The two entities have also entered a partnership to bring financial products such as private credit, PayFi, invoice financing and stablecoin-enabled infrastructure onchain, with Laser Digital providing expertise in institutional-grade risk governance. ZIGChain is targeting a minimum of $100 million in total value locked (TVL) across a pipeline of institutional-grade vault products DUBAI, ZIGChain, the blockchain […]
Dubai, UAE – Edenred UAE, part of the global Edenred Group and a long-standing provider of payroll solutions in the UAE, today announced it has received in-principle approval from the Central Bank of the UAE (CBUAE) for its application to operate as a licensed Stored Value Facility (SVF) provider. Edenred has been part of the UAE’s […]
Led by Mubadala Investment Company “Mubadala”, and co-led by Woven Capital (Toyota) and Ion Pacific, the Series C accelerates Moove’s global infrastructure platform for autonomous mobility as the market shifts from breakthrough technology to scaled deployment. $250 million Series C values Moove at $2.1 billion, cementing its position as the category-defining infrastructure company for the […]
The innovative payment products will be integrated with the AFS Pro app, providing a seamless, digital-first business payments and expense management solution Dubai, UAE: Mastercard and Arab Financial Services (AFS), the Middle East and Africa’s leading digital payment solutions provider and fintech enabler, have joined forces to introduce corporate credit and prepaid cards, integrated with the […]
New Shariah-compliant business account enables small businesses to put surplus cash to work automatically, without locking it away, as Pemo cements its position as the leading all-in-one spend management platform for the UAE’s SME economy. DUBAI, UAE: Pemo, the UAE’s leading all-in-one spend management platform, today announced the launch of its very first business account, […]
Dubai, UAE – Dubai Duty Free has officially launched Crypto.com Pay™, becoming the first airport retailer in the Middle East to introduce the regulated digital payment solution. Eligible customers can now use Crypto.com Pay™ when shopping at Dubai Duty Free both in Dubai International Airport (DXB) and Al Maktoum International Airport (AMIA), as well as online […]
NEW YORK: Citi has hired Rohan Sen from Bank of America to lead coverage of the technology services sector, as the bank continues to bulk up its technology banking ranks, an internal memo seen by Reuters showed. In the memo, global co-heads of technology investment banking Pankaj Goel and Mark Keene said technology services is […]
Dubai Founders HQ has partnered with Mastercard, supported by Pemo, to launch a new founder finance solution designed to help startups and SMEs save money, strengthen cash flow, and operate more efficiently. Eligible businesses can access over AED10,000 in first-year value, including up to 2 percent cashback on eligible foreign exchange and advertising spend, complimentary […]
BioCatch’s behavioral and device intelligence expertise expected to help detect scams, account takeovers and digital fraud before they happen SAN FRANCISCO– Visa (NYSE: V) today announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioral-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in […]
The acquisition strengthens the ability to connect digital assets and traditional payment rails, enabling secure, interoperable value exchange at scale. Mastercard (NYSE: MA) today completed its acquisition of BVNK, expanding the company’s strategy to support greater choice in how people and businesses exchange value by enabling interoperability across fiat and digital currencies. “Digital currencies — […]