Neopay, originally established as a strategic division within Mashreq, has expanded rapidly, becoming a key player in the UAE’s digital payments sector
The world’s largest technology exhibition, GITEX GLOBAL, returns for its 44th edition, bringing together tech innovators, start-ups, and investors from across the globe
The co-founder and CEO of the MENA region’s leading shopping and financial services app, talks about the company’s presence at the debut edition of 24 Fintech in Riyadh, fintech trends and IPO plans
To mark the fintech sector’s growing importance and in line with Saudi Arabia’s Vision 2030, the inaugural 24 Fintech 2024 event is set to take place from September 3-5
The region’s fintech sector is rapidly transforming, driven by strong investments, supportive regulations, and visionary initiatives like Saudi Arabia’s Vision 2030. As the sector grows, industry leaders share their insights on what lies ahead
Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT
Siobhan Byron, EVP Universal Banking at Finastra, highlights the role of open ecosystems, cloud, SaaS, and AI in accelerating innovation
The tech giant said its new solution will enable it to bring flexible payments to more users, in more places across the globe
The digital bank and MANTRA will develop frameworks for RWA tokenisation that comply with regulations set by the Dubai’s VARA
Crypto Oasis said the 13.3 per cent year-on-year increase reflected the overall growth of the industry in the UAE
Jason Hughes, senior executive officer of eToro Middle East tells us that Abu Dhabi offers a supportive business ecosystem and a fertile investment landscape that drives growth
PayBy has witnessed a 75 per cent increase in the number of transactions quarter-on-quarter across its fintech offerings
The fintech firm said its expansion into Jordan is at an advanced preparation stage
The accelerator programme is accepting applications from September 6 to October 10 this year
Tawasal is a secure multi-purpose messenger and super app, which offers free calls, chats, video conferencing and lifestyle services
We shine the spotlight on some of the region’s most prominent startups
Signing of the definitive investment agreements is expected to occur in the very near term, said MTN chief executive officer Ralph Mupita
The round brings total funding to over $335m since inception across equity and debt
The MoU strengthens VARA’s aim to achieve full transparency and market conduct adherence across virtual asset service providers licenced to operate in Dubai
The deal will see HSBC make a $35m investment into Tradeshift in two stages and also join its board
We facilitate effective goal planning and provide a user-friendly experience to help individuals achieve their financial objectives
Financial services embedded into existing business models are no longer optional, but necessary
The financing round for Tabby was led by US-based Partners for Growth, Atalaya Capital Management and CoVenture
Coinbase has been navigating a market downturn and a difficult US regulatory environment
VARA has come out with detailed regulations and rulebooks for the virtual assets sector, indicating just how fast things are moving
In the early years of the digital era, building was the only option, but today the region is strewn with fintechs
The facility will help finance the growing demand for bringing the buy now, pay later products in the GCC while continuing its growth across new verticals
The partnership will make micro-loans easily accessible, resulting in more favourable loan arrangements for both fintechs and customers
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
As we look towards 2023, several key trends are set to redefine the fintech space