Bank al Etihad and INVESTBANK have announced that their respective Boards of Directors have approved a strategic merger under which Bank al Etihad will acquire 100% of INVESTBANK’s share capital. The acquisition will be carried out through a capital increase by Bank al Etihad, with all newly issued shares allocated to INVESTBANK shareholders in exchange […]
DUBAI, UAE — Leading global digital payment solutions provider Checkout.com, has entered a strategic partnership with du Pay, one of the UAE’s fastest-growing fintech platforms focused on advancing financial inclusion and accessibility across the UAE. This collaboration enables du Pay to leverage Checkout.com’s robust and scalable payments infrastructure to deliver high performance payments and elevate its core offerings, […]
Source: Entrepreneur India AI infrastructure startup Flam has raised USD 14 million in a Series A funding round led by RTP Global, with participation from Dovetail and other strategic investors. This brings the San Francisco- and Bengaluru-based startup’s total funding to USD 22 million since its founding in 2021. The fresh capital will be deployed […]
The company started in Japan and expanded to the UAE in 2021 after being selected for Hub71, Abu Dhabi’s premier startup acceleration program. Bitgrit, a leading global AI startup, has officially established a DLT Foundation under the regulatory framework of ADGM. This milestone marks a significant step towards the launch of their BGR Network, one […]
Dubai, United Arab Emirates – Astra Tech, the UAE-based consumer technology holding group, has announced the launch of the ‘Send Now, Pay Later’ (SNPL) feature within its Botim Ultra App. This feature enables users to instantly remit up to AED 5,000 to over 200 countries, offering them the flexibility to repay over a period of six […]
Abu Dhabi – In a landmark moment for UAE innovation, CarbonSifr, a Hub71 climate-tech startup based in Abu Dhabi, became the only Climate Tech startup globally invited by Meta to showcase its multi-agent climate action platform at its headquarters in the United States. At the heart of CarbonSifr’s breakthrough is a proprietary emission measurement and reduction recommendation engine […]
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation. “Reaching 70 […]
Dubai, United Arab Emirates: SC Ventures, the innovation, FinTech investment, and venture-building arm of Standard Chartered, has signed a Memorandum of Understanding (MoU) with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to explore strategic opportunities for collaboration. The collaboration outlines the intent of both parties to jointly […]
Dubai, UAE – 13 May 2025 – Blue Remit Limited, a subsidiary of Al Ansari Financial Services PJSC, one of the fastest-growing digital remittance players, has partnered with Saad Exchange, a leading cross-border remittance provider in the UAE. This strategic alliance aims to expand access to secure, seamless, and compliant cross-border digital payment solutions through […]
In a significant advancement for the UAE’s digital economy, Astra Tech’s flagship platform, Botim, has partnered with Mbank, a leading digital bank in the UAE, to introduce the nation’s first fintech-integrated Jaywan card scheme. The announcement was made during a signing ceremony at the Dubai Fintech Summit, with the presence of Dr. Tariq Bin Hendi, […]