Dubai: In a major leap forward for digital finance, Hubpay, a leading UAE cross-border payments platform, has partnered with Aquanow, a global digital asset infrastructure provider, to introduce the UAE’s first fully regulated crypto payments facility tailored for businesses and SMEs. This collaboration will allow businesses across various sectors – including real estate, manufacturing, and general […]
Cairo, Egypt: Mashreq – one of the leading financial institutions in the MENA region – has announced plans to extend the roll-out of its innovative digital corporate banking platform, Mashreq NEO CORP, to business customers in Egypt, after obtaining the required regulatory approvals. Mashreq’s NEO CORP digital platform, developed in partnership with Oracle and two other […]
Dubai, UAE: Building on their previous collaboration, Checkout.com and Mastercard will join forces to facilitate seamless money transfers for individuals and businesses in the UAE. Leveraging Mastercard Move’s money movement solutions, Checkout.com will enable its customers to send funds directly to Mastercard cards in a fast, convenient, and secure way. The collaboration will facilitate a wide range […]
Dubai, UAE – UAE-based venture capital (VC) firm VentureSouq has been selected as one of ten fund managers globally—and the only representative from the Middle East—to participate in the inaugural cohort of the We Fund Climate program by the International Finance Corporation (IFC). The program, aimed at supporting climate-focused VC funds in emerging markets, fosters […]
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, […]