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, 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 […]
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, 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 […]
– 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 […]
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 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, 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
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, 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 […]