Dubai, UAE – Fasset, a UAE-based fintech platform, has officially launched IOWN, a groundbreaking Ethereum Layer 2 (L2) blockchain designed to revolutionize Real World Asset (RWA) ownership. The launch comes on the heels of Fasset securing a Credit Token License from the Labuan Financial Services Authority (Labuan FSA) in Malaysia, the regulator of the Labuan […]
Hub71 startups, Fuze and Bit2Me Partners to Enhance Digital Assets Infrastructure Between Latin America, Europe, and the Middle East
Abu Dhabi, UAE: Hub71-based startups, Fuze, a pioneering provider of digital assets infrastructure in the MENA region, and Bit2Me, a leading Spanish digital assets company, have signed a landmark strategic partnership aimed at enhancing digital assets infrastructure connectivity across Latin America, Europe, and the Middle East. The agreement was formalized at Hub71, Abu Dhabi’s global […]
Ooredoo Qatar partners with Landmark Group Shukran loyalty program to offer enhanced benefits for members
Doha, Qatar – Ooredoo Qatar, the nation’s leading telecommunications provider, has announced an exciting new partnership with Landmark Group’s Shukran Loyalty Program, one of the Middle East’s premier retail loyalty initiatives. This collaboration aims to deliver unprecedented value and convenience to Ooredoo’s Nojoom and Al Nokhba members. As part of this strategic alliance, members can […]
Zambian neobank Lupiya partners with Network International to launch Card Product
LUSAKA, Zambia, September 12, 2024/ — Network International (Network) (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East, has announced that Zambian fintech and neobank, Lupiya, has appointed Network as their digital payments technology partner to launch a new debit card. The solution includes the launch of a debit card that […]
Exits MENA Partners with Google to Launch “NAQLA” Investment Readiness Program for MENA Startups
Exits MENA, a leading consultancy specializing in structuring and advisory services for startups and SMEs across the Middle East and North Africa (MENA) region, has announced a strategic partnership with Google to launch the “NAQLA” investment readiness program. This initiative aims to accelerate the growth of regional entrepreneurs and startups, equipping them with the skills […]
Oman-based cloud kitchen IO Kitchens Secures $2.8 Million Seed Funding Round
Muscat, Oman – September 2024: IO Kitchens, Oman’s leading cloud kitchen startup, has successfully raised $2.8 million in seed funding, marking a significant milestone in the company’s growth trajectory. The funding round was led by the Tanmia Small-Cap Fund, with participation from a range of family offices and regional investors, underscoring confidence in IO Kitchens’ […]
UAE NymCard Partners with Mastercard to Offer Global Money Transfers from the UAE
Dubai, UAE; 11 September 2024 – NymCard, a certified principal member of Mastercard’s payment network and a leading Banking-as-a-Service (BaaS) provider, has announced a strategic partnership with Mastercard to enable fast, secure global money transfers from the UAE to 47 countries through a single, seamless connection. This collaboration will enhance NymCard’s BaaS platform by leveraging […]
Digital Assets platform XBTO Secures In-Principle Approval from Abu Dhabi Global Market (ADGM), Eyes UAE Expansion
10 September 2024, Bermuda – XBTO, a leading global institutional digital assets company, has announced that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate in the United Arab Emirates (UAE). This approval underscores the growing importance of the Middle East as a […]
Lune Technologies and AFS Unite to Enhance Financial Data Services for MEA Banks
Manama, Bahrain – September 2024 – Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, has announced a strategic partnership with Lune Technologies, a UAE-based leader in financial data analytics and enrichment. This collaboration, leveraging the strengths of both AFS and Lune, is poised to […]
Egypt Paymob Secures $22 Million Series B Extension, lead by EBRD Venture Capital
Cairo, Egypt – September 11, 2024: Paymob, a leading fintech company in the Middle East and North Africa (MENA), has announced the successful completion of a $22 million Series B extension round, bringing the total Series B funding to $72 million. The round was led by EBRD Venture Capital, with participation from Endeavor Catalyst, and […]