Algeria-based HRTech startup Talenteo has raised a six-figure investment in a strategic funding round led by Tunisia-based venture capital firm 216 Capital Ventures. The funding will support Talenteo’s expansion into Tunisia and broader Francophone African markets, as well as accelerate the development of its AI-powered human resources platform. Founded in 2022 by Tarik Metnani and […]
XBTO partners with Arab Bank Switzerland to launch innovative Bitcoin yield product
GENEVA, SWITZERLAND – XBTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. The collaboration leverages XBTO’s proprietary “Diamond Hands” strategy to provide Arab Bank Switzerland’s clientele with […]
Contact Financial Holding Reports robust 306% YoY net income surge in financing and insurance divisions in Q1-25
Contact Financial Holding’s Insurance Division Shines in 1Q-25: Net Income Jumps 767% YoY to EGP 43mn. Cairo, Contact Financial Holding (CNFN.CA), Egypt’s leading non-bank financial services provider, announced today its consolidated financial results for 1Q25. The Group delivered a strong start to the year, boasting a solid 30% y-o-y increase in consolidated operating income, to reach EGP […]
Mastercard and enza collaborate to enable fintech innovation across Africa
Dubai, UAE: Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment […]
Stake Launches Pay to Card With Checkout.com to Democratise Access to Real Estate Investment
Dubai, UAE: Stake, one of the leading digital and global real estate investment platforms, has launched Pay to Card, a breakthrough withdrawal feature powered by global digital payments company, Checkout.com. The new solution enables investors to receive their dividends and returns directly to their bank cards, often in just minutes, marking a major step forward […]
Visa Expands Stablecoin Initiatives in CEMEA, through Partnership with Yellow Card
Visa (NYSE: V), a global leader in digital payments, announced significant advancements in its stablecoin initiatives, with expanded settlement capabilities in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region and a strategic partnership with Yellow Card, a leading pan-African fintech. These efforts further underscore Visa’s vision for transforming money movement and building […]
Taaleem to acquire Kids First Group a leading GCC early-learning education provider
KFG operates a portfolio of highly reputed brands including Redwood Montessori Nursery, Odyssey Nursery, Willow Children’s Nursery, Ladybird and Children’s Oasis offering four different curricula through 34 nurseries in Dubai, Abu Dhabi and Doha catering to more than 5,000 students, with potential for further growth across the portfolio. This transaction is in line with Taaleem’s […]
500 Global and Sanabil Investments Announce Batch 9 of the Sanabil Accelerator by 500 Global
Nine companies will present live at Demo Day on July 2, 2025, at Sanabil Hub in Riyadh. June 18th, 2025; Riyadh, Saudi Arabia – 500 Global, a multi-stage venture capital firm, and Sanabil Investments, a financial investment company wholly owned by the Public Investment Fund (PIF), announce the ninth batch of the Sanabil Accelerator by […]
Qi and U.S based K2 Integrity join forces to align Iraq’s financial sector with global standards
K2 Integrity will further use Qi’s UAE back office as an innovation incubator and sandbox for new Qi products and services. Dubai, United Arab Emirates – In a strategic move to strengthen financial compliance standards across its operations, Qi, also known as International Smart Card, has signed a landmark partnership with K2 Integrity, a global compliance […]
CI Capital Asset Management Launches Egypt’s First Sustainable Equity Fund: Misr Green ESG Fund
Cairo, Egypt: CI Capital Asset Management (CIAM), Egypt’s leading asset manager and a Forbes Top 40 asset manager in the Middle East and North Africa (MENA) region, a subsidiary of CI Capital Holding (CICH.CA), is proud to announce the launch of the country’s first open-ended sustainable equity fund — the “Misr Green – Sustainability (ESG) Fund” […]
