LONDON AND ABU DHABI — Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region. Checkout.com aims to roll out domestic card issuance in the region in 2026, pending regulatory approval. This […]
Standard Chartered and OKX launch world-leading Collateral Mirroring Programme
London, Dubai – Standard Chartered and OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading. This initiative significantly enhances security and capital efficiency for institutional clients by using a […]
HEC Paris, Doha collaborates with Mastercard: Unveiling the Mastercard Fellowship Program in AI
Doha, Qatar – 10 April 2025: HEC Paris, the world’s top-ranked business school for Executive Education, has entered into a strategic engagement with Mastercard, becoming the official academic collaborator for Mastercard’s executive education programs in Qatar. The collaboration was officially marked by a signing ceremony at HEC Paris’ state-of-the-art Doha campus, reinforcing a shared commitment to […]
Visa bridges passion for innovation, fintech and football at GITEX Africa 2025
Cairo, Egypt – Visa, a global leader in digital payments, is proud to announce its participation as the Financial Innovation Partner at GITEX Africa 2025, set to take place from April 14 to 16 in Marrakech, Morocco. This premier event will spotlight the transformative power of technology and investment opportunities across the African continent. Visa’s […]
Al Ansari Financial Services Completes Acquisition of BFC Group, Becoming the Largest Non-Banking Financial Services Provider in the GCC
Dubai, UAE: Al Ansari Financial Services PJSC (“AAFS” or “the Group”), one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange, today announces the successful completion of its acquisition of BFC Group Holdings (“BFC”), after receiving all the required regulatory approvals, solidifying its position as the largest non-banking […]
Avaloq opens new office in DIFC to drive digital transformation in Middle East financial services
Dubai, United Arab Emirates: Avaloq, a leader in private banking, wealth management and investment management technology, has inaugurated its new regional office in the Dubai International Financial Centre (DIFC). This strategic expansion follows the signing of InvestGB, the wealth and investment management arm of Gulf Bank, and the recent addition of another major client in the […]
Mashreq Partners with Goldman Sachs Asset Management to Elevate Wealth Management Offerings in UAE
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, is pleased to announce a partnership with Goldman Sachs Asset Management. The new collaboration will enable Mashreq to provide discretionary services to its wealth management customers with an access to a range of discretionary portfolios, aligning with the bank’s aim of delivering a superior […]
Rentify, UAE’s game-changing FinPropTech startup, secures $500,000 pre-seed funding
Dubai, UAE – Rentify, a cutting-edge fintech & proptech startup, has launched in the UAE, bringing a seamless, tech-driven rental experience to landlords and tenants. With AED 1.5 billion in property value already signed up and scaling up rapidly, Rentify is set to redefine the rental ecosystem with its flexible payment solutions, AI-powered platform, and automated […]
Morocco’s PayTic Secures $4mln Funding to Scale Payments Solutions Across Africa
Moroccan fintech startup PayTic has raised $4 million in funding to advance its payment automation solutions and facilitate expansion into North and Sub-Saharan African markets. AfricInvest led the funding round alongside Build Ventures, Axian Group, Mistral, Island Capital Partner, and Concrete. “This significant investment is a powerful validation of PayTic’s mission and the transformative impact […]
Bitget to Burn $120 Million worth of BGB for Upcoming Quarterly Burn
Global, April 9, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a significant update to the burn mechanism of Bitget Token (BGB). This enhancement introduces a utility-based model that ties BGB’s quarterly burn amount to its on-chain usage, signifying the token’s evolution towards higher transparency, compliance, and sustainable token value. To […]
