Qatar
Spendwisor Raised Additional 35 Million USD
The recent agreement signed between Spendwisor Inc. and Gem Global Yield LLC SCS (GEM) to increase the existing facility size from QAR 190 million ($50m USD+) to QAR 310 million (USD 85m) is a testament to the positive progress Spendwisor
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Qatar FinTech Hub Reveals Third Cohort for Incubator, Accelerator
Qatar FinTech Hub (QFTH) has announced the list of 16 fintechs joining Wave 3 of its incubator and accelerator programmes. Founded by the Qatar Development Bank (QDB), the QFTH runs an incubator and an accelerator to encourage fintech innovation in
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The State of Fintech in Qatar: Report
Local authorities are looking to boost the competitiveness of fintech in Qatar, regionally and globally, according to a new whitepaper by Qatar Fintech Hub. The country currently has 17 banks – 5 conventional, 4 Islamic, 7 foreign bank branches, and
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QPS Global to Pour Us$10 Million Into Middle East Expansion
US Fintech company QPS Global will be expanding its operations in the Middle East, the company has announced. To this end, the company will be making an investment of US$10 million in the region over the next 6-12 months. The
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ZurichPro Expands Digital Capabilities With 360F
Zurich International Life announced that it has expanded ZurichPro’s digital capabilities in partnership with Singapore-headquartered automated advisory fintech 360F.The move will especially service in-force policies, reviewing their sustainability with re-illustration functionalities. 360F’s modern pricing engine, built for the initial launch
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Switzerland’s Aspirations and Fortification of Ties With Qatar
Two years after Qatar gained independence in 1971, the Federal Council of Qatar first established diplomatic relations with Switzerland. This culminated in the establishment of the Qatar embassy in Bern in 2012. Shortly after, the Swiss embassy in Doha was
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Digital Wallet Spendwisor Secures US$50 Million From GEM Global Yield
Spendwisor, A US-based mobile payment app with branches in Qatar and the UK, announced a QAR 190 million (US$50 million) investment commitment from GEM Global Yield, which is a US$3.4 billion Luxembourg-based private alternative investment group. The firm aims to
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Qatar and Malaysia’s Labuan Financial Centers Ink MoU to Strengthen Ties
The Qatar Financial Center Authority (QFC Authority) has signed a Memorandum of Understanding (MoU) with Malaysia’s Labuan International Business and Financial Center (IBFC). The MoU aims to develop long term cooperation and boost economic and financial sector ties between the
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Qatar Fintech Hub’s Incubator and Accelerator Announces Shortlisted Startups
The Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) has announced the final list of successful fintechs set to join Wave-1 of its incubator and accelerator programmes. Both programmes are set to start on October 14 and will
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Swiss Fintech Startup Instimatch Global Launches in Qatar
Instimatch Global, the money markets fintech network, has entered the Gulf market, partnering with a leading Qatari institution and a group of local partners to establish a joint venture. It has already secured a range of leading banks as new
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