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
The two brands will launch new products to enable small business owners to have full autonomy over their business decisions
By integrating innovative fintech solutions, e-commerce businesses can enhance operations to deliver the ultimate customer experience
Share sales globally plummeted some 70 per cent from a year ago in the first half, to levels not seen in almost two decades
The company plans to complete its Series A by the end of the year
UAE citizens, residents, and businesses will benefit from e& money through an enhanced customer experience
Fintechs, startups and financial institutions can now plug and play into NymCard’s modern BaaS infrastructure to issue their own Mastercard cards
The open-for-all shipment tracking tool helps businesses to track and manage shipments in one glance, on one platform
The new portal will enable fintech developers to use the lender’s APIs for the purpose of developing their own applications
Aimed at serving the large population of underbanked people in region, the pre-paid card will go live in the third quarter of the year
The company plans to hire 120 employees in Dubai across the R&D, product, operations and HR departments within the next 18 months
Strategic collaboration will enable Network to offer a fully integrated payments platform to its hospitality and retail merchants in UAE and MEA region
The agreement will accelerate the geographical expansion of valU and provide digital finance solutions to consumers in Saudi Arabia through FAS Finance
Identity proofing platform IDnow and YouGov research finds UAE residents are frustrated by bank account applications
FOO works with banks, fintech companies and retailers across the MENA region to provide digital products that enhance business models and customer experience
Network and Nayax’s solution allows customers to select a product or service and pay using a debit or credit card at unattended self-service payment kiosks
Zenda, is the first fintech app that lets parents to pay school fees with pay-now and pay-later options, and unlock rewards for paying on time
It will soon issue Careem cards that can be used at ATMs and merchants, and will also introduce international remittance solutions
This licence marks the first time the DFSA has authorised a firm to provide account information services and payment initiation services activities
The company estimates that around 20 million people across Egypt could benefit from early wage access
The project will entail developing a analytics model that will collect historical market data on Dubai’s residential market dating back over 10 years
The two companies will coordinate and collaborate on finding, backing and mentoring founders as they launch and grow their ethically-focused startups
The simplified fee structure aims to help customers feel more comfortable and confident placing their first trade in the crypto world
With a growing startup ecosystem and tech-driven individuals, the Middle East region is on the verge of becoming a global fintech leader, says Jeetu Kataria, co-founder and CEO at DIFX
Fintech companies are uniquely positioned to fill the gap and help SMEs get access to flexible injections of liquidity
The partnership will explore deep-tech solutions to challenges facing the financial services sector
ADGM’s hackathon is seeing participants explore innovative ideas around themes of ESG, embedded finance and decentralised finance