Algiers, Algeria – LabLabee, an innovative Algerian edtech startup, has successfully raised $3.4 million in seed funding to drive the adoption of 5G, cloud, and AI technologies across the telecommunications and industrial sectors. The funding round was led by Reach Capital, with significant participation from Classera and existing investors Brighteye Ventures and e& capital. The […]
LONDON, United Kingdom, September 18, 2024/ — Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions. PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the […]
Nubank, one of the world’s largest digital banks with over 100 million customers, is exploring opportunities to expand into the Middle East and North Africa (MENA) region, targeting key markets like Saudi Arabia and the UAE. The move comes as the region undergoes rapid digital transformation and experiences increasing demand for innovative fintech services. Already […]
شركة قرضي توقع شراكة مع شركة وسيلة لتمويل التشطيبات المنزلية في مصر القاهرة، مصر – 18سبتمبر 2024 تفتخر قرضي و هي أول منصة إلكترونية في مصر ومنطقة الشرق الأوسط وشمال إفريقيا تسمح للمؤسسات المالية بتمويل الشركات المتناهية الصغر والصغيرة والمتوسطة (MSMEs)، بالإعلان عن شراكتها مع شركة وسيلة لإطلاق منتج جديد يهدف إلى توفير التمويل الاستهلاكي […]
Dubai, UAE – Ctrl Alt, a leading financial engineering and tokenization platform, has officially launched in the UAE, marking its entry into the MENA region. With its headquarters in the UK and Ireland, Ctrl Alt’s expansion into the Emirate of Dubai is driven by the city’s strategic push to integrate tokenized assets across various sectors. […]
Lahore, Pakistan, September 2024 – Noman Azhar, Chief Officer of Zindigi, powered by JS Bank, has been honored with the prestigious title of “Digital Leader of the Year” at the 2024 Pakistan Digital Awards. This accolade recognizes his pivotal role in transforming Pakistan’s digital banking and fintech sectors, as well as his efforts in revolutionizing […]
Dubai, UAE – GSS, a leading provider of innovative technology solutions, and XSquare, a pioneer in B2B payments, have announced a strategic partnership aimed at implementing cutting-edge open banking and real-time B2B payment solutions in the United Arab Emirates (UAE). This collaboration is set to empower financial institutions and businesses of all sizes in the […]
Seez, a leading UAE-based automotive SaaS company, has announced securing a $4.2 million investment to fuel its ambitious expansion into the United States market. Renowned for its proprietary technology, Seez has developed a diverse portfolio of AI-driven solutions, including Seezar, an AI chatbot designed to revolutionize customer interactions within the automotive industry. As one of […]
Revolut Ltd., the London-based digital banking giant, is making significant strides toward entering the Middle East as part of its global expansion strategy. According to sources close to the matter, the fintech company has submitted applications to the Central Bank of the United Arab Emirates (CBUAE) for licenses to operate as an electronic-money institution and […]
The UAE and Saudi Arabia are witnessing a significant shift toward digital payments as consumers increasingly adopt modern shopping trends, according to the latest analysis from Checkout.com. The data highlights a marked rise in online shoppers, the growing popularity of Buy Now, Pay Later (BNPL) options, and increased consumer confidence in sectors such as travel. […]