Singapore — XWeave, a non-custodial cross-border payments platform leveraging stablecoins, has announced the close of its $3 million seed funding round. The round was led by Jungle Ventures through its First Cheque@Jungle program, along with Lightshift. The funding also saw follow-on investment from Menyala, a venture studio founded by Singaporean sovereign wealth fund Temasek, and new […]
Sharjah, UAE – Bank of Sharjah has announced a strong start to 2025, posting a net profit of AED 116 million for the first quarter ended March 31, 2025, marking a 45% increase compared to AED 80 million in Q1 2024. The solid performance follows the Bank’s remarkable turnaround in 2024 and reflects continued momentum driven […]
Dubai, UAE – In a strategic move set to redefine customer loyalty and retail banking in the UAE, Landmark Group and Abu Dhabi Commercial Bank (ADCB) have officially launched the Shukran ADCB Credit Card. This powerful collaboration brings together Landmark Group’s flagship loyalty programme, Shukran, with ADCB’s robust retail banking capabilities. The announcement was made […]
United Arab Emirates: Visa, a global payments technology leader, and Whish Money SAL, a leading regional fintech, are pleased to announce one of the most strategic partnerships in the region. This partnership will enable Whish to leverage Visa’s advanced services and technology for payments and money movement, while allowing Visa to expand its service offerings to […]
Dubai, UAE: Endocare, a leading metabolic health company dedicated to transforming lives by bridging innovative treatments with personalised care, has proudly announced the successful closing of its financing for its Middle East expansion. The milestone marks a significant step as the company progresses to scale its operations while simultaneously advancing its mission of delivering cutting-edge healthcare […]
Seventh edition of the Futuremakers Women in Tech Accelerator to empower female entrepreneurs in the UAE with skills, funding, and global networks. United Arab Emirates– Standard Chartered announced today the launch of the seventh cohort of the Futuremakers Women in Tech UAE Accelerator, in partnership with C3 – Companies Creating Change and Village Capital. The […]
Abu Dhabi, UAE – The future of crypto in MENA is taking shape. BurjX, a UAE-based digital asset brokerage, announced today that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This marks a key regulatory milestone as BurjX moves towards securing its Financial Services Permission […]
Casablanca/Tunis — In a significant move to bolster fintech innovation across Africa, Attijariwafa Ventures—the corporate venture arm of Attijariwafa Bank Group and Wafa Assurance—has announced a $1.5 million investment in Konnect Networks, a rapidly growing Tunisian fintech startup. The funding round drew participation from several prominent investors, including Utopia Capital Management, 54 Collective, Visa, Plug and […]
Collaboration underscores leading procurement software company’s regional commitment and expertise Kuwait City, Kuwait, 6 May 2025: JAGGAER, a leading global provider of procurement and spend management solutions, is collaborating with Amazon Web Services (AWS) to deliver enhanced procurement services across Kuwait and the broader Middle East region. This new collaboration marks a significant expansion of […]
Dubai, UAE – In a landmark move to transform the digital landscape for small and medium-sized enterprises (SMEs), BoxCommerce, a leading global eCommerce platform and MasterCard Start Path Partner, has announced a powerful new partnership with ruya. This collaboration brings together banking and eCommerce in a single, integrated toolkit—designed specifically to help everyday SMEs in the […]