#Fintech

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks at the IFGS 2023 summit at the Guildhall in London, UK, on Tuesday, April 18, 2023. Innovate Finance's Global Summit -- part of U.K. Fintech Week -- runs until Tuesday.

Crypto exchange Coinbase weighs UAE as potential international hub

Coinbase has been navigating a market downturn and a difficult US regulatory environment

DIFC innovation Hub AECB sign agreement to support fintechs

DIFC Innovation Hub, AECB to empower fintech startups in the UAE

The bureau will enable the DIFC Innovation Hub community to tap into new data sets to boost fintech development in the UAE market

Dubai_Mohammad AlBlooshi - Head of DIFC Innovation Hub and FinTech Hive 2023 DFS

Dubai is bolstering its global fintech hub status. Here’s how

The DIFC Innovation Hub has launched wide-ranging initiatives designed to nurture entrepreneurship and support startups

Regional banks

Should regional banks buy or build their innovations?

In the early years of the digital era, building was the only option, but today the region is strewn with fintechs

DIFC unveils DIFC Launchpad

Dubai financial hub launches venture building platform ‘DIFC Launchpad’

The programme supports efforts to realise the financial centre’s 2030 strategy to catalyse economic growth

Dubai’s DIFC registers highest revenue in history

Dubai’s DIFC registers highest ever revenue in 2022

The financial centre registered the highest number of new firms – totalling 1,084 – last year

Tarabut

Tarabut Gateway partners with Saudi’s micro-lending firm Tamam

The partnership will make micro-loans easily accessible, resulting in more favourable loan arrangements for both fintechs and customers

Gameball

Adtech platform Gameball raises $3.5m for international expansion

Founded by Egyptian entrepreneurs, the platform enables omnichannel retailers to have a 360–degree view across all customer touchpoints

fintechs UAE

Fringe to forward: Charting fintech’s journey in the UAE 

Initiatives launched by the government to support crypto and metaverse firms have created strong incentives for fintech companies to invest and grow in the country

Fintech

Fintech 2023: The year of digital transformation

As we look towards 2023, several key trends are set to redefine the fintech space

Savii

Women in tech: Jane Harvey, co-founder and CEO at Savii

Young girls need role models and as women operating in this space, it is incumbent to show that there is a seat for females at the table

Dubai Chambers WAM

Dubai Chamber of Commerce sets up Fintech & Payments Business Group

Dubai Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023

ThetaRay

Dubai-based Now Money appoints ThetaRay to ward off financial crimes

The agreement highlights ThetaRay’s expansion into GCC financial institutions

Fintech PayTabs acquires Turkey’s social commerce platform, Paymes

The acquisition aims to create a unified social commerce platform for micro merchants, fempreneurs and webpreneurs across the MENA region

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

DIFC’s fintech accelerator programme has attracted more than 3,000 applications from all over the world

Ajman

Ajman Bank signs strategic partnership with KMMRCE Pay

The partnership equips Ajman Bank with the technology to accelerate its digital transformation and enrich its client offering by adding new payment services

Virtual assets Emmanuel Givanakis CEO of ADGM Financial Services Regulatory Authority

Insights: Decoding the virtual asset landscape

The establishment of digital asset and virtual asset regulatory frameworks has placed Abu Dhabi, on the map as a regional and global virtual assets trading centre

Qashio

UAE-based fintech Qashio raises $10m in a seed round

The company’s virtual and physical cards combined with its software allow businesses to manage their spending in a more automated and transparent way

Here’s how fintech helps businesses control their expenses and manage financial operations

Remo Giovanni Abbondandolo, VP of Commercial – MENA at Checkout.com explains how the company is helping firms optimise existing payment methods

Baraka

UAE fintech baraka raises $20m Series A funding round

The company marks the first regional investment for Valar, a venture capital firm backed by entrepreneur Peter Thiel

FOO

FOO, Network International partner to enhance digital experiences in the Middle East and Africa

The collaboration will deliver a comprehensive digital wallet solution designed to boost customer-centricity

Dubai's DFSA partners with Thai Securities and Exchange Commission

Dubai’s DFSA partners with Thai Securities and Exchange Commission

The agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets

UAE Payments

UAE payments revenue expected to reach $18.7bn by 2031 – report

The compound annual growth rate of the UAE’s overall payments revenue is forecasted to be at 7.7 per cent from 2021 – 2031, while the region is expected to grow by 9.3 per cent within the same period

Patricia Keating and Dr Antoine Khadige

Writing the next chapter in the region’s fintech success story

Greater private sector involvement is imperative if fintech is to grow and become stronger

Geidea

Fintech firm Geidea launches integrated point-of-sales solutions in the UAE

The UAE launch is expected to be followed up by further rollouts to other markets including Saudi Arabia and Egypt

Fintech Surge

Top firms to watch out for at Dubai’s Fintech Surge 2022

The second edition of the event will host insurtech and payments innovators

IG Group appoints Sharaz Hussain to senior executive officer role

IG Group appoints Sharaz Hussain to senior executive officer role

Prior to that, he held senior finance executive positions at several institutions including ICAP, MF Global, Credit Suisse and JP Morgan

amana_CEO_Muhammad Rasoul

Neo broker amana launches trading app, offers access to regional and global markets

The platform offers stocks, commodities, ETFs, currencies and crypto among other assets through the app

Tintra

Tintra secures fintech services licence to operate in Qatar

Tintra is using artificial intelligence and Web3 technologies to build a global, borderless banking infrastructure

Bahrain's Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

Bahrain’s Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

The studio aims to create new highly skilled jobs in Bahrain for both local and international talent, on both its core team and at the startups it helps to launch