The bank is tracking the development of banks and fintechs to ensure their readiness to launch open banking services in Q1 2023
Dubai Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023
The agreement highlights ThetaRay’s expansion into GCC financial institutions
The acquisition aims to create a unified social commerce platform for micro merchants, fempreneurs and webpreneurs across the MENA region
Moove, which was founded in Nigeria and provides revenue-based vehicle financing has scaled up to 13 markets in 2022
The partnership equips Ajman Bank with the technology to accelerate its digital transformation and enrich its client offering by adding new payment services
The company’s virtual and physical cards combined with its software allow businesses to manage their spending in a more automated and transparent way
Remo Giovanni Abbondandolo, VP of Commercial – MENA at Checkout.com explains how the company is helping firms optimise existing payment methods
The company marks the first regional investment for Valar, a venture capital firm backed by entrepreneur Peter Thiel
The collaboration will deliver a comprehensive digital wallet solution designed to boost customer-centricity
The event aims to connect global fintech innovators with enterprises, investors, policymakers, government authorities and collaborators
The awards attracted the top technology brands highlighting strong vision, creative projects, dynamic leadership and solid regional presence
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
The UAE launch is expected to be followed up by further rollouts to other markets including Saudi Arabia and Egypt
The second edition of the event will host insurtech and payments innovators
Abu Dhabi Finance Week, which is set to run between November 14-18, will bring together global market leaders in financial technology, asset management and capital markets
Prior to that, he held senior finance executive positions at several institutions including ICAP, MF Global, Credit Suisse and JP Morgan
The platform offers stocks, commodities, ETFs, currencies and crypto among other assets through the app
Tintra is using artificial intelligence and Web3 technologies to build a global, borderless banking infrastructure
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
Fintech company Direct Debit System, launched the platform to facilitate recurring payments such as school fees, rent and subscription services
The company successfully raised $9m during a seed round from prominent investors
Financial services revenues in Ghana and francophone West Africa will enjoy the fastest growth, with Nigeria and Egypt the next quickest
Zywa is reimagining financial services for Gen Z through gamified learning and community building
Both the organisations will work together to help companies issue scheme-enabled prepaid cards by reducing cost to launch and time to market
Emirates Post Group will join DIFC FinTech Hive’s accelerator programme as the logistics partner
Banking-as-a-service is a revolution that combines the power of banks with the reach and customer loyalty of well known brands
Following Tabby’s Series B extension earlier this year, the fintech’s total capital raised to date amounts to $275m
Significant numbers of employees are moving from tech firms like Amazon.com and Microsoft to fintech companies
The Middle East has seen an influx of fintech startups, new funding and increased support for existing and new ventures