Fintech News UAE Staff

Islamabad, August 27, 2024 — In a first-of-its-kind collaboration in South Asia, Proparco, Karandaaz Pakistan, and Parwaaz Financial Services Ltd have joined forces to enhance access to finance for women-led businesses and early-stage green technology ventures in Pakistan. This strategic partnership aims to empower those who are traditionally underserved by the conventional financial system, particularly […]

Kuwait City, Kuwait – Sakan, a leading Kuwaiti real estate technology company, has announced its strategic acquisition of Hapondo, a prominent Qatari real estate marketing platform. This move marks a significant step in Sakan’s expansion strategy as it enters the Qatari real estate market, further solidifying its presence in the Gulf Cooperation Council (GCC) region. […]

Dubai, UAE – Al Maryah Community Bank (Mbank), a leading digital bank in the United Arab Emirates, has signed a Memorandum of Understanding (MoU) with the American University in the Emirates (AUE) to launch a series of academic and executive development programs aimed at university students. This strategic partnership aligns with the government of Dubai’s […]

Dubai, UAE – August 26, 2024 – Powder Beauty, the Middle East’s pioneering female-owned and operated e-commerce platform specializing in conscious beauty and wellness products, has successfully closed its pre-Series A funding round. This strategic round was led by Sara and Magnus Olsson through their newly launched venture, Sophia Collective, alongside NKHEL, the family office […]

Dubai, UAE — The global economy offers immense opportunities, but for businesses looking to expand internationally, the path can be challenging. Recognizing the need for a streamlined approach to international growth, Etihad Credit Insurance (ECI) has unveiled its latest initiative, the Xport Xponential program. This innovative program is set to revolutionize how companies approach global […]

Amman, March 2024 – Qawn, the Kingdom’s pioneering social payment app by Jordan Ahli Bank, with a user base exceeding 150,000, has announced a strategic partnership with Network International, the leading enabler of digital commerce across the Middle East and Africa. This collaboration aims to drive digital finance innovation and accelerate growth within Jordan’s financial […]

Abu Dhabi, UAE – Phoenix Group, a multi-billion dollar tech conglomerate listed on the Abu Dhabi Securities Exchange (ADX), has announced a groundbreaking collaboration with Tether, the global leader in the digital asset industry. Together, they plan to launch a stablecoin pegged to the United Arab Emirates Dirham (AED), supported by Green Acorn Investments Ltd. […]

In a move set to redefine the digital financial services landscape, FOO has announced its strategic partnership with Fimple, integrating Fimple’s core banking system with FOO’s state-of-the-art White Label digital banking solutions. This collaboration aims to enhance the capabilities of Legacy Banks, Digital Banks, Neo Banks, and Fintechs by offering a seamless integration of advanced […]

Dubai, UAE – Aramex, a global leader in logistics and transportation, has announced a strategic partnership with FlapKap, MENA’s premier revenue-based financing platform, to provide swift and flexible funding to small and medium-sized enterprises (SMEs) in the UAE. This collaboration aims to address the critical financial challenges faced by SMEs, enabling them to secure funding […]

Abu Dhabi, UAE – Gate Ventures, the investment arm of cryptocurrency exchange Gate.io, has announced a strategic partnership with the Blockchain Center in Abu Dhabi to launch a $100 million fund dedicated to accelerating Web3 innovation on a global scale. The new fund, named Falcon Gate Ventures, aims to advance decentralized infrastructure and applications while […]