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…

Singapore-based Orbit Startups, and Riyadh-based Sanabil Investments have launched the Sanabil Accelerator by Orbit, a program aimed at…

Hong Kong-based HashKey Group announced that its subsidiary, HashKey MENA FZE, has received In-Principle Approval (IPA) from the…

Mashreq Bank has completed the sale of a majority stake in NEOPAY, a UAE digital payments company. The…

EC Markets, a global leader in CFD trading, is set to make an important contribution at the upcoming…

Global payment solutions provider, Checkout.com, headquartered in London, has partnered with Dubai-based payment gateway and financial service provider,…

Abu Dhabi Islamic Bank’s (ADIB) innovation arm, ADIB Ventures, partnered with the DIFC Innovation Hub to launch the…

Riyadh-based Zension Technologies has raised US$30 million in a Series A funding round led by Wa’ed Ventures, the…

Zand, UAE’s digital bank, has partnered with Klickl International, a UAE-based Web3 Open Finance platform. Together, they aim…

Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed…

Purpl announced its partnership with Careem Pay to provide instant, and cost-effective money transfer solutions for the Lebanese…

Qi Card, a part of Iraq’s fintech sector, together with Ant International have launched their latest third-generation app,…

ADGM has announced an updated fee schedule for obtaining and renewing an ADGM commercial licence.  Effective from January…

Abu Dhabi Finance Week (ADFW) 2024 wrapped up on 12 December after a successful week of events, drawing…

Saudi Arabia’s fintech sector has witnessed remarkable growth over the past years. In early 2024, the number of…