#Fintech
DIFC’s fintech accelerator programme has attracted more than 3,000 applications from all over the world
The partnership equips Ajman Bank with the technology to accelerate its digital transformation and enrich its client offering by adding new payment services
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
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 agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets
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
Greater private sector involvement is imperative if fintech is to grow and become stronger
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
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
A total of 537 new companies joined the centre in the first half of the year
The company successfully raised $9m during a seed round from prominent investors
Technology has altered practically every aspect of our lives and nowhere is this more evident than in fintech, particularly payments
SHAREPay enables members to link up to 10 existing debit/ credit cards to a single digital card, enabling seamless instant earning and burning of SHARE points
The second cohort includes 16 startups that have collectively raised more than $67m in funding
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
Banking-as-a-service is a revolution that combines the power of banks with the reach and customer loyalty of well known brands
The UAE is one of the fastest growing cryptocurrency markets in the world generating transactions worth $25bn
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