New data shows residents are proactive “self-learners” and open to smarter tools to strengthen their financial wellbeing 46% of respondents report moderate to low confidence in managing their money Dubai, United Arab Emirates – [26 February, 2026] – New consumer research by YouGov for Revolut, the global fintech with over 70 million customers worldwide, suggests a […]
Syria’s Ministry of Communications and Information Technology signs agreement with Visa
San Francisco, United States – Syria’s Ministry of Communications and Information Technology (MOCT) and Visa, a global leader in digital payments, signed a cooperation agreement to support the country’s transformation and the development of a modern and inclusive digital economy. The agreement was signed at Visa’s headquarters in San Francisco, attended by His Excellency Abdulsalam Haykal, Minister […]
Rewa launches digital rent payments and rewards app across the UAE
DUBAI, United Arab Emirates: Rewa has officially launched its digital rent payment and rewards app across the UAE, giving tenants a simpler way to pay rent and finally get something back from their largest recurring expense. The launch follows the successful close of Rewa’s seed funding round, backed by Qatar Development Bank, Plug and Play, Neocity […]
Bahrain’s BENEFIT launches Digital Direct Debit via Fawateer on BenefitPay
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced the availability of the Digital Direct Debit service via “Fawateer” through its BenefitPay app. The launch marks a significant step forward in Bahrain’s ongoing digital payments transformation, offering a more advanced, secure, and efficient model for managing recurring financial […]
Berlin Fintech Payrails to Establish Middle East Headquarters at Dubai International Financial Centre (DIFC)
Dubai: Payrails, the financial operating system for global enterprises, today announced that it will set up its Middle East headquarters in Dubai, located in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The move reinforces Payrails’ long-term commitment to supporting businesses across the Middle […]
AI Startup Angelic Intelligence Raises $15 Million Seed Funding, Targets Middle East Expansion
Dubai: Artificial intelligence startup Angelic Intelligence, founded by entrepreneur and inventor Shekhar Natarajan, has secured $15 million in seed funding and is preparing for global expansion, with the Middle East identified as a priority growth market. The company develops an enterprise software platform designed to help organisations integrate artificial intelligence into existing systems while aligning automated decision-making with operational priorities, […]
SambaNova unveils fastest chip for agentic AI, collaborates with Intel, and raises $350mln+
Run agentic AI at a 3X lower cost than GPUs — slashing inference costs and maximizing margins [2] SoftBank Corp. will be the first customer to deploy SN50 within its next‑generation AI data centers in Japan SambaNova, Intel plan multi-year strategic collaboration to deliver cloud-scale AI inference to unlock multi-billion-dollar market opportunity $350 million in […]
Stripe Reaches $159B Valuation as Global Volume Hits $1.9 Trillion; Releases Annual Letter
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the company achieved in September and the $95 billion valuation it had in 2021. Stripe also published its 2025 annual letter in which […]
Capital.com trading volume reaches $3.42trln in 2025
Capital.com, a global fintech group operating in the regulated online trading sector, on Tuesday published its 2025 trading platform activity summary, reporting $3.42 trillion in client trading volume for the year. The group reported that the Middle East accounted for approximately 50 percent of total activity, underscoring the region’s growing importance. In all, trading volumes […]
Emirates Islamic and EDGE Group sign landmark growth-focused partnership for innovative financing solutions
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark partnership with EDGE Group, one of the world’s leading advanced technology and defence groups. The agreement, formalised at a signing ceremony, will see Emirates Islamic provide innovative Islamic banking financing solutions tailored to meet EDGE Group’s diverse treasury […]
