Dubai, UAE – August 28, 2024 – Finanshels.com, a leading financial services platform, is excited to announce a strategic partnership with FlapKap, a pioneer in providing innovative financing solutions for customer-facing SMEs. This collaboration aims to revolutionize how small and medium-sized enterprises (SMEs) in sectors like retail, e-commerce, restaurants, and agencies access the capital they […]
Dubai-based Web3 Streaming Platform, Myco, Secures $10 Million in Series A Funding
Dubai, UAE – Myco, a UAE-based Web3 streaming platform, has successfully completed the first closing of its Series A funding round, raising $10 million from a diverse group of prominent venture investors across MENA, North America, and Europe. The round was backed by key participants including Daman Investments, Aptos Labs, B Digital, Mocha Ventures, Art3 […]
Karandaaz Pakistan, Proparco and Parwaaz Financial Services Partners to Advance Gender and Climate Finance in Pakistan – Fintech News Pakistan
Islamabad, August 27, 2024 — In a first-of-its-kind collaboration in South Asia, Proparco, Karandaaz Pakistan, and Parwaaz Financial Services Ltd have joined forces to enhance access to finance for women-led businesses and early-stage green technology ventures in Pakistan. This strategic partnership aims to empower those who are traditionally underserved by the conventional financial system, particularly […]
Kuwait-based proptech Sakan Acquires Qatari Real Estate Platform Hapondo, Expanding Its Footprint in the GCC
Kuwait City, Kuwait – Sakan, a leading Kuwaiti real estate technology company, has announced its strategic acquisition of Hapondo, a prominent Qatari real estate marketing platform. This move marks a significant step in Sakan’s expansion strategy as it enters the Qatari real estate market, further solidifying its presence in the Gulf Cooperation Council (GCC) region. […]
Al Maryah Community Bank Partners with American University in the Emirates to Enhance Educational Opportunities for UAE Students
Dubai, UAE – Al Maryah Community Bank (Mbank), a leading digital bank in the United Arab Emirates, has signed a Memorandum of Understanding (MoU) with the American University in the Emirates (AUE) to launch a series of academic and executive development programs aimed at university students. This strategic partnership aligns with the government of Dubai’s […]
UAE-based E-commerce Platform Powder Beauty Secures Pre-Series A Funding to Expand Operations in Saudi Arabia
Dubai, UAE – August 26, 2024 – Powder Beauty, the Middle East’s pioneering female-owned and operated e-commerce platform specializing in conscious beauty and wellness products, has successfully closed its pre-Series A funding round. This strategic round was led by Sara and Magnus Olsson through their newly launched venture, Sophia Collective, alongside NKHEL, the family office […]
Etihad Credit Insurance (ECI) Launches Xport Xponential Program to Empower Businesses in Global Expansion
Dubai, UAE — The global economy offers immense opportunities, but for businesses looking to expand internationally, the path can be challenging. Recognizing the need for a streamlined approach to international growth, Etihad Credit Insurance (ECI) has unveiled its latest initiative, the Xport Xponential program. This innovative program is set to revolutionize how companies approach global […]
Qawn by Jordan Ahli Bank Partners with Network International to Revolutionize Digital Finance in Jordan
Amman, March 2024 – Qawn, the Kingdom’s pioneering social payment app by Jordan Ahli Bank, with a user base exceeding 150,000, has announced a strategic partnership with Network International, the leading enabler of digital commerce across the Middle East and Africa. This collaboration aims to drive digital finance innovation and accelerate growth within Jordan’s financial […]
Phoenix Group Partners with Tether to Launch UAE Dirham-Pegged Stablecoin
Abu Dhabi, UAE – Phoenix Group, a multi-billion dollar tech conglomerate listed on the Abu Dhabi Securities Exchange (ADX), has announced a groundbreaking collaboration with Tether, the global leader in the digital asset industry. Together, they plan to launch a stablecoin pegged to the United Arab Emirates Dirham (AED), supported by Green Acorn Investments Ltd. […]
UAE’s FOO Partners with London’s Fimple to Revolutionize Digital Banking Solutions
In a move set to redefine the digital financial services landscape, FOO has announced its strategic partnership with Fimple, integrating Fimple’s core banking system with FOO’s state-of-the-art White Label digital banking solutions. This collaboration aims to enhance the capabilities of Legacy Banks, Digital Banks, Neo Banks, and Fintechs by offering a seamless integration of advanced […]
