Dubai, United Arab Emirates – Pemo, the Dubai-based spend management platform, has successfully closed a $7 million Pre-Series A funding round as it advances its strategic growth across the Middle East. This milestone comes after two years of exceptional performance in the UAE, with Pemo achieving an impressive AED 1.4 billion in annualized transactions. The […]
Dubai, United Arab Emirates, 12 November 2024 – Mastercard has joined forces with Tap Payments, a leading payment technology provider in the Middle East and North Africa, to introduce the world’s first ‘Click to Pay with Payment Passkey’ service. This innovative solution promises to enhance the security and convenience of online shopping by eliminating the […]
Dubai, UAE — Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance service, now enabling UAE residents to transfer money to Spain, Italy, France, Ireland, and Germany. This latest expansion adds five new European countries to Careem Pay’s growing list of remittance corridors, with further European […]
Bitcoin surged to a new all-time high of $89,640 early Tuesday, edging closer to the highly anticipated $90,000 mark as investors ramp up bets on Donald Trump’s return to the White House after his decisive victory in last week’s U.S. presidential election. The cryptocurrency market has rallied strongly, with Bitcoin gaining approximately $8,600—an 11% increase—in […]
DUBAI – Talabat, the MENA region’s leading food and grocery delivery platform operated by Delivery Hero (DHER.DE), has launched an initial public offering (IPO) with plans to focus on strong growth across its existing markets, according to CEO Tomaso Rodriguez. Rather than pursuing new territories like Saudi Arabia, Talabat intends to expand its offerings within […]
NEW YORK—October 10, 2024—UnifyApps, the Unified Enterprise AI Agent platform, has announced the successful closing of a $20 million Series A funding round led by ICONIQ Growth, with continued support from existing investor Elevation Capital. The funding round also brings ICONIQ Growth General Partner Matt Jacobson onto UnifyApps’ board of directors. With this latest investment, […]
Singapore – Bitcoin reached a record high above $81,000 on Monday amid a growing belief that cryptocurrencies could thrive under a favorable regulatory environment in the United States following Donald Trump’s recent election as President, along with the success of pro-crypto candidates in Congress. The world’s largest and most popular cryptocurrency has more than doubled […]
RIYADH – November 11th, 2024 – Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General Catalyst, a renowned Silicon Valley-based venture capital group. The round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, among others. This brings Lean’s total funding to […]
London – Bitcoin surged to a new all-time high on Sunday, topping $80,000 as traders speculated that Donald Trump’s potential return to the White House could boost the digital currency’s prospects. The cryptocurrency’s rapid climb reflects investor confidence in the former president’s pro-crypto stance, with many expecting his policies to foster growth in the sector. The […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange provider and a subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with MEX Global Financial Services LLC, a part of the globally renowned MultiBank Group. This alliance will enable customers to conduct deposits and withdrawals for their trading […]