Tag "Tarabut Gateway"
Tarabut Gateway Raises US$32 Million to Expand in Saudi Arabia
Tarabut Gateway announced the completion of a US$32 million Series A fundraise. The funding round was led by Pinnacle Capital with the participation of Aljazira Capital, Visa, Tiger Global and other existing investors. The proceeds raised bolster Tarabut Gateway‘s footprint
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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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Tarabut Gateway Becomes First Regulated Open Banking Platform in the UAE
Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre
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These 4 Startups Are Powering Open Banking in the Middle East
Open banking is one of the top fintech trends to have swept the Middle East. The opportunity for open banking in the Middle East is in integrating financial services with technology in a region that boasts some of the highest
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Tiger Global Leads US$12m Series A for Tarabut Gateway
Dubai-headquartered open banking startup Tarabut Gateway has raised US$12 million in a pre-Series A fundraise, the company announced in a statement today. The round was led by Tiger Global. It was joined by new backers Dubai International Fintech Fund, an
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Open Banking Platform Tarabut Gateway Bags $13 Million in Seed Funding
Bahrain-based open banking platform Tarabut Gateway has secured $13 million during a seed funding round. The announcement follows Tarabut Gateway’s recent expansion into the UAE in October 2020. Tarabut Gateway, which has offices in Abu Dhabi, Dubai, London and Manama,
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Open Banking Platform Tarabut Launches in Abu Dhabi and Dubai
Bahrain-based Tarabut Gateway has expanded to the United Arab Emirates with the launch of its open banking platform in the country. The company has simultaneously opened two new offices at Abu Dhabi’s global tech ecosystem, Hub71 and Dubai’s DIFC FinTech
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National Bank of Bahrain Embraces Open Banking
National Bank of Bahrain (NBB) announced that they have started enabling open banking services to its customers. This service enables account holders to share their account information and payment history externally with other banks and with licensed third parties. NBB’s
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First Bahrain Regulatory Sandbox Stage Alumni
The Central Bank of Bahrain (CBB) announced that Tarabut Gateway, a subsidiary of Almoayed Technologies is the first company to successfully complete the Regulatory Sandbox stage and to receive the CBB’s in-principle confirmation under the Open Banking regulatory framework. The
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