Rasmal Ventures, Qatar’s first independent VC firm, established in 2023, has secured funding from the Qatar Investment Authority…

Meta announced the expansion of its AI assistant, Meta AI, to the MENA region. The tool is gradually…

Egypt-based fintech company Khazna has secured US$16 million in a pre-Series B funding round to support its growth,…

Fimple, a provider of composable and cloud-native core banking solutions based in Turkey, has successfully secured US$12 million…

Eastnets has introduced its Managed SWIFT Service on AWS Cloud, offering a solution to key challenges such as…

The United Arab Emirates (UAE) has established itself as a major hub for fintech in the Middle East…

Lendo, a debt crowdfunding platform in Saudi Arabia, has secured a US$690 million (SAR 2.6 billion) warehouse facility…

The Saudi Central Bank (SAMA) has granted STC Bank,  a licensed digital bank, approval to commence its banking…

Paymob has announced a strategic partnership with Woo (formerly WooCommerce), the open-source e-commerce platform, becoming Woo’s first preferred…

Careem Pay, the fintech and payments arm of Careem, now offers exclusive exchange rates and zero fees on…

As the ADGM ecosystem has developed over the past nine years, so has the digitisation of finance globally.…

Arab Financial Services (AFS), a digital payment solutions company in the Middle East and Africa, has announced its…

Trust Smart Solutions, a provider of payment solutions in the MENA region, has formed a strategic alliance with…

Egypt, through its Ministry of Finance, has secured a US$2 billion syndicated loan with Emirates NBD Capital and…

US-based VC firm, 500 Global has announced the launch of 500 MENA, a new fund dedicated to investing…

AIFT, a global cybersecurity and insurance technology company based in Hong Kong, has strengthened its commitment to the…

Saudi Arabia’s fintech assets under management (AUM) are projected to approach US$64 billion in 2024, indicating substantial growth,…

Paymob, a financial services enabler in MENA, has been granted the Retail Payment Services License by the Central…

MoneyHash, a payment orchestration platform operating in the Middle East and Africa, has raised $5.2 million in pre-A…

In 2024, the fintech industry in the United Arab Emirates (UAE) witnessed remarkable growth, driven by an increase…

Mastercard has partnered with ruya, a digital Islamic community bank in the UAE, to launch innovative debit and…

Daleel, a Bahrain-founded personalised financial marketplace, has expanded into the UAE. The UAE launch took place at Visa’s…

The Saudi Central Bank (SAMA) and Google have officially signed an agreement to launch Google Pay in Saudi…

Numou, a subsidiary of ADGM, the financial center of Abu Dhabi, has announced an expansion of its lending…