Search Results for "Saudi Central Bank"

Egyptian Payments Firm Paymob Completes Series A Funding Of US$18.5 Million

Egypt’s digital payments provider Paymob announced that it has secured US$15 million in a second tranche of its Series A fundraising activity. It follows a first tranche of US$3.5 million, raised in July 2020. The capital raise was led by

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Top 30 Fintech Influencers of the MENA Region in 2021

The Digital Fifth, an Indian fintech consulting and advisory firm for financial institutions, has released a list of the top 30 fintech influencers in the Middle East and North Africa (MENA) region which has witnessed a flourishing fintech landscape in

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How to Buy Cryptocurrencies in the UAE

The cryptocurrency market has had a wild year. Market capitalization jumped 750% between January 2020 and February 2021 to reach an all-time high of US$1.7 trillion. In this timeframe, the price of bitcoin surged more than 600% to surpass 57,000

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7 Fintech Startups in UAE to Watch in 2021

The United Arab Emirates (UAE) is the largest fintech hub for startups in the Middle East and North Africa (MENA), housing about 50% of the region’s fintech companies. In the UAE, two leading financial free zones, Abu Dhabi Global Market

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Year End Message to Our Readers – Offline from 29th December to the 3rd January

Fintech News Middle East would like to take this opportunity to wish all our readers a very Happy New Year. We will be taking a break from the 29th December 2020 to the 3rd January 2021. Until then, you can

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Fintech Incubators and Accelerators in the Middle East

Here’s a list of Fintech Accelerators and Incubators that will help passionate entrepreneurs take their projects and ventures to the next level. (Let us know anytime if we forget any important Middle East based Fintech accelerator or incubator)

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Middle East Sees Booming Fintech Ecosystem Though Challenges Remain

Though still in early stage, the Middle East’s fintech sector is rapidly growing, fueled by a young demographic eager to adopt new digital solutions, low penetration of formal banking channels, and the region’s governments push for fintech adoption, says a

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Top 21 Upcoming Fintech Events in the Middle East in 2020

Fintech is one of the hottest industries in the Middle East and North Africa (MENA). Since 2015, a total of US$237 million has been invested in MENA’s fintech startups through 181 deals, representing 7% of the total MENA startup funding

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A Review of Fintech Developments in Dubai and Abu Dhabi in 2019

The United Arab Emirates (UAE) is the largest fintech hub in the Middle East and North Africa (MENA), being home to more than 46% of all fintech companies in the region, and attracting most of fintech investments in 2019, according

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Bahrain and UAE Leads Middle East’s Fintech Scene, Study Finds

In the Middle East, Bahrain and the United Arab Emirates (UAE) have emerged as fintech leaders, thanks to the supportive ecosystems these have managed to develop for fintech development. At the same time, their leadership positions are not guaranteed going

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