Source: CXOtoday.com With two decades of fintech and banking leadership, Kumar will lead Paytm’s expansion in the UAE and the broader Middle East. Paytm, India’s leading payments and financial services distribution company and pioneer of mobile payments, QR codes, and Soundbox, today announced the appointment of Mr. Ramana Kumar as Chief Executive Officer for its […]
EQIQ, a venture capital fund and venture builder led by founding partners with a track record of investing over $500 million in technology startups and generating more than 3.3x return, is expanding its fund size from $15 million to $30 million. Domiciled in Abu Dhabi Global Market (ADGM), EQIQ is pursuing both greenfield (seeding new ventures) and […]
Abu Dhabi, UAE: On the final day of Make it in the Emirates 2025, Emirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial growEmirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial growth, has launched EDB 360, a groundbreaking, fee-free digital banking platform built to supercharge the ambitions […]
DUBAI, UAE – Google announced the launch of its second “Google for Startups Accelerator: AI First” program for the Middle East, North Africa, and Turkiye (MENA-T). The 12-week, equity-free program is designed to empower the most promising Seed to Series A startups that are harnessing the power of artificial intelligence, providing them with the essential infrastructure, […]
New program enables issuers to enhance commercial offerings through fully integrated digital solutions. SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity between fintechs and Visa Commercial products through its commercial platform. Visa will make available advanced APIs to embed Visa […]
Dubai – areeba, a global leader in payment infrastructure, has partnered with Foo, a pioneering provider of digital banking and fintech solutions, to introduce a fully integrated – program for digital services. This bundled offering enables banks and fintechs to build their own secure and scalable card programs and wallets without the need for complex infrastructure. This […]
Bitcoin (BTC) has set a new all-time high of $110,099 on early Thursday morning. For those who haven’t been following BTC’s journey from hell back this year, the flagship currency has gained over $30,000 since dropping as low as $75,000 in early April. t around 6 AM Pakistani Time, BTC was up nearly 4 percent […]
Dubai, UAE – Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and the largest remittance and foreign exchange company in the UAE, and UnionPay International announced today the launch of MoneyExpress remittance service in the UAE. This partnership marks a significant milestone, as Al Ansari Exchange becomes the first exchange company in the entire […]
Dubai – SC Ventures, Standard Chartered’s innovation, FinTech investment and ventures arm, has signed a strategic partnership with DIFC Innovation Hub to launch the National Venture Studio, a new initiative aimed at accelerating innovation and supporting venture creation across the region. As part of the collaboration, SC Ventures is providing its Venture Building as a Service (VBaaS) […]
Doha, Qatar – May 2025: In a landmark move announced at the Qatar Economic Forum 2025, LuLu AI, the fintech investment arm of LuLu Financial Holdings, has made a strategic undisclosed investment in PayLater Qatar, one of the country’s pioneering licensed providers of Buy Now, Pay Later (BNPL) and embedded finance solutions. The announcement was made in the presence […]