omnispay, a UAE-based fintech focused on SME payments, has raised US$1.5 million in a seed funding round led…

Palm Ventures, a VC firm based in Riyadh, has announced the initial close of Palm Ventures Fund I,…

Mashreq, a financial institution based in the UAE, has launched Mashreq Biz, a new online and mobile business…

RAKBANK, based in UAE, has entered a strategic partnership with Türkiye-based Faturalab, a provider of smart supply chain…

e& enterprise, the digital transformation arm of e& ( formerly Etisalat), has entered a three-year collaboration with PayPal…

Indina Payments company Cashfree, which processes US$80 billion in transactions annually, has raised US$53 million in funding. A…

Visa has signed a MoU with Abu Dhabi Islamic Bank (ADIB) to strengthen cybersecurity in digital payments. The…

IBM and Alinma Bank have announced that Alinma Bank, a financial institution in Saudi Arabia, has adopted IBM’s…

Dubai International Financial Centre (DIFC) reported record financial results for 2024 as it marked 20 years since its…

MongoDB, a US-based database company, has announced plans to expand its presence in the Middle East following five…

In Saudi Arabia, generative artificial intelligence (genAI) has the potential to elevate the country’s gross domestic product (GDP)…

Dubai International Financial Centre (DIFC) has introduced a new API solution that allows third parties to access data…

Fintech funding in Saudi Arabia saw a significant drop of 74% year-over-year (YoY) in 2024, totaling US$182 million,…

Careem Pay, the fintech arm of the Careem Everything App, has expanded its international remittance service by introducing…

Tokinvest, a Dubai-based marketplace for real-world asset tokenisation, and HKVAX, a Hong Kong-based virtual asset trading platform, have…

Dubai Islamic Bank (DIB) has partnered with Qatar Airways Privilege Club, allowing customers to convert their Wala’a Rewards…

Paymentology, a global issuer processor based in the UK, has partnered with Mamo, a financial technology company based…

Checkout.com is expanding its partnership with Visa to introduce the Visa Direct Push-to-Card solution for both domestic and…

Mashreq, a financial institution in the MENA region, has partnered with NEO PAY, a digital payments provider in…

The Saudi Central Bank (SAMA) has granted approval to four new fintech startups to participate in its Regulatory…

On the sidelines of LEAP 2025, Microsoft Arabia and the National IT Academy (NITA) have announced the establishment…

Salesforce has announced a US$500 million investment in Saudi Arabia to support innovation and economic growth. The funding…

RasMal, a cap table management and investment governance platform in the MENA region, has closed its Pre-Series A…

Tabby, a Riyadh-based financial services and shopping app, has secured US$160 million in a Series E funding round,…