Doha, Qatar: Visa yesterday announced the launch of Tap to Add Card in Qatar marking a significant advancement in digital wallet provisioning. This innovative technology addresses the growing need for secure and streamlined digital payment solutions by allowing cardholders to add their Visa contactless cards to digital wallets with a simple tap on their mobile […]
Serenity launches world-first Biometric-Secured Blockchain Card
Serenity, a pioneering blockchain technology company specializing in Decentralized Data Survivability Protocol (DeDaSP), has achieved a groundbreaking milestone with the launch of the sAxess Biometric Card. Developed in partnership with IDEMIA, this world-first biometric-secured blockchain card revolutionizes secure data storage, digital identity authentication, and real-world asset monetization. The launch marks a significant leap in blockchain […]
Visa launches “Tap to Add Card” in the UAE
UAE, Dubai: Visa (NYSE: V) yesterday announced the launch of Tap to Add Card in the UAE marking a significant advancement in digital wallet provisioning. This innovative technology addresses the growing need for secure and streamlined digital payment solutions by allowing cardholders to add their Visa contactless cards to digital wallets with a simple tap on […]
London’s Verto Secures Key Regulatory Approvals in UAE, US, and Africa to Expand Global Payment Solutions
Verto has secured key regulatory approvals in the UAE, the US (Wyoming, Delaware, Illinois), South Africa, Kenya, and Nigeria. These licenses granted by the DFSA (UAE), individual US state regulators, and African financial authorities strengthen Verto’s ability to provide regulated money transfer services, foreign exchange, and local account solutions for businesses operating in these markets. […]
Dubai’s Emirates NBD launches Crypto Trading for Liv Users
Dubai’s biggest bank, Emirates NBD, has jumped into the world of crypto trading, letting customers of its digital bank, Liv, buy, sell, and swap cryptocurrencies right through the Liv X app. They’ve teamed up with Aquanow, a legit digital assets company approved by Dubai’s Virtual Assets Regulatory Authority (VARA), to make it happen. The UAE […]
UAE’s Talabat fully acquires InstaShop from Delivery Hero for $32 million
Kuwait-born and UAE-based q-commerce and foodtech Talabat has completed the acquisition of 100% of instashop from Delivery Hero SE for $32 million. With this acquisition, instashop becomes a wholly owned subsidiary of talabat, strengthening its grocery and retail offering and expanding its partner network across the MENA region. Instashop will continue to operate as an […]
VC Firm, LoftyInc secures $43 million first close for new Alpha Fund to scale African startups
LoftyInc Capital, a leading venture capital firm, has successfully reached the first close of its third and largest fund, LoftyInc Alpha. The fund aims to support late seed and Series A startups across Africa, marking a strategic shift in the firm’s investment focus. LoftyInc has previously invested in high-growth companies such as Flutterwave, Moove, Reliance […]
Emirates NBD and Visa partner to launch Visa Commercial Pay – Mobile in the UAE
Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, is set to be the first bank in the UAE to introduce the Visa Commercial Pay-Mobile Module for its SME and Corporate clients, in collaboration with Visa. This initiative aligns with the UAE Government’s vision of digitalising payments […]
Darwinbox Raises $140mln Investment Co-led by Partners Group and KKR to Accelerate Global Expansion
UAE, Dubai – March 5, 2025 – Darwinbox, a leading global human resource (“HR”) technology platform, today announced the signing of definitive agreements under which Partners Group, one of the largest firms in the global private markets industry (acting on behalf of its clients), and funds managed by KKR, a leading global investment firm, will […]
Mastercard Partners with Mashreq to support its launch as a Digital Bank in Pakistan
Dubai, UAE: Mastercard has signed a multi-year strategic agreement with Mashreq to support its launch as a digital bank in Pakistan. Announced at a signing ceremony held at Mashreq HQ in Dubai, UAE welcoming leadership from Mashreq and Mastercard, the collaboration is to be on card portfolios across the consumer, affluent, and business market segments. The […]