Enabling Comera Pay customers to seamlessly send cross-border remittances from the UAE to over 200 countries. Dubai, UAE – MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, today announced a strategic partnership with Comera Pay, the all-inclusive suite of digital payment services in the UAE , from Comera Financial Holding Ltd., […]
Bitcoin Surges Past $100,000 Cementing Role in Financial Mainstream
Bitcoin crossed the $100,000 threshold for the first time on Thursday, marking a significant milestone in its journey from a niche libertarian experiment to a mainstream financial asset. The historic rally reflects growing investor confidence in cryptocurrencies amid expectations of a crypto-friendly U.S. administration. The total market value of cryptocurrencies has nearly doubled in 2024, […]
Zero One Hundred Signs Agreement to Connect CEE Startups with UAE Investors
Central and Eastern Europe ~ Last week, Dusan Duffek, Managing Director of Zero One Hundred, a VC fund with offices in Slovakia, Czechia, Cyprus and the UAE, signed a Memorandum of Understanding (MoU) with Investopia, the UAE investment platform chaired by H.E. Abdullah Bin Touq Al Marri, the UAE Minister of Economy. The agreement seeks to strengthen […]
Crypto.com and Mastercard Collaborate to Scale the Digital Payments Industry in GCC Region
Bahrain, December 4, 2024 – Crypto.com has secured a principal licence with Mastercard, enabling the company to directly issue cards on Mastercard’s network. Crypto.com will launch a card in Bahrain powered by Mastercard. The new programme will leverage Mastercard’s trusted, scalable and secure payments network to enable Crypto.com customers to use their card at over 150 […]
UAE-Based Playgama Secures $3 Million funding to Revolutionize HTML5 Gaming Distribution
Dubai, UAE – Playgama, a game-tech startup based in the UAE, has raised $3 million in a funding round led by The Open Platform and s16vc, with participation from FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit. This funding will support Playgama’s mission to empower HTML5 game developers […]
Doha Bank Becomes First in Qatar to Launch Mastercard Move, Revolutionizing Cross-Border Payments
Doha, Qatar – December 3, 2024: Doha Bank, one of Qatar’s leading financial institutions, has announced a groundbreaking partnership with Mastercard to introduce Mastercard Move, making it the first bank in the country to launch this innovative payment solution. This strategic collaboration underscores Doha Bank’s commitment to digital banking excellence, delivering seamless, secure, and efficient […]
Tencent Weixin Palm Scan Payments System Revolutionizes Transactions in China
China has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched in September, the […]
MyFatoorah and Mastercard Partner to Revolutionize Middle East E-Commerce Payments
Through this partnership, MyFatoorah will deploy state-of-the-art payment solutions to enhance the customer experience for its 75,000+ merchants in the region. Dubai, UAE: MyFatoorah, a leading payments platform and the only payment service provider (PSP) licensed in all GCC countries offering payment solutions across the Middle East, has announced its strategic collaboration with Mastercard to introduce […]
Reem Finance partners with Temenos to launch Digital Community Bank in the UAE
GRAND-LANCY, Switzerland – NOVEMBER 28, 2024 – Temenos (SIX: TEMN) today announces that Reem Finance, a leading corporate and retail finance specialist licensed and regulated by the UAE Central Bank, has selected Temenos to power a new digital community bank in the United Arab Emirates. The move to Temenos’ cloud-based solution is part of Reem Finance’s […]
Magnati partners with Aafaq Islamic Finance to support SMEs with embedded financial solutions
Abu Dhabi, UAE – Magnati, a leading payment solution provider in the Middle East, has partnered with Aafaq Islamic Finance, an innovative digital Islamic finance provider, to launch an embedded financial solutions platform designed to support SMEs in the UAE. The platform offers a range of tailored financial services, that could help enable SMEs to […]