Cairo, Egypt – Telda and Mastercard Egypt’s unified financial experience have joined forces to introduce a new integrated solution in Egypt, seamlessly connecting everyday payments and investment wallets within the Telda app, marking a major step toward a fully unified digital ecosystem. Leveraging Mastercard’s advanced technology, Telda is transforming financial services into an experience that is […]
DUBAI, UAE – Despite significant advances in financial technology over the last decade, the movement of money remains fragmented. Global cross-border payment flows now exceed $200 trillion annually as indicated by the International Monetary Fund (IMF), while businesses collectively incur more than $250 billion in fees associated with international transactions. At the same time, access to credit remains uneven, settlement […]
Zuvees, an AI-powered global gifting platform, has raised $1.6 million from IvyCap Ventures as part of its ongoing Series A funding round. The investment will support the company’s next phase of growth, including the expansion of its international footprint, enhancement of its AI-driven capabilities, and scaling of its gifting services for both businesses and consumers. Zuvees […]
Cairo, Egypt – MNT-Halan secures strategic investment, Egypt and MENA’s first fintech unicorn, announced the successful first closing of an investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt (NBE), following the completion of all necessary approvals from the relevant regulatory authorities. The transaction marks a significant milestone […]
AMMAN, Jordan – Jordanian AI founder and researcher Mohammad Alsufi has sold AI-native education platform NoNerds to JoAcademy in a deal valued at $140,000 USD, marking one of the youngest startup acquisitions in the region’s emerging AI sector. NoNerds built an AI-native education marketplace where students and instructors create and sell courses while the platform’s AI […]
Standard Chartered has received approval from the Capital Market Authority (CMA) for Standard Chartered Capital Saudi Arabia to undertake Investment Management and Operating Funds activities in the Kingdom. The approval enhances the Bank’s ability to provide onshore investment management and fund operations capabilities in Saudi Arabia, supporting institutional clients as investor participation and capital market […]
With a reported valuation approaching $2 trillion. Dubai: SpaceX IPO strategic investment, anticipated public listing is shaping up to be more than another high-profile technology IPO. With a reported valuation approaching $2 trillion, the company’s expected Nasdaq debut could become a defining moment for investors seeking exposure to the infrastructure underpinning the next wave of […]
Anthropic names KPMG as a preferred consultant for Private Equity KPMG’s 276,000+ global workforce provided access to Claude. KPMG and Anthropic announced a global alliance, bringing Anthropic’s frontier AI directly into KPMG’s client delivery platform. The alliance will initially focus on tax clients and private equity firms, enabling clients to build agentic workflows in real […]
Dubai, UAE – Cryptocurrency exchange Bybit has launched IPO Express, a new platform designed to provide retail investors with access to initial public offerings (IPOs) at the offer price through tokenized shares, with SpaceX becoming the first company available on the platform. The new service is powered by xStocks, a tokenization framework operated by Payward, […]
From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]