Lime Consumer Finance, the largest platform for education financing in Egypt and a wholly owned entity of First Abu Dhabi Bank Group in the UAE, has officially launched in the fintech ecosystem, with a specialised focus on educational financing as its first strategic entry point. Licensed by Egypt’s Financial Regulatory Authority (FRA), Lime offers structured, […]
Cairo, Egypt – MDP, Africa’s leading digital payments enabler, proudly announces a major milestone in advancing secure digital payments to become the first payment processor in Egypt to enable tokenization for electronic transactions, in strategic collaboration with the National Payment Scheme “Meeza” via Apple Wallet. This achievement marks the successful completion of the token provisioning phase, […]
Led by Shorooq and Cherry Ventures, with strategic investments from e&, and Mubadala Investments, qlub aims to expand its global footprint and enhance its innovative payment solutions. Dubai, UAE – qlub, the ultra-fast payment system in restaurants, has become ubiquitous across Dubai’s vibrant dining scene. Following its runaway success in the UAE, qlub has announced […]
Zvilo, a working capital lender committed to bridging the global trade finance gap, has today announced the expansion of its debt facility with long-standing capital partner Fasanara Capital – a London-based, owner-managed investment management company. The facility has been increased to up to €75 million, building on an initial commitment from Fasanara in October 2022. This new […]
BurjX becomes a fully regulated digital asset brokerage platform to offer and support trading of over 100 digital assets. Abu Dhabi, UAE – BurjX, the UAE-born digital asset trading platform, has officially secured its Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of […]
H1 2025 Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1 2024; reflecting a YoY increase of 50%. Earnings per share rose to AED 0.10 per share in H1 2025 compared to AED 0.07 in the corresponding prior year period. Total income increased by 24% YoY […]
This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized RWAs. Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together […]
Dubai: Trendyol Group; Türkiye’s leading e-commerce platform, Haluk Bayraktar, CEO of Baykar, the world’s largest unmanned aerial vehicle manufacturer, ADQ, an active sovereign investor focused on critical infrastructure and global supply chains; and Ant International, a leading global digital payments and financial technology provider today announced the signing of a Memorandum of Understanding (MoU) to explore […]
Abu Dhabi, UAE – Ovasave, a Hub71 FemTech startup focused on fertility and hormonal health, has successfully completed its pre-seed round, raising $1.2 million from a mix of regional and international investors. The round was led by PlusVC, Annex Investments, and New York-based 25 Madison, with additional backing from UAE and Saudi-based strategic angel investors and […]