Riyadh Valley Company, the investment arm of King Saud University, announces its investment in MEVF IV managed by MEVP. Founded in 2010, MEVP is a leading venture capital firm that invests in early and growth-stage technology startups led by talented entrepreneurs across the Middle East and North Africa, with particular focus on the Gulf Cooperation […]
Bybit became the first and only major crypto exchange to unify crypto, stocks, and traditional assets under one roof. In a landmark move bridging traditional and decentralized finance, Bybit, the world’s second-largest crypto exchange by trading volume, has launched direct trading of top global stocks with USDT. This innovation—part of Bybit’s expanding Gold & Forex (MT5) […]
Source: CXOtoday.com With two decades of fintech and banking leadership, Kumar will lead Paytm’s expansion in the UAE and the broader Middle East. Paytm, India’s leading payments and financial services distribution company and pioneer of mobile payments, QR codes, and Soundbox, today announced the appointment of Mr. Ramana Kumar as Chief Executive Officer for its […]
EQIQ, a venture capital fund and venture builder led by founding partners with a track record of investing over $500 million in technology startups and generating more than 3.3x return, is expanding its fund size from $15 million to $30 million. Domiciled in Abu Dhabi Global Market (ADGM), EQIQ is pursuing both greenfield (seeding new ventures) and […]
Abu Dhabi, UAE: On the final day of Make it in the Emirates 2025, Emirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial growEmirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial growth, has launched EDB 360, a groundbreaking, fee-free digital banking platform built to supercharge the ambitions […]
DUBAI, UAE – Google announced the launch of its second “Google for Startups Accelerator: AI First” program for the Middle East, North Africa, and Turkiye (MENA-T). The 12-week, equity-free program is designed to empower the most promising Seed to Series A startups that are harnessing the power of artificial intelligence, providing them with the essential infrastructure, […]
New program enables issuers to enhance commercial offerings through fully integrated digital solutions. SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity between fintechs and Visa Commercial products through its commercial platform. Visa will make available advanced APIs to embed Visa […]
Dubai – areeba, a global leader in payment infrastructure, has partnered with Foo, a pioneering provider of digital banking and fintech solutions, to introduce a fully integrated – program for digital services. This bundled offering enables banks and fintechs to build their own secure and scalable card programs and wallets without the need for complex infrastructure. This […]
Bitcoin (BTC) has set a new all-time high of $110,099 on early Thursday morning. For those who haven’t been following BTC’s journey from hell back this year, the flagship currency has gained over $30,000 since dropping as low as $75,000 in early April. t around 6 AM Pakistani Time, BTC was up nearly 4 percent […]
Dubai, UAE – Al Ansari Exchange, a subsidiary of Al Ansari Financial Services and the largest remittance and foreign exchange company in the UAE, and UnionPay International announced today the launch of MoneyExpress remittance service in the UAE. This partnership marks a significant milestone, as Al Ansari Exchange becomes the first exchange company in the entire […]