Moroccan superapp ORA Technologies has closed its Series A round at $7.5 million, led by Azur Innovation Fund and joined by three strategic local investors. This brings ORA’s total local fundraising since January 2023 to a record $11.9 million. Founded in 2023 by Omar Alami, ORA app offers multiple features, including P2P transactions, an e-commerce platform, […]
With support from Plus VC and global angel investors, Egypt’s first incentivized, goal-based saving platform leverages behavioral tech and embedded finance to help users turn life goals into financial outcomes Cairo/MENA: July 15, 2025: PALM, Egypt’s first fintech startup offering incentivized goal-based saving, has announced today that the company has successfully closed its pre-seed funding […]
SME Merchants to benefit from a fully integrated digital, lending experience – from application to disbursement. UAE: Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has announced a strategic partnership with Wio Bank PJSC, the UAE’s leading digital bank, to offer digital lending solutions for SME merchants in the […]
First global systemically important bank to offer secure, regulated and scalable access to Bitcoin and Ether deliverable spot trading. LONDON – In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered has today launched a fully integrated digital […]
Abu Dhabi Commercial Bank reported net income of 2.57 billion dirhams ($699.7 million) for the second quarter on Monday, up 10.7% from the prior-year period, beating analyst expectations. Analysts had expected ADCB’s second-quarter profit at 2.33 billion dirhams, according to LSEG data. The bank reported a net profit of 2.32 billion dirhams in the quarter […]
Beirut, Lebanon – MyMonty has announced a strategic partnership with Mastercard to expand access to secure and convenient payment solutions for individuals and businesses across Lebanon. This collaboration aims to empower more people and enterprises to make payments easily and safely, supporting Lebanon’s growing shift towards digital financial services. By leveraging Mastercard’s global expertise and MyMonty’s […]
Dubai, UAE – Ottu, the Middle East’s leading Online Payment Management System (OPMS), proudly announces the signing of an integration partner agreement with Ellucian, the global leader in higher education technology solutions. The signing ceremony was held at Ellucian’s regional headquarters in Dubai, marking a strategic milestone in the advancement of digital payments within the education […]
Dubai, UAE – TikTok and Visa have announced a strategic collaboration to support small and medium-sized businesses (SMBs) across the United Arab Emirates, equipping them with tools, resources, and incentives to help them thrive in the digital economy. Starting 1st July 2025, SMBs that spend $250 on their TikTok campaign using a Visa Commercial card will […]
Bitcoin (BTC) has set a new all-time high of $ 122,266 on Monday morning. For those who haven’t been following BTC’s journey, the flagship currency has gained over $45,000 since dropping as low as $75,000 in early April. At around 9:00 a.m. UAE Time, BTC was up nearly 3 percent, reaching a high of $122,666. […]
Annual labour costs of a financial services tech hub in Bahrain are up to 24% more competitive than the GCC. Bahrain’s financial services sector is 85% more cost-effective in business and licensing fees than the GCC average Manama – Kingdom of Bahrain: Bahrain has been ranked as the most cost-competitive location to operate a financial services […]