DMCC partners with AQUA-INDEX to support first water-backed digital token

DMCC partners with AQUA-INDEX to support first water-backed digital token

Partnership positions DMCC and Dubai as global leaders in sustainable water resource management and transparent water trading infrastructure Collaboration accelerates establishment of DMCC Water Centre and Dubai as a central, neutral hub for water trading and innovation Dubai, UAE: DMCC, the leading international business district that drives the flow of global trade through Dubai, has signed […]

Dubai-Based Prop-AI Secures $1.5 Million in Pre-Seed Funding to expand real estate investment platform

Dubai-Based Prop-AI Secures $1.5 Million in Pre-Seed Funding to expand real estate investment platform

Funding will fuel its regional data integration, advance its AI and machine learning capabilities, forge key partnerships and the launch of new tools for real estate professionals across the MENA region and beyond. MENA – Prop-AI, the AI-powered platform revolutionizing how people discover, evaluate, and purchase real estate, has successfully closed its pre-seed funding round, securing […]

Egypt’s DisrupTech Ventures backs Nigerian agri-fintech startup Winich Farms

Egypt’s DisrupTech Ventures backs Nigerian agri-fintech startup Winich Farms

Lagos, Nigeria – DisrupTech Ventures, one of Egypt’s leading early-stage fintech funds, has announced its first pan-African investment in Nigerian startup Winich Farms, a fast-growing Agri-Tech that is transforming access to markets and credit for smallholder farmers across Nigeria. The investment forms part of Winich’s Pre-Series A round. Lagos-based Winich is addressing the most pressing challenges […]

Egypt’s Octane Secures $5.2mln to Expand Digital Fleet Expense Platform Across MENA

Egypt’s Octane Secures $5.2mln to Expand Digital Fleet Expense Platform Across MENA

The new capital will accelerate the expansion of Octane’s acceptance network, deepen its technology stack and support the company’s growth across Egypt and the wider Middle East and North Africa (MENA) region. Cairo, Egypt: Octane, Egypt’s leading digital platform for fleet and on-road expense management, has raised US $5.2 million in a funding round led by […]

DFSA Engages Selected Firms in Next Phase of Tokenisation Regulatory Sandbox

DFSA Engages Selected Firms in Next Phase of Tokenisation Regulatory Sandbox

Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), today announced the next phase of its Tokenisation Regulatory Sandbox, beginning engagement with firms selected to join its Innovation Testing Licence programme – the DFSA’s regulatory sandbox that allows entities to test innovative financial products and […]

African remittance startup LemFi Acquires UK-based Pillar to Launch Credit Cards for Immigrants

African remittance startup LemFi Acquires UK-based Pillar to Launch Credit Cards for Immigrants

LemFi, an international payment services startup based in London, has acquired Pillar, a UK-based fintech focused on credit access for immigrants, in a strategic move that will transform financial services for immigrants. This acquisition paves the way for LemFi to launch specialised credit cards designed especially for immigrant communities, addressing one of their most persistent […]

Ottu and Mangati Partners to drive Embedded Payments in the UAE

Ottu and Mangati Partners to drive Embedded Payments in the UAE

UAE – June 16, 2025 — In a strategic move set to accelerate digital transformation in the UAE’s payments landscape, Ottu, a leading payment orchestration platform, has announced a partnership with Magnati, the region’s premier payments and technology company. The collaboration aims to scale embedded payment capabilities and deliver a seamless, unified experience to businesses […]

French-Lebanese fintech XFOLIO secures $2mln seed investment from MEVP

French-Lebanese fintech XFOLIO secures $2mln seed investment from MEVP

 XFOLIO, a next-generation wealth and treasury management platform, announced today the successful close of its $2 million Seed round, fully funded by Middle East Venture Partners (MEVP). The investment will accelerate XFOLIO’s product development, market expansion, and strategic partnerships across MENA and Europe. Founded in 2024 by serial entrepreneur Anis Rahal – previously founder of TreasuryXpress (acquired […]

Mastercard and EGBANK collaborate to expand digital payments and premium offerings

Mastercard and EGBANK collaborate to expand digital payments and premium offerings

Cairo, Egypt – EGBANK has joined forces with Mastercard to drive financial accessibility, expand digital payment adoption and introduce affluent new segments to the bank’s card portfolio. The collaboration aims to strengthen EGBANK’s strategy and reinforces its commitment to delivering convenient, seamless and secured payment experience. Mastercard will support EGBANK in developing its portfolio of debit, credit, […]

Playbook partners with FinBursa to targets investment gaps for women in the GCC region and beyond

Playbook partners with FinBursa to targets investment gaps for women in the GCC region and beyond

Playbook, the global learning and networking platform advancing the careers of women executives, has entered a strategic partnership with FinBursa, a global digital investment and fundraising platform focused on connecting capital seekers with qualified and sophisticated investors across private markets. This partnership is designed to close the information and access gap for women in investing […]