[Dubai, June 25, 2024] – OCTA is thrilled to announce a groundbreaking partnership with Mamo, aimed at revolutionizing the way businesses handle their accounts receivable. This collaboration seamlessly integrates Mamo’s cutting-edge payment solutions directly into OCTA’s robust accounts receivable platform, offering users a more streamlined and intuitive transaction experience. “We are excited about this partnership […]
Euronet and Fintech Galaxy Partner to Launch Banking-as-a-Service for Banks, Fintechs, and Merchants in MEA Region
Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, and Fintech Galaxy, a leader in Open Banking and financial innovation, today announced a partnership focused on enhancing Open Banking-based payment processes. The partnership includes complete payment processing capabilities and open banking services delivered through a new Banking as a Service (BaaS) offering for banks, […]
ZOTH Partners with InvoiceMate to Revolutionize TradFi Assets and DeFi Liquidity
ZOTH, a leading platform in institutional-grade fixed-income marketplaces, has announced a strategic partnership with InvoiceMate, aiming to transform traditional finance (TradFi) assets into tokenized real-world assets (RWAs) and provide them with decentralized finance (DeFi) liquidity. InvoiceMate: A Rising Star in Decentralized Invoice Financing InvoiceMate, recognized by Deloitte as a rising star, is a decentralized invoice […]
Qatar Ooredoo Group Partners with NVIDIA to Pioneer AI Revolution in MENA Region
Ooredoo Group today announced it is becoming an NVIDIA Cloud Partner (NCP), aligned with its strategy of becoming the leading digital infrastructure provider in the MENA (Middle East and North Africa) region. Through this collaboration, Ooredoo is leveraging NVIDIA’s advanced accelerated computing platform to help enable the AI revolution in the region. Capitalising on the […]
Seafood Souq partners with Newsan Food to Revolutionize Seafood Trade in the GCC
DUBAI – Dubai-based Seafood Souq has announced an exclusive partnership with Argentine seafood supplier Newsan Food, marking a significant milestone in direct seafood exports from Argentina to the Gulf Cooperation Council (GCC) region and beyond. This strategic alliance, unveiled in a recent press release, grants Seafood Souq a unique commercial privilege, positioning it as the […]
Stake, a Real Estate investment Platform joins Dubai Land Department’s Pioneering Initiative ‘REES’ to Transform Real Estate Investment Landscape
Dubai, June 20, 2024 – The Dubai Land Department (DLD) has announced the inclusion of the ‘Stake‘ real estate investment platform into its Real Estate Evolution Space Initiative (REES). This initiative aims to position Dubai as a global leader in real estate technology and artificial intelligence, expanding property accessibility and ownership opportunities while increasing community […]
Magnati Announces Acceptance of Jaywan Card across its Merchant Network
Abu Dhabi, UAE – 13 June 2024: Magnati, a leading payments solutions provider in the Middle East region, has partnered with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, to enable acceptance of the newly launched Jaywan card on the payment terminals offered by Magnati to its merchants. Jaywan is the […]
UAE-Based Shorooq Partners Makes First Investment In Türkiye By Leading A US$5 Million Seed Round In Traveltech Startup Roamless
Dubai, UAE – Shorooq Partners, the UAE-based alternative investment manager renowned for its investments across the MENA region, has made its first foray into Türkiye’s entrepreneurial ecosystem. The firm led a $5 million seed round in Roamless, a traveltech startup aiming to revolutionize travel connectivity. The seed round also saw significant participation from notable venture […]
NOW Money Secures $4 Million in Investment for Business Expansion and Technological Advancements
Dubai, UAE – June 12, 2024 – NOW Money, a leading inclusive banking and payroll FinTech company, has successfully closed a $4 million equity round. This investment marks the second round of funding since the company’s acquisition led by Mark Nutter and Nicolas Andine in 2023. NOW Money is dedicated to providing secure digital banking […]
Tenderd secures $30mln in Series A funding led by A.P. Moller Holding
Tenderd, a global leader in digital transformation for heavy equipment management and operations, has successfully closed a $30 million Series A funding round. The round was led by A.P. Moller Holding, the $32 billion investment arm of the A.P. Moller Group, which includes A.P. Moller – Maersk. New investors Quadri Ventures and Saurya Prakash, a […]