Manama, Bahrain – September 2024 – Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, has announced a strategic partnership with Lune Technologies, a UAE-based leader in financial data analytics and enrichment. This collaboration, leveraging the strengths of both AFS and Lune, is poised to […]
Cairo, Egypt – September 11, 2024: Paymob, a leading fintech company in the Middle East and North Africa (MENA), has announced the successful completion of a $22 million Series B extension round, bringing the total Series B funding to $72 million. The round was led by EBRD Venture Capital, with participation from Endeavor Catalyst, and […]
In the Presence of the Egyptian Consul General in Dubai: Contact Opens Its First Branch in Dubai and Launches “Contact Credit” as Part of Its Regional and International Expansion Cairo, Egypt, September 10, 2024 Contact Financial Holding, Egypt’s leading non-banking financial services provider, has taken a significant step toward international expansion by opening its first […]
Abu Dhabi, 5 September 2024 – In a landmark move to solidify the UAE’s position as a global hub for virtual assets, the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority (VARA) have signed a cooperation agreement. This partnership aligns with the UAE’s long-term vision under the ‘Principles of the 50’ to […]
Abu Dhabi, UAE — Etihad Credit Bureau (ECB), the federal entity specializing in data technology and credit reporting, has announced a strategic collaboration with Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company, and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI]. This partnership aims to streamline access to credit reports […]
UAE-based fintech platform FlapKap has successfully raised $34 million in a funding round combining debt and equity, bringing its total funding to $37.6 million. The fundraising round was led by BECO Capital, with participation from new investor Pact VC. Existing backers, including A15, Nclude, and QED Investors, also joined the round, alongside debt financing provided […]
Dubai, UAE – September 2024: Network International, a leading digital commerce enabler in the Middle East and Africa, has announced a strategic partnership with ruya, the UAE’s digital-first Islamic community bank, to revolutionize Islamic banking with cutting-edge digital payment solutions. The collaboration will enable ruya to offer customers an enhanced, secure, and seamless digital banking […]
Empowering users to spend cryptocurrencies directly from self-custodial wallets at over 100 million merchants across Europe. Mastercard, the global payments giant, has announced a groundbreaking partnership with Mercuryo to launch a euro-denominated cryptocurrency debit card. This innovative product enables users to spend their digital assets directly from self-custodial wallets at more than 100 million merchants […]
Riyadh, Saudi Arabia – In a landmark development aimed at driving innovation in the financial industry, DiXiO and SAB Bank have officially signed a framework agreement to collaborate on several key projects centered around Swift and ISO 20022 financial messaging standards. The agreement was signed during the prestigious 24Fintech event, a leading platform that brings […]
Dubai, UAE : Network International (Network), a leading enabler of digital commerce across the Middle East and Africa, has announced a strategic referral partnership with Zand, the UAE’s first fully digital bank. This collaboration aims to enhance and expand financial services for fintechs and startups across the region, aligning with the UAE’s ambition to become […]