Lillia, an AI startup transforming chronic care for a healthier world, today introduced its platform to empower individuals living with diabetes and related chronic conditions to live fulfilling lives. Lillia’s clinically proven, AI-powered platform enables healthcare providers, insurers, corporations and public sector entities to manage chronic diseases effectively. “Diabetes and related chronic conditions are the […]
Riyadh, Saudi Arabia – After going from zero to half a billion dollars in payment volume in just over 2 years in UAE, corporate card and spend management fintech Alaan has announced its expansion into Saudi Arabia. The company is launching its corporate card in the Kingdom through an exclusive partnership with Visa and neoleap. […]
Journify, a global provider of Conversion API (CAPI) and Composable Customer Data Platform (CCDP), has secured $4 million in funding. The round was led by global VC firm Silicon Badia, with participation from RZM and other strategic investors. This investment fuels Journify’s mission to empower brands with ethical, data-driven marketing solutions that drive precise audience […]
Flow48, a leading fintech revolutionizing SME lending in emerging markets, has secured a substantial $69 million in Series A funding. This investment will fuel the company’s expansion across the UAE, South Africa, and Saudi Arabia, with $10 million specifically earmarked for scaling operations within South Africa. The funding round, comprising both debt and equity financing, […]
UAE – Pinewood.AI, a leading provider of cloud retail solutions for the automotive industry, has acquired a 90.9% majority stake in UAE-based Seez, a SaaS platform specializing in artificial intelligence and machine learning-driven automotive solutions. The deal, valued at $42 million, is set to be completed by March 19, 2025, pending the successful issuance of […]
Dubai, UAE – In what is being described as the largest cryptocurrency heist in history, Dubai-based crypto exchange Bybit has lost approximately $1.5 billion (Dh5.51 billion) worth of digital assets due to a “sophisticated attack.” Despite the breach, the company has assured users that all functions remain operational and that withdrawal requests have not been […]
Introduction Living in an extremely dynamic world of innovation and economy, the UAE holds a young and ambitious population. With its count of over 40% of young residents below the age of 30, the future of the country greatly depends on the empowerment of this generation in developing the skills to deal with the rapidly […]
Qatar has imposed a 90% reduction on business set-up fees for entities looking to operate at the country’s financial hub, as part of efforts to lower entry barriers for entrepreneurs. The Qatar Financial Centre (QFC) confirmed on Monday that the application fee for licensing an entity on its platform has been dropped from $5,000 to […]
Dubai: Payments company Cashfree Payments, which processes USD 80 billion in payments annually today said it has raised USD 53 Million in funding, a part of which will help accelerate its expansion and market presence in the UAE and the Middle East region, a rapidly growing hub for digital payments and financial innovation. The funding […]