Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), today announced the next phase of its Tokenisation Regulatory Sandbox, beginning engagement with firms selected to join its Innovation Testing Licence programme – the DFSA’s regulatory sandbox that allows entities to test innovative financial products and […]
LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition paves the way for LemFi to launch specialised credit cards designed especially for immigrant communities, addressing one of their most persistent […]
UAE – June 16, 2025 — In a strategic move set to accelerate digital transformation in the UAE’s payments landscape, Ottu, a leading payment orchestration platform, has announced a partnership with Magnati, the region’s premier payments and technology company. The collaboration aims to scale embedded payment capabilities and deliver a seamless, unified experience to businesses […]
XFOLIO, a next-generation wealth and treasury management platform, announced today the successful close of its $2 million Seed round, fully funded by Middle East Venture Partners (MEVP). The investment will accelerate XFOLIO’s product development, market expansion, and strategic partnerships across MENA and Europe. Founded in 2024 by serial entrepreneur Anis Rahal – previously founder of TreasuryXpress (acquired […]
Cairo, Egypt – EGBANK has joined forces with Mastercard to drive financial accessibility, expand digital payment adoption and introduce affluent new segments to the bank’s card portfolio. The collaboration aims to strengthen EGBANK’s strategy and reinforces its commitment to delivering convenient, seamless and secured payment experience. Mastercard will support EGBANK in developing its portfolio of debit, credit, […]
Playbook, the global learning and networking platform advancing the careers of women executives, has entered a strategic partnership with FinBursa, a global digital investment and fundraising platform focused on connecting capital seekers with qualified and sophisticated investors across private markets. This partnership is designed to close the information and access gap for women in investing […]
Bitcoin.com sets up its first MENA office in DMCC Crypto Centre, joining over 650 blockchain and Web3 companies. Move reinforces DMCC’s growing role as the most concentrated and dynamic hub for Web3 and emerging technologies in the region DMCC counts over 3,200 tech companies across its international business district, including over 800 companies within its […]
Areej Obiedat, a renowned expert in banking innovation, has been selected as one of the Founding Community Leaders for the MENA Consultant Club, an exclusive network bringing together 100 of the region’s most accomplished consultants. This appointment marks a significant milestone in her ongoing efforts to drive digital transformation and foster strategic growth within the […]
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The deal announced Thursday reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces […]
Ericsson On-Demand delivers a significant shift in how core network services are deployed, managed and scaled Provisions core services in minutes, allowing Communication Service Providers (CSPs) to scale effortlessly and pay only for what is used Combines telecom-grade reliability with public cloud flexibility, for smaller core deployments Ericsson (NASDAQ: ERIC) announces the launch of Ericsson […]