Locad, a leading provider of Cloud Supply Chain-as-a-Service solutions, has raised $9 million in its pre-Series B funding round. The investment was co-led by Global Ventures and existing backer Reefknot Investments, with participation from Sumitomo Equity Ventures, Antler Elevate, Febe Ventures, and JG Summit. The funds will drive Locad’s international expansion, beginning with the UAE […]
Doha, Qatar — Ooredoo Fintech, the financial arm of Ooredoo Qatar, has announced a strategic partnership with global payments leader PayPal. This groundbreaking collaboration enables Ooredoo Money users in Qatar to seamlessly transfer funds between their wallets and PayPal accounts, while unlocking access to PayPal’s global commerce capabilities. This partnership is the first of its […]
Singapore: Bitcoin reached an all-time high of $94,078, fueled by reports suggesting that Donald Trump’s social media company, Trump Media and Technology Group (TMTG), is in advanced talks to acquire the cryptocurrency trading platform Bakkt. The surge reflects growing optimism about a crypto-friendly stance under the incoming Trump administration. The cryptocurrency, which has more than […]
ABU DHABI, UAE – PayBy Technology Projects LLC, a subsidiary of Astra Tech and one of the UAE’s leading fintech platforms, has achieved a groundbreaking milestone by securing a gaming-related license from the General Commercial Gaming Regulatory Authority (GCGRA). This marks a pivotal moment in the UAE’s journey to establish a robust and regulated commercial […]
BlackRock Inc., the world’s largest asset manager with $11.4 trillion in assets under management (AUM), has obtained a commercial license in Abu Dhabi, signaling its intent to deepen its footprint in the region. The company has also announced plans to seek regulatory approval to operate in the Abu Dhabi Global Market (ADGM). This strategic move […]
Jozo, a cutting-edge real estate fintech company, has unveiled its new digital platform in Saudi Arabia, offering individuals the chance to own fractional shares in real estate properties with unparalleled ease and transparency. This innovative platform is set to redefine property investment in the Kingdom by making real estate ownership more accessible and inclusive. With […]
Dubai, UAE: Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa, and Türkiye) region, has partnered with Mastercard to launch the Emirates NBD Wholesale Travel Solution, a cutting-edge virtual card-based B2B payment product tailored for travel agencies. This new collaboration builds on a longstanding partnership between the two companies, […]
Dubai, UAE – Popcorn AI, a leading innovator in conversational commerce, has raised $500,000 in a pre-seed funding round led by Spring Studios fund, with backing from Salica Investments, Al Waha Fund of Funds, and prominent angel investors from Saudi Arabia. This funding round marks a pivotal milestone in Popcorn AI’s journey to reshape how […]
Dubai, UAE: In a move set to enhance digital payment capabilities across the UAE, Mastercard and Network International, a leading digital commerce enabler in the Middle East and Africa, have expanded their strategic partnership to offer fast, near real-time digital payments. This collaboration leverages Mastercard’s Move platform, a robust suite of money movement solutions, to […]
SAN FRANCISCO–(BUSINESS WIRE)–Writer, a pioneering full-stack generative AI platform for enterprise applications, has announced a successful $200 million Series C funding round, elevating its valuation to $1.9 billion. Co-led by Premji Invest and Radical Ventures, with significant support from existing investor ICONIQ Growth, the funding round also saw participation from Salesforce Ventures, Adobe Ventures, B […]