Abu Dhabi, UAE – Fuze, one of the Middle East’s fastest growing financial infrastructure providers, has received approval from the Central Bank of the UAE (CBUAE) for a Retail Payment Services and Card Schemes (RPSCS) license. Fuze Group, through its subsidiary Niobe Payment Services LLC SPC, is now both a fully licensed operator for digital assets […]
Moroccan regtech startup VOVE ID has secured new investment from The Baobab Network to accelerate its growth across Africa and the Middle East. The funding (amount undisclosed) marks a key milestone for the high-end digital identity verification company, which launched earlier this year and has already gained rapid traction with its secure, AI-driven Know Your Customer (KYC) […]
In a bold move to transform cash flow for small and medium businesses, Comfi, the UAE-based B2B embedded finance platform, has announced a strategic partnership with Wafeq, one of the GCC’s leading and fastest-growing accounting software providers. Through this collaboration, Wafeq users can now turn their outstanding invoices into working capital in just a few […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has launched the new Cardless Cash Withdrawal feature through the ADIB Mobile App, allowing customers to withdraw cash from ADIB ATM without the need for a physical debit card and quickly and securely send cash to friends and family, including non-ADIB customers, through […]
Dubai, UAE – Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal United Arab Emirates stock markets – becoming one of the first major trading platforms to do so. In a move that reflects growing interest in the region’s economy, Capital.com is providing full […]
Capital Bank has signed a strategic partnership agreement with Falcons Soft, a leading provider of IT solutions, to expand the reach of electronic point-of-sale (POS) systems across Jordan and offer advanced e-payment services to a wider network of merchants. Through this agreement, Falcons Soft will be able to offer electronic payment acceptance and POS services […]
Source: Business Recorder AI fintech Metric announced a seven figure seed round to grow their offering across the Gulf region and Asia. The company told Business Recorder it is not revealing the exact amount at this stage. Founded in 2022 by Pakistani couple Meenah Tariq and Omar Parvez, along with the company’s CTO Dr Habiba, Metric said […]
Abu Dhabi – Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the signing of strategic co-badging agreements with leading international card schemes, including Discover®️, Mastercard, UnionPay and Visa. These agreements enhance Jaywan, the UAE’s Domestic Card Scheme, by enabling international transactions while ensuring a strong and efficient domestic payment network. With these […]
The United Arab Emirates has announced plans to introduce a new digital identification system that will eliminate the need for physical Emirates ID cards, marking a major step in the country’s digital transformation agenda. According to Khaleej Time, the service set to be fully deployed within the next year, the system will use facial recognition […]
The partnership expands eBay’s global payment platform capabilities to enhance customer experience and drive operational efficiencies San Jose and London — 16 April 2025 — eBay, a global commerce leader that connects millions of buyers and sellers around the world, today announced its strategic partnership with Checkout.com, a leading global digital payments platform. Through this partnership, […]