Worldwide Cash Express, a leading global provider of money transfer services and a subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), today announced a strategic partnership with TerraPay, a global money movement company. This collaboration aims to enhance cross-border payment solutions, offering clients faster, more secure, and cost-effective services. The partnership allows Worldwide Cash […]
Mamo Partners with Chargeblast to Combat Chargebacks for Online Merchants
Mamo, a leading financial technology company, is excited to announce its new partnership with Chargeblast, an innovative online solution designed to help merchants significantly reduce chargeback rates through early detection. This collaboration marks a significant advancement for businesses seeking to protect their revenue streams in the online payment landscape. Chargebacks remain the single biggest cause […]
Fintech Galaxy and Yabx Partner to Enhance Financial Inclusion in MENA Region with Open Banking-Enabled Lending
– The partnership aims to improve access to financial services for underserved segments in the MENA region through innovative digital lending solutions.– Fintech Galaxy’s FINX Connect will streamline Yabx’s lending processes, enhance credit assessments, and speed up loan approvals.– The use of FINX Connect is expected to improve operational efficiencies and recovery of debts by […]
SkipCash Announces Strategic Partnership with Techno Q to Revolutionize Customer Payment Experience
Doha, Qatar – June 10, 2024 – SkipCash, a pioneering digital payment solution, proudly announces a strategic partnership with Techno Q, one of the leading technology services providers. This collaboration aims not only to simplify the customer payment experience but also to optimize the collection process and enhance integration capabilities. This partnership marks a significant […]
Dubai-based Fintech Stake Raises $14 Million in Series A Round Led by MEVP to grow its fractional real estate investment platform
Dubai-based fintech startup Stake has announced the successful closure of a $14 million Series A funding round led by Middle East Venture Partners (MEVP). The round saw participation from prominent investors including Aramco’s Wa’ed Ventures, Mubadala Investment Company, Al Jomaih Holding, and Republic, a US-based investing platform. This latest funding round brings Stake’s total disclosed […]
Majid Al Futtaim expands Partnership with Checkout.com To Revolutionise E-Commerce across the Middle East
Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced a new partnership with Checkout.com. Image courtesy: Majid Al Futtaim
du Pay Partners with Visa to Launch Innovative Prepaid Cards in the UAE
In a groundbreaking move to advance the digital economy and enhance financial inclusion across the UAE, du Pay has announced its strategic partnership with Visa. This collaboration will see the introduction of cutting-edge prepaid Visa cards, available exclusively through the du Pay app. These new Visa prepaid cards are designed to provide secure, accessible, and […]
Elevate to increase MENA presence after securing $5 million pre-Series A
Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company’s statement, which does not name the investors. Elevate, the fintech company based in London and Dubai, has secured $5 million in a pre-Series A funding round. Elevate has already attracted over 150,000 users from Asia […]
Mastercard and OPay Expand Partnership to Offer Personalized Digital Banking Services in Egypt
Mastercard has announced a strategic collaboration with OPay, a leading financial services provider in the Middle East and North Africa (MENA) region, to deliver innovative banking solutions tailored to the diverse needs of the Egyptian market. This partnership aligns with the Central Bank of Egypt’s vision to digitize the economy and extends the previous efforts […]
Zand Bank and MANTRA Ink MOU to Streamline the Process of Asset Tokenization and Distribution of Real-World Assets
Zand Bank PJSC, the digital bank licensed by the Central Bank of the UAE, and MANTRA, an RWA-focused Layer 1 blockchain, have signed a Memorandum of Understanding (MOU) to streamline the process of real-world asset tokenization, including the identification, listing and distribution of RWAs. The collaboration between these two entities will also focus on developing […]