Search Results for "fintech saudi"
Singapore and MENA Companies Tap Bilateral Business Opportunities
Technology startups and investors from Singapore and Middle East and North Africa (MENA) nations are pursuing bilateral business opportunities and strengthening their ties through partnerships and financial participation. A new analysis by Magnitt, a startup data platform focusing on the
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Future Bahrain: Beyon Announces 250m USD Digital Infrastructure Investment
Beyon has announced a major investment of more than USD 250M in state-of-the-art digital infrastructure helping to support the acceleration of Bahrain’s digital transformation and the growth of the country’s digital economy, in a press conference attended by Beyon Chairman
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Major Trends Driving Transformation in the Middle East’s Digital Payment Landscape
In the Middle East, the digital payment landscape is changing at a rapid pace, shaped by the advent of instant payments, booming adoption of new payment methods and the rise of online retail, a new whitepaper produced by Euromonitor International
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Middle East and Africa Region Becomes Hotbed for Super-App Development
Across the Middle East and Africa (MEA) region, a range of digital offerings are emerging and growing rapidly, striving to tap into the growth of Internet and smartphone penetration, the shift to digital channels and the rise of e-commerce to
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UAE Rolls Out Digital Dirham Project, First Phase to End by Mid-2024
The Central Bank of UAE (CBUAE) has engaged G42 Cloud and enterprise blockchain firm R3 as the infrastructure and technology providers respectively for its Central Bank Digital Currency (CBDC) implementation. The regulator indicated its readiness to embark on this venture
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MENA Open Banking Pioneer Bahrain Moves Towards Open Finance
In the Middle East and North Africa (MENA) region, Bahrain is the undeniable leader when it comes to open banking, a position the country earned thanks to its financial regulator’s proactiveness in introducing formal regulations and implementing technical standards. Now,
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50% Of Employees in the UAE Fear Losing Their Jobs to AI
AI use is on the rise, which poses a risk to the existence of many jobs across regions. Recently the ChatGPT bot was made available to the public – it can maintain a coherent conversation, explain complex scientific concepts, artistically
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Mastercard Partners With EazyPay in Bahrain
Mastercard has partnered with Bahrain’s fintech and payment service provider Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS). MPGS is a trusted platform that provides financial institutions with a white-label technology for payment
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Dubai Accounting Startup Wafeq Raises $3 Million Seed Round
Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are two of
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Temenos Partners With NdcTech to Expand Its Market Reach in the Gulf Region
Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners. This will allow NdcTech to further develop and market the
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