UAE-based Web3 rewards startup Bundle has emerged from stealth after securing $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures, with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital. Founded by Bader Al Kalooti and Mostafa Wanas, Blockchain Bundle is developing a blockchain-powered rewards platform designed to […]
du Pay unveils Flexi Cash Loan with Instant Access to Credit for UAE Residents
Dubai UAE: du Pay, the advanced digital financial services subsidiary of du, has announced the launch of Flexi Cash Loan, a new digital cash lending product. The new service, now live on the du Pay application, gives eligible customers access to short-term cash loans of up to AED 5,000 instantly. The service is being rolled out […]
Mashreq Bank delivers record H1 2026 Profit Before Tax of AED4.8 Billion, Up 18% YOY
Dubai: Mashreq Bank reported a record profit before tax of AED 4.8 billion for the first half of 2026, marking an 18% year-on-year increase, supported by strong growth in lending, customer deposits and non-interest income despite heightened geopolitical and macroeconomic uncertainty. The UAE lender generated operating income of AED 6.8 billion during the six-month period, […]
Visa and noon Launch ‘Tap to Tip’ Initiative to Enable Contactless Tipping for Delivery Riders in UAE
UAE, Dubai – Visa and noon have partnered to launch Tap to Tip, a new initiative designed to make it easier for residents across the UAE to support delivery riders through simple, contactless tipping. As the UAE continues its shift toward digital payments, opportunities to tip in cash are becoming less common. Visa’s latest Where Cash Hides study found […]
stc pay partners with PayPal to launch seamless cross-border fund transfers in Bahrain
Manama, Bahrain: stc pay Bahrain, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has partnered with PayPal, a global leader in digital payments, to launch seamless cross-border fund transfers, enabling customers to link their PayPal accounts directly to the stc pay app and move funds between both platforms. This new service allows users […]
JPMorgan Chase Plans to Open a Branch in Iraq
JPMorgan Chase plans to establish a branch in Iraq to finance projects undertaken by American companies, marking a significant step in expanding the global banking giant’s presence in the country and supporting Iraq’s efforts to attract foreign investment. The agreement was reached during a meeting in Washington between Iraqi Prime Minister Ali Al-Zaidi and representatives […]
MultiBank Group’s crypto exchange Arm, mb.io, integrates botim to enable in-app account Funding for UAE Users
Dubai, UAE — mb.io, the regulated digital asset platform of MultiBank Group, has partnered with botim, the UAE’s leading fintech platform, to streamline how mb.io app users in the UAE fund their accounts. mb.io provides access to digital asset trading through an app experience supported by MultiBank Group’s institutional infrastructure and regulatory standards. Through this […]
UAE’s Epic Markets Raises $10 Million Pre-Seed Round Led by Karatage to Build Multi-Asset Brokerage Platform
UAE-based Epic Markets has secured $10 million in a Pre-Seed funding round, with Karatage participating as the exclusive investor, to accelerate the development of its institutional-grade multi-asset brokerage platform for retail investors. Founded in 2026 by Kevin Kimmel and Brian Seegers, Epic Markets aims to transform the retail trading experience by bringing the execution quality […]
Juspay and Recurly partner to accelerate growth in subscription payments
Juspay, a global payments technology company serving enterprises and banks, today announced a partnership with Recurly, a leading subscription management and recurring billing platform. The collaboration integrates Juspay’s open-source payment orchestration platform, Hyperswitch, into the Recurly ecosystem. This partnership enables Recurly’s merchants to reduce payment failures, scale with new payment providers, and accelerate go-to-market with […]
Ajman Bank Partners with Careem to bring Lifestyle Rewards to Customers
Offer valid twice a month on a minimum order of AED 50 Customers simply add their BRight card in the Careem app to redeem Further rewards across Careem’s services to follow Ajman, UAE – Ajman Bank has partnered with Careem, the region’s leading Everything App, to offer customers exclusive rewards and lifestyle benefits across Careem’s digital […]
