#Fintech

Checkout.com leads $110m round for Saudi fintech Tamara

The company raised $6m in seed funding at the start of this year

How banks can leverage technology to explore the digital economy

JMR Infotech’s innovation adds value to the digital transformation journey of banks and financial institutions in the Middle East and Africa region

Women’s Voice: Discussing the Covid-19 impact on gender equality

Covid-19 has disproportionately impacted jobs held by women workers

UAE’s first independent digital banking platform launched

Over 25,000 applicants pre-registered in the past two months to use the app

Open Banking: the opportunities and the risks

Strong customer authentication must be adopted to make open banking a success

Why fintech is on the brink of rapid expansion in the GCC

The GCC is catching up with developed markets in terms of financial inclusion

FlexxPay raises $3m in pre-series A round to enhance technology platform

FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month

Saudi tech startup Foodics raises $20m in Series B funding

The funding will enable the startup to grow its share in existing markets, ramp up international expansion, as well as expand its fintech offering

Bahrain’s Investcorp launches fintech investment platform

Customers can browse, assess and invest in Investcorp’s investment offerings

Digital Economy: UAE consumers to pivot away from cash – report

Young and digitally savvy populations across the Middle East and Africa region are key to long-term growth outlook

Over $1bn piled into MENA-based startups in 2020

The UAE, Egypt and Saudi Arabia accounted for 68 per cent of the total deals disclosed in 2020

Digital transformation: What are the key challenges that regional banks continue to face?

Digitisation is underway and accelerating in the Middle East – but what are the key technologies being deployed?

Shailesh Dash main

Phi Trends: The standout performers in the stock market

The 26 stocks recommended over the past five months have seen stellar returns, states entrepreneur and investor Shailesh Dash, who shares his market perspective in this monthly column

How fintech innovations are helping the unbanked across the GCC

As societies adopt more digital payment tools, it is important to bring along the 25 million locally who are still living in cash mode

Ikea to offer installment payments for in-store, online purchases in UAE

Furnishings retailer partners with Dubai-based buy-now-pay-later platform Tabby

Why Middle East investors should consider Northern Ireland’s fintech sector

The fintech sector is booming – supported in part by the Covid-19 pandemic – and Northern Ireland offers regional businesses a great platform for growth

Bahrain

First insurance platform graduates from Central Bank of Bahrain regulatory sandbox

Tasweya offers a platform for auto-reconciliation of statements of accounts

Shailesh Dash

Phi Trends: Pandemic drives fintech focus

Few investments make a more compelling case than fintech in the current economic climate, opines entrepreneur and investor Shailesh Dash

GCC leads MENA in fintech maturity: report

Abu Dhabi, Bahrain, Dubai and Riyadh named MENA’s top fintech ecosystems by Startup Genome

Preparing fintech companies for the future

Fintechs should delegate infrastructure management to the cloud and focus on business development

Abu Dhabi Israel

Abu Dhabi Global Market signs fintech agreement with Israel Securities Authority

The agreement provides a framework for information sharing, and will facilitate the movement of startups and transfer of knowledge and talent

DIFC set to grow its fintech base with new ‘Innovation Hub’

Startups benefit from access to industry experts, mentors and partner organisations

FinTech firm Ripple chooses Dubai’s DIFC for regional headquarters

Financial institutions across more than 45 countries already use RippleNet

Fintech thrives as digital transformation jolts finance sector

UAE expected to attract $2.5bn in investment into fintech by 2022

New $60m fund to invest in 120 MENA-based startups amid Covid-19 tech rally

The fund will invest in tech startups across sectors including fintech, healthtech and edutech

Dubai-based fintech Rise eases remittances with new app

Xare allows users share access to their account and credit card with friends and family

Dubai’s DIFC FinTech Hive to host new accelerator for redundant employees

ASPIRE hopes to reach 5,000 participants in the next 12 months

Open Banking set to transform finance in the GCC

Gulf Business talks to Wissam Khoury, Head of International at Finastra, on the state of Open Banking in the GCC

Why GCC banks and fintech startups must realign their interests for greater good

Traditional lenders and fintech players can grow simultaneously, offering customers a myriad of services

Fintech industry growing by 18% annually in Saudi Arabia: report

Fintech transactions in the kingdom amounted to over $20bn by the end of 2019