

    Mashreq is the first bank to go live with its digital IPO subscription through its mobile application. The bank’s retail…

    Oman

    Revolut Has Now Expanded Its Footprint to Oman

    Fintech News UAE20. June 2022

    Challenger bank Revolut announced that a streamlined version of its app is launching in Oman in the next couple of…

    Abu Dhabi Jordan

    ADQ and Jordan’s Ministry of Digital Economy and Entrepreneurship Launch $100 Million Tech Fund

    Fintech News UAE10. June 2022

    ADQ, an Abu Dhabi-based investment and holding company,  announced the launch of a $100 million technology-focused venture capital fund with…

    Abu Dhabi

    NymCard Increases Funding to $35M

    Fintech News UAE9. June 2022

    NymCard – MENA-based Banking as-a-Service (BaaS) provider and card issuer has raised $22.5M in its latest Funding round. This will…

    Bahrain Dubai Qatar Saudi Arabia

    Robo Advisers Are on the Rise in the MENA Region

    Fintech News UAE7. June 2022

    Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital only wealth…

    Saudi Arabia

    Hyperpay Raises $36.7 Million Led by Mastercard

    Fintech News UAE6. June 2022

    KSA-based and MENA servicing payments services provider HyperPay has successfully raised $36.7 million (SAR 138 million) in a funding round…

    Dubai

    Crypto.com Receives Provisional Approval From Dubai Virtual Assets Regulatory Authority

    Company Announcement6. June 2022

    Crypto.com announced last weekt that it has received provisional approval of its Virtual Asset MVP License from the Dubai Virtual…

    Sponsored Various

    8 Financial Processes Poised for Digital Transformation

    Fintech News UAE2. June 2022

    COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their…

    Saudi Arabia

    6 Fast-Growing Fintechs from Saudi to Keep a Close Eye on

    Fintech News UAE27. May 2022

    These past few years have seen Saudi Arabia’s fintech sector gaining strong momentum, a growth that’s been fueled by favorable…

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