Qatar
Qatar Central Bank Grants License to 7sab Bringing Total Number of Approved Digital Payment Fintechs to 10
The Qatar Central Bank (QCB) has granted a license to 7sab, allowing the startup to provide digital payment services in the country. The move brought the number of fintech companies permitted to provide digital payment services in Qatar to ten.
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Builder.ai Raises US$250 Million Series D Led by Qatar Investment Authority
Builder.ai, a London-based AI-powered composable software platform for app development, announced that it has raised US$250 million in Series D funding round led by Qatar Investment Authority (QIA), the Qatar’s sovereign wealth fund. This brings Builder.ai’s total funds raised to
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Qatar National Fintech Strategy Seeks to Triple Number of Licensed Fintechs by 2027
Launched on 7. March by the country’s central bank, the Qatar Fintech Strategy 2023 is looking to turn the nation into a technologically advanced state and a fintech powerhouse, with the broader ambition of boosting economic growth and making Qatar
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Qatar Sees Increased Traction from International Fintech Companies
Though less developed than neighboring countries including the United Arab Emirates (UAE) and Saudi Arabia, Qatar’s fintech industry has continued to grow and attract international businesses over the past year. Owing to continuous support from regulators and several initiatives introduced
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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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Visa to Pilot Facial Biometric Payments At FIFA World Cup Qatar 2022
Visa announced that it will pilot payment innovations such as instantly-issued prepaid cards and facial biometric payments at the upcoming FIFA World Cup Qatar 2022. To this end, the company has installed 5,300 contactless-enabled payment terminals at official FIFA venues,
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Ooredoo and iPay by Vodafone Awarded Qatar’s First Digital Payment Licenses
Qatar Central Bank (QCB) has issued the country’s first digital payment licenses to Ooredoo Money and iPay by Vodafone Qatar. The announcement was made in a tweet on 30 August 2022 that said that the issuance was made “to contribute
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Direct Remittance Service From Qatar to the Philippines Through Ripplenet
QNB,one of the largest financial institution in the Middle East and Africa, has launched Direct Remittance service for money transfers from Qatar to the Philippines, which makes it the first bank in Qatar to launch the service. To provide this
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Qatar National Bank Launches WeChat Pay and Alipay+
Qatar National Bank (QNB) has announced the launch of WeChat Pay and AliPay+ to its existing broad range of payment methods accepted by its merchant network in the country. This partnership will enable QNB’s customers to complete their transactions easily,
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Robo Advisers Are on the Rise in the MENA Region
Wealth managers in the MENA region are expecting strong growth in the number of robo advisers and digital only wealth managers, new research for behavioural finance experts Oxford Risk shows. Its study with independent financial advisers and wealth managers in
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