Tag "Lean Technologies"
Dubai Accounting Startup Wafeq Raises $3 Million Seed Round
Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are two of
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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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Saudi Central Bank Adds 4 Open Banking Startups to Its Regulatory Sandbox
The Saudi Central Bank (SAMA) has added four open banking startups to its regulatory sandbox, bringing the number of companies currently operating under the sandbox to 27. 42 companies have been granted permits to operate under the regulatory sandbox to
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Saudi Central Bank Permits 2 New Fintech Startups to Operate Under Its Regulatory Sandbox
The Saudi Central Bank (SAMA) announced granting permit to a new batch of companies; “Lean Technologies” and “Mod5r” to provide Open Banking Solutions; bringing the total number of permitted Fintech companies operating under its Regulatory Sandbox to 38. This step
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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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