enza, a leading innovator in African payment solutions, announced today that it has secured a $6.75 million investment in a seed equity round co-led by Algebra Ventures and Quona Capital. This milestone marks the first external funding for enza and will accelerate the company’s mission to “liberate the world of payments for more inclusive, opportunity-led […]
(Bloomberg) — Temasek Holdings Pte.’s $54 billion asset management holding company is opening an office in Abu Dhabi, joining a flurry of financial firms that have recently set up in the oil-rich emirate. The firm, known as Seviora, will be based in the city’s financial hub, ADGM. “The new office, coupled with Seviora’s existing offices […]
UAE, Dubai – Tap. Pay. Done. This simple, secure, and increasingly mobile action has transformed the shopping experience and unlocked opportunities for small businesses worldwide. Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year, supporting millions of sellers of all sizes. In the UAE, adoption rates have also surged, […]
Doha, Qatar: Ooredoo Fintech has announced a strategic partnership with Mashreq to transform payroll solutions for businesses across Qatar. This collaboration will offer seamless, secure, and compliant Wages Protection System (WPS) salary payment services through Ooredoo Money, enhancing efficiency and promoting financial inclusion while adhering to Qatar Central Bank (QCB) regulations. The agreement was officially […]
Dubai, UAE – Al Ansari Financial Services PJSC announced that its shareholders have approved the Board of Directors’ recommendation to distribute a total cash dividend of AED 315 million (4.2 fils per share) for 2024. This represents approximately 78% of the company’s net profit after tax for the year. During the Annual General Assembly, shareholders approved […]
DUBAI, United Arab Emirates; March 19, 2025 – Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy programmme, CBD is setting a new standard by enabling […]
Muscat, Oman – March 20, 2025 – Amwal Pay, a leading provider of digital payment solutions, has announced the expansion of its services in Oman with the introduction of an integrated and advanced online payment gateway, designed to enhance the digital payments ecosystem and provide businesses with a seamless, fast, and secure payment experience. With a […]
In a major step toward redefining in-app gaming, PlaysOut has closed a $7 million seed funding round at a $70 million valuation. With backing from prominent investors such as OKX Ventures, KBW Ventures, and Pacific Century Group, the multi-engine mini-game platform is poised to dominate a market projected to be worth between $6-10 billion. Co-founder Jassem Osseiran […]
DUBAI, United Arab Emirates (GLOBE NEWSWIRE) — amana, MENA’s leading neobroker, is redefining trading by adding 300+ new cryptocurrencies, bringing its total to 450+ coins—the most from any local broker. This unmatched range cements amana as the go-to platform for seamless digital and traditional asset trading in one powerful app. This milestone fills a major gap: […]
Dubai, UAE – Checkout.com, a leading global digital payments solutions provider, has partnered with Tabby, the financial services and shopping app, to offer flexible and high-performing payment solutions to merchants in the UAE and Saudi Arabia. This partnership integrates Tabby’s popular BNPL solutions directly into Checkout.com’s platform, allowing merchants to offer consumers seamless, flexible payment methods […]