Pakistani-Founded Sneaker Startup Atoms Raises Over $2 Million from 450 Customers in Private Round

Pakistani-Founded Sneaker Startup Atoms Raises Over $2 Million from 450 Customers in Private Round

Source: Business Recorder Brooklyn, USA — May 2025 — Atoms, a Brooklyn-based sneaker startup founded by Pakistani entrepreneur Sidra Qasim, has successfully raised over $2 million in a private funding round led by its own customers. The announcement was made by Qasim on LinkedIn, where she described the initiative as “the most meaningful experience” of […]

Alfardan Exchange Partners With iPiD to Launch Qatar’s First Real-Time Payee Verification Service

Alfardan Exchange Partners With iPiD to Launch Qatar’s First Real-Time Payee Verification Service

Doha, Qatar – Alfardan Exchange, the trusted and leading name in the field of exchange, financial transfers and precious metals in Qatar, has partnered with iPiD to launch the first real-time beneficiary validation solution in the exchange industry in Qatar. By integrating iPiD Validate, Alfardan Exchange is pioneering a new era of secure, transparent, and […]

Visa and Stripe’s Bridge Partner to launch Stablecoin Card Issuing Product

Visa and Stripe’s Bridge Partner to launch Stablecoin Card Issuing Product

Developers using Bridge can now programmatically issue stablecoin-linked Visa cards in multiple countries through a single API integration. With these new cards, businesses and individuals can spend their stablecoin balance on everyday purchases, anywhere Visa is accepted. SAN FRANCISCO—Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a […]

MAG Signs Strategic Partnership with Multibank Group to Tokenize $3 Billion Real Estate Assets

MAG Signs Strategic Partnership with Multibank Group to Tokenize $3 Billion Real Estate Assets

Dubai, United Arab Emirates, 1 May 2025: MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The […]

Eight Major MENA Banks Adopt JPMorgan's Kinexys Blockchain Platform for Cross-Border Payments

Eight Major MENA Banks Adopt JPMorgan’s Kinexys Blockchain Platform for Cross-Border Payments

Dubai, UAE – May 2, 2025 — JPMorgan’s blockchain arm, Kinexys (formerly Onyx), has made significant inroads into the Middle East and North Africa (MENA) region, with eight of the region’s largest banks now leveraging its blockchain-based payments infrastructure. Among the confirmed financial institutions are; Qatar National Bank Saudi National Bank First Abu Dhabi Bank […]

The Future is Here: Visa Announces New Era of Commerce Featuring AI

The Future is Here: Visa Announces New Era of Commerce Featuring AI

Global leader brings its trusted brand and powerful network to enable payments with new technologies Launches new innovations and partnerships to drive flexibility, security and acceptance The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of […]

Fuze raises $12.2mln Series A funding to scale Digital Assets infrastructure across MENA and Turkey

Fuze raises $12.2mln Series A funding to scale Digital Assets infrastructure across MENA and Turkey

Fuze provides Digital Assets-as-a-Service infrastructure enabling financial institutions and businesses across MENA and Turkey. Abu Dhabi, UAE and New York, USA: Fuze, the Middle East and Turkey’s fastest growing digital assets infrastructure firm, today announced the successful completion of a $12.2 million Series A funding round led by Galaxy (TSX: GLXY), a global leader in […]

Emirates and American Express Middle East Sign MOU, extend collaboration to explore New Offerings for SMEs in select countries across the MENA

Emirates and American Express Middle East Sign MOU, extend collaboration to explore New Offerings for SMEs in select countries across the MENA

Dubai, UAE, 30 April 2025: Emirates and American Express Middle East (AEME) have signed a Memorandum of Understanding (MOU) at Arabian Travel Market (ATM) that intends to expand their collaboration to explore new offerings for Small and Medium Enterprises (SMEs) in select countries across the Middle East and North Africa. Together, Emirates and American Express […]

Iraq’s International Smart Card, MENA Fintech Association Partner to Drive Digital Finance Growth

Iraq’s International Smart Card, MENA Fintech Association Partner to Drive Digital Finance Growth

The International Smart Card (ISC), Iraq’s fintech major, joins the MENA Fintech Association (MFTA), a not-for-profit organisation registered with the Abu Dhabi International Financial Centre (ADGM), to support digital finance growth. The new alliance is set to spread financial literacy across the MENA region. The International Smart Card (ISC), also known as Qi Card, was […]