December 19, 2024 Dubai: Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic partnership agreement with TerraPay, a global money movement company, to drive efficiency, reliability, and affordability in international money transfers and promote financial inclusion. This collaboration is set to expand WSE’s payment channels via TerraPay’s network, making […]
Dubai, United Arab Emirates – Skiply, the educational mobile payment app powered by RAKBANK, in partnership with Visa, a global leader in digital payments, has officially launched the “Visa Installments Solution (VIS)” for school payments in the UAE. The innovative payment option allows Visa credit cardholders from eligible banks to break down school fees into […]
The two companies will provide digital payment, embedded credit and integrated supply chain finance solutions to small businesses. December 19, 2024 Dubai, UAE: Mastercard and Boost, the business-to-business (B2B) commerce platform, have partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG) distribution networks – the final stage of supply […]
Electronic wallets are gaining traction, with 11,077 new wallets issued throughout the year. Staff Writer, Times of Oman December 19, 2024 Muscat: Debit cards have emerged as the dominant force in Oman’s payment landscape, accounting for a remarkable 93% of all newly issued cards in 2023. According to the 2023 Central Bank of Oman (CBO) National Payments […]
Collaboration focuses on expanding access to seamless, secure, and innovative payment solutions across Eastern Europe, the Middle East, and Africa and Mastercard will make a minority investment in Dgpays as part of this partnership. 18 December 2024, Turkey – Mastercard has announced a strategic partnership with Dgpays, a leading financial technology provider, to advance the adoption […]
Dubai, December 18, 2024 — Crypto.com has today announced the appointment of Mohammed Al Hakim as President of its UAE operations, underscoring the company’s commitment to regional growth and diversity. Al Hakim’s hiring marks the first time a GCC and Emirati national takes on this prestigious role, not only within the company but also in the […]
The Hashgraph Association (THA) to contribute the first $20 million to the fund, targeting strategic investments in both start-ups and enterprises seeking to adopt and innovate through advanced technologies such as Artificial Intelligence, Blockchain/DLT, Robotics, and Quantum Computing. Abu Dhabi UAE December 18, 2024: The Hashgraph Group (THG), the Swiss-based international business, technology, and investment […]
Abu Dhabi, UAE – December 18, 2024 – Anghami Inc. (NASDAQ: ANGH) has announced securing a significant new funding round of up to $55 million from OSN Group, with an initial investment of $12 million in a convertible note program. This milestone marks a major step forward in Anghami’s mission to revolutionize digital entertainment in […]
Dubai, United Arab Emirates – In less than two years since its launch, UAE-founded Revibe, the leader in guarantee-backed refurbished tech, has marked another milestone, having recently closed its Series A of US$7 million in a round co-led by ISAI and Resonance, and featuring prominent investors such as Kima Ventures and Edouard Mendy. This follows a […]
$1 billion of yield-bearing gold to be tokenized within the first year. Dubai, UAE – Fasset, a digital asset platform focused on enhancing financial inclusion in high-growth markets, today announced the introduction of ORO, the first application built on its Ethereum Layer 2 network, Own, in partnership with The Own Foundation. Through tokenization, ORO users will be […]