Tag "BitOasis"

6 Biggest Fintech Funding Rounds in the MENA Region in 2021

Fintech funding is at an all-time high in the MENA region. This year, investors have ploughed much needed investment monies into fintech startups in the MENA region, with fintech claiming one in every four deals in the region went to

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7 Middle East Crypto Exchanges That Support Local Currencies

Last month marked 13 years since Satoshi Nakamoto’s Bitcoin white paper was first released. In these 13 years, concerns around crypto have persisted — over its volatility, decentralisation and legitimacy. However, through crashes and bull runs, these unregulated currencies have

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12 Fintech Startup Founders in the Middle East That Are Making Waves

There’s a lot of buzz doing the rounds for fintech startups in the Middle East, but not too much is known about the faces behind these companies – fintech startup founders. Founders and founding teams are often the make-or-break of

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Crypto Platform BitOasis Fetches US$30m Series B for MENA Expansion

UAE-headquartered digital asset trading platform BitOasis has closed its Series B fundraise at US$30 million, the company said in a statement. Chicago-based VC firm Jump Capital and UAE-based existing backer Wamda Capital co-led the round. It also featured new participating

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Dubai Crypto Firm BitOasis Secures Regulatory Approvals from ADGM

BitOasis, a digital asset trading exchange and platform in Dubai, announced that it has been granted a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The firm said that it

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Only 14 Fintechs Made the Cut to World Economic Forum’s Top 100 Arab Startups List

Entrepreneurship is booming across the Middle East and North Africa (MENA) with startups in the region raising an astonishing US$900 million through 386 deals in 2018, an increase of 31% compared to the previous year. This is according to the

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5 Blockchain Startups in the UAE to Watch Closely

The United Arab Emirates (UAE) is making strides to become a leader in blockchain technology enriching the blockchain UAE scene with vibrant projects. The Dubai government is currently working with 20 blockchain projects and has made partnerships with IBM and

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