#Fintech

Join our fintech, finance and investment panel on November 27

Join our fintech, finance and investment panel on November 27

From digital transformation to innovative investment platforms, join industry leaders for insightful discussions at the upcoming panel event

Joel van Dusen on how Mashreq is driving innovation in banking

Joel van Dusen on how Mashreq is driving innovation in banking

The group head of Corporate & Investment Banking at Mashreq says that incumbents now view fintechs as partners rather than competitors

Botim Transforms Remittances with MENA’s First-Ever 'Send Now, Pay Later' Service

Botim unveils region’s first ‘Send Now, Pay Later’ remittance service

Catering primarily to the UAE’s large expatriate population, the SNPL feature offers financial flexibility, allowing users to send money abroad and pay in installments

Paymob secures $22m extension to Series B funding, raises $72m in total

Paymob secures $22m extension to Series B funding, raises $72m in total

The additional funding will further boost Paymob’s efforts to expand its regional footprint and reinforce its position as a leading payments provider in the region

Rorix Holdings' Finstreet unveils regulated digital trading platform at ADGM

Rorix Holdings’ Finstreet unveils regulated digital trading platform at ADGM

Finstreet’s subsidiaries – Finstreet Global Market, Finstreet Global Clearing and Settlement, and Finstreet Capital – have received financial services permissions from ADGM’s FSRA

Inaugural 24 Fintech - mozn

Mozn: Pioneering AI solutions in fintech, fraud prevention, and compliance

Mozn is making waves in the global fintech landscape with its cutting-edge platform, FOCAL as the company showcases its latest innovations at the 24 Fintech event in Riyadh

Here are all the key partners & sponsors at 24 Fintech 2024

Here are all the key partners & sponsors at 24 Fintech 2024

24 Fintech aims to be the premier fintech event, platform, and community in Asia, Europe, and the MENA region

24 Fintech: Don’t miss these 3 industry leaders in Riyadh

24 Fintech: Don’t miss these 3 industry leaders in Riyadh

The flagship fintech event is expected to attract over 26,000 attendees, 300 exhibitors, and 200 investors

How Saudi fintech firms are fueling economic development

24 Fintech: The role of Saudi fintech firms in economic development

Fintech remains one of the most popular sectors for venture capital investments in terms of deal volume

Fintech Surge

A sneak peek at the keynote speakers of 24 Fintech 2024

The 24 Fintech Summit promises to be a landmark event for Saudi Arabia as well as the GCC region, offering attendees a comprehensive view of the trends, challenges, and opportunities set to shape the industry in the coming years

FIntech revolution GettyImages-852000488

Industry insights: How Saudi Arabia’s fintech scene is evolving

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

Finastra's Siobhan Byron on addressing financial inclusion, agility

Finastra’s Siobhan Byron on addressing financial inclusion, agility

Siobhan Byron, EVP Universal Banking at Finastra, highlights the role of open ecosystems, cloud, SaaS, and AI in accelerating innovation

Tony Hallside, CEO of STP Partners

SME story: How STP Partners leverages tech in its financial solutions

Tony Hallside, CEO of STP Partners, a full-service DIFC-based prime broker, discusses the firm’s innovative prime brokerage services, strategic successes, and future plans in the dynamic financial landscape

UAE reportedly considering 10-year golden business licences

UAE: New guidelines for public-private partnerships, Sandbox Conditions regulation

The PPP Manual and the Sandbox Conditions regulation are crucial steps in the UAE’s strategy to build the country’s business ecosystem

Careem app

Payrails and Careem: Strategic partnership to upgrade payment integration in MENA

By leveraging Payrails’ platform, Careem can route payments along the most strategic paths, driving higher payment conversions and simplifying the checkout experience for its customers

Egyptian fintech Sahl successfully raises $6m in Series A round

Egyptian fintech Sahl successfully raises $6m in Series A round

Sahl’s strategic vision is to dominate Egypt’s EGP2.5tn digital payments sector by capturing a significant portion of collections for utility companies, a segment worth EGP250bn annually

Zand Bank, MANTRA partner to streamline real-world asset tokenisation

The digital bank and MANTRA will develop frameworks for RWA tokenisation that comply with regulations set by the Dubai’s VARA

Rasan’s $224m IPO draws orders worth $19bn

Saudi fintech firm Rasan’s $224m IPO oversubscribed 129.1 times

The company priced its IPO at the top of the previously announced range, selling its shares at SAR37 per share apiece to raise SAR841m

GB business breakfast - tech trends - panel event

GB Panel Event: Tech trends impacting business and real estate

Gulf Business will host a technology-themed panel discussion on June 12 to discuss the latest trends impacting the worlds of finance, banking, real estate, construction and more

Mastercard

How Mastercard is driving financial inclusion in the Middle East

Mastercard’s chief operating officer for EEMEA region Khalid Elgibali tells us about how his company is innovating when it comes to cross-border and digital payments

Saudi Arabia’s Rasan to divest 30% stake via IPO

Saudi Arabia’s Rasan to lists 30% stake on local bourse

The fintech firm is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital

banking

Revolutionising banking-as-a-service: BKN301 on bridging financial markets across Europe and MENA

Stiven Muccioli’s insights shed light on BKN301’s mission to revolutionise banking services, underscoring the importance of innovation, adaptability, and cybersecurity in the ever-evolving fintech landscape

Moove raises USD100m in series b round Image Moove

Moove raises $100m in Series B round: Mubadala, Uber invest

The funding comes after a year of significant growth for Moove that saw the company increase its annual recurring revenue to more than $115m

BNPL startup Tamara raises $340m, now valued at $1bn

BNPL startup Tamara now valued at $1bn after raising $340m

With this transaction, the BNPL platform will have raised a total of $500m in equity funding, and well above $400m in debt financing

MASTERCARD

Interview: Mastercard’s Andrea Prazakova on navigating the sustainability transition

Mastercard’s position at the critical juncture of finance and sustainability allows it to influence the transition to net zero

Binance CEO Changpeng Zhao pleads-guilty-ot-money-laundering-charges-GettyImages 1239957173.jpg

Binance CEO Zhao quits, pleads guilty to money laundering

Zhao, who was born in China and moved to Canada at the age of 12, pleaded guilty in a Seattle court on Tuesday afternoon

blockchain

Cover story: Pioneering proptech: Transforming real estate through blockchain

Robin Ubaghs, co-founder of Propchain and the Welfare Group shares how his ventures are using blockchain technology to transform the real estate industry

Botim hits Dhs1.3bn transactions in 4 months

Astra Tech’s Botim exceeds Dhs1.3bn transactions in 4 months

PayBy has witnessed a 75 per cent increase in the number of transactions quarter-on-quarter across its fintech offerings

EFG Holding’s Valu to launch in Jordan in early 2024

EFG Holding’s Valu to launch in Jordan in early 2024

The fintech firm said its expansion into Jordan is at an advanced preparation stage

Egypt credit sector

Egypt: Driving financial independence

As the first licensee of consumer finance in Egypt, Contact has played a pivotal role in growing the non-bank credit sector