It will soon issue Careem cards that can be used at ATMs and merchants, and will also introduce international remittance solutions
This licence marks the first time the DFSA has authorised a firm to provide account information services and payment initiation services activities
The company estimates that around 20 million people across Egypt could benefit from early wage access
The project will entail developing a analytics model that will collect historical market data on Dubai’s residential market dating back over 10 years
The two companies will coordinate and collaborate on finding, backing and mentoring founders as they launch and grow their ethically-focused startups
The simplified fee structure aims to help customers feel more comfortable and confident placing their first trade in the crypto world
With a growing startup ecosystem and tech-driven individuals, the Middle East region is on the verge of becoming a global fintech leader, says Jeetu Kataria, co-founder and CEO at DIFX
Fintech companies are uniquely positioned to fill the gap and help SMEs get access to flexible injections of liquidity
The partnership will explore deep-tech solutions to challenges facing the financial services sector
ADGM’s hackathon is seeing participants explore innovative ideas around themes of ESG, embedded finance and decentralised finance
Shuaa joins existing investors Riyad Capital and UK comparison website GoCompare
Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider
Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector
Our forward-thinking approach and business platforms are on the verge of disrupting the status quo for entrepreneurs, says Mohammed Al-Rashidi, executive chairman, One Global
The partnership aims to maximise the safety, security and convenience of e-commerce, online banking and contactless transactions
With the signing of this partnership agreement, both the companies aim to play a key role in supporting the growth of the fintech ecosystem in the region
Moving towards more homogenised regional frameworks can catalyse a wave of new fintechs to scale globally, opines Oliver Obitayo, CEO of IDnow Middle East
Lind joins 179 ambassadors from 86 jurisdictions in six continents that make up a select group of leaders in technology, government, and academia
Tarabut Gateway’s 2022 MENA Open Banking Spotlight explores how regulation, implementation and adoption are enabling a new era of financial services across the region
The strategic partnership will support Postpay on several fronts, including transaction banking, debt funding and e-commerce solutions
The fund will target businesses with a focus on fintech, AI, life sciences, consumer internet and B2B sectors
Sequoia is deepening its presence in the Middle East after recently backing companies from Turkey to Egypt
The launch of PayBy payment solutions on online travel platform Asfartrip is a step towards making cashless travel more inclusive
The secure platform will be used across hospitality and tourism establishments
FTFTX collects global currency and market data, directly linking markets and exchanges and making the data available to users 24 hours a day
Dubai Bank, acquired from Emirates NBD, will be relaunched as Zand
The UAE has intensified its push to adopt the use of blockchain in recent years
Dubai is reportedly being regarded as an option for the company’s global headquarters
The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom
It will allow these startups to accept payments online, payout funds, and manage their business growth