Tag "mastercard"
Report Details 11 Fintech Regulatory Sandboxes in MENA in 2022
The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of open banking and embedded finance in the Middle East and North Africa. The report found that regulators in the region have been
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Pyypl Raises US$20M Series B Investment To Expand in MENA
UAE digital wallet startup Pyypl has closed a US$20 million Series B funding round from a group of new and existing investors, and says that it is considering opening a second tranche for further investment. Founded in 2017, Pyypl is
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Gulf Bank of Kuwait and Mastercard Enable Online Checkouts With Click to Pay
The Gulf Bank of Kuwait (GBK) and Mastercard have partnered to enable local merchants to utilise Click to Pay, a payment method that allows online shoppers to checkout without entering their card information and password. The new embedded checkout experience,
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Mastercard and BitOasis Partner to Enable Crypto Card Payments in the Middle East
UAE cryptocurrency platform BitOasis and Mastercard have launched a crypto card programme to facilitate day-to-day usage of cryptocurrencies at points of sale and across e-commerce platforms. The partnership enables BitOasis to issue virtual and physical cards that allow customers to
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Kuwait Finance House Launches Its Digital Wealth Management Platform in Bahrain
Kuwait Finance House (KFH) – Bahrain has launched KFHB Wealth, its digital wealth management platform to streamline the investment and banking experience for the bank’s high net worth clients. The new platform, accessible on mobile and web, allows KFH Bahrain
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Jordan Kuwait Bank Joins Mastercard’s Accelerator to Support Fintech Startups
Jordan Kuwait Bank (JKB) has joined Mastercard’s fintech startup accelerator Mastercard Fintech Express as a global partner — the first bank in Jordan to do so. The programme, which is part of the Mastercard Accelerate initiative, helps startups obtain a
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Mastercard Invests in Egyptian VC Firm Nclude
Mastercard has invested in Nclude, a fintech-focused VC investment platform launched in partnership with Egyptian banks Banque Misr, Banque Du Caire and the National Bank of Egypt. Founded in 2022, the company has received US$100 million in funding from the
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Top 8 MENA Fintech Funding Rounds With Corporate VC Investment in H1 2022
Corporate venture capital (CVC) deals declined on the whole in terms of number and volume in the first half of 2022, though the average deal size increased to US$35 million in the second quarter of the year. This is according
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Dubai’s noqodi Partners With Mastercard to Enable Contactless Payments
Dubai-based payments company noqodi has partnered with Mastercard to allow consumers and businesses to make and accept contactless payments. The partnership will see the integration of noqodi’s payments solutions with Mastercard Payment Gateway Services to allow customers to tap their
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New Payments Index 2022: UAE Consumers Embrace Digital Payments
Adoption of a broader range of digital payment methods is accelerating in the UAE and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022. In addition to being aware of solutions like
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