Search Results for "fintech saudi"
Middle Eastern and African Region Sees Neobanking Sector Picking up Steam
Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role in the Middle East and Africa (MEA) region by addressing challenges in accessing traditional financial services. The Fintech Times identified
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Finshape and Arab National Bank Join Forces for Personalised Banking Solutions
Finshape, a leading fintech solutions provider, is excited to announce a strategic collaboration with Arab National Bank (anb), a major bank in Saudi Arabia. This collaboration aims to deliver customized banking experiences that cater to the unique needs of their
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Tabby Secures USD 700 Million in Debt Financing and Extends Series D Round to USD 250 Million
Tabby, a leading shopping and financial services app from Saudi Arabia, has secured up to $700 million in receivables securitization from J.P. Morgan. The deal represents the largest asset-backed facility obtained by a fintech company in the MENA region. In
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Islamic Banks in the UAE Embrace Digital Innovation
In the wake of the COVID-19 pandemic, the financial sector, including Islamic banks in the United Arab Emirates (UAE), has swiftly adopted digital innovations including artificial intelligence (AI), e-learning and blockchain. These technologies are now playing a critical role in
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Aramco and SBI Holdings Enter MoU for Digital Asset Collaboration
Aramco has entered into a Memorandum of Understanding (MoU) with SBI Holdings, a Japanese-based financial services company. The MoU outlines a potential business alliance between Aramco and SBI Holdings, aiming to explore collaboration in several key areas. These areas include digital assets,
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The Status Quo of Open Finance in the Arab World
In Arab countries, open banking is rapidly evolving into the more comprehensible model of open finance, expanding from payment accounts and related services, to a larger variety of financial services, including investments, pensions, insurance and consumer credit. With so many
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MENA’s Banking Sector Driven by AI and Digital Transformation
The banking sector in the Middle East and North Africa (MENA) is anticipated to experience significant growth, a development which will be driven by rising demand for banking services, ongoing progress of digital transformation, and the expansion of digital banking,
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6 Fast-Growing Proptech Startups in the UAE to Watch
Property technology, also referred to as proptech, has been on the rise globally for the sector’s potential to transform the real estate industry by making it more accessible, efficient and sustainable. In the Middle East, the trend is rapidly picking
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Investment Arm of King Saud University Invests into Flat6lab’s Startup Seed Fund
Riyadh Valley Company, the investment arm of King Saud University and a prominent player in the investment landscape of Saudi Arabia, is delighted to announce its strategic investment in Flat6Labs’ Startup Seed Fund. This investment marks a significant milestone in
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