RAKBANK and Network International complete merchant acquiring transaction in the UAE

RAKBANK and Network International complete merchant acquiring transaction in the UAE

Dubai, United Arab Emirates: Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully closed following all required approvals from the Central Bank of the UAE. As part of the partnership, Network will provide its state-of-the-art payment solutions to serve RAKBANK’s customers […]

International Securities is the first broker to go live on Emirates NBD Pay using Visa’s AFT model

International Securities is the first broker to go live on Emirates NBD Pay using Visa’s AFT model

Dubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced that International Securities LLC, the UAE based brokerage firm, is now live on Emirates NBD Pay using Visa’s Account Funding Transaction (AFT) model, which allows clients to fund their trading accounts through secure, card-to-account transfers, with […]

UAE-based zypl.ai closes $5.5 million bridge round at $80 million valuation

UAE-based zypl.ai closes $5.5 million bridge round at $80 million valuation

UAE-based credit scoring platform zypl.ai has raised $5.5 million in a bridge round led by Carbide Ventures and investors including Shukhrat Ibragimov, reaching an $80 million valuation. Funded in 2021 by Azizjon Azimi, zypl.ai develops synthetic data solutions for financial institutions, powered by its proprietary zGAN model, designed to improve AI decisioning under volatile market conditions. The […]

QBurst Deepens Middle East Commitment, Appoints Shivkumar Subramaniam To Lead From Dubai

QBurst Deepens Middle East Commitment, Appoints Shivkumar Subramaniam To Lead From Dubai

Dubai, United Arab Emirates | March 25, 2026: QBurst, a design-led digital engineering company powered by High AI-Q™, has appointed Shivkumar Subramaniam as Regional Head, Middle East, based in Dubai, UAE.  The appointment underscores QBurst’s strategic commitment to building a locally-rooted presence in the Middle East and strengthening its ability to serve enterprises and governments […]

XBTO secures $217m capital raise to further scale institutional digital asset business

XBTO secures $217m capital raise to further scale institutional digital asset business

Bermuda,  XBTO, a global leader in institutional digital asset solutions, today announced that it has secured commitments toward a capital raise of up to $217 million to support the next phase of its institutional digital assetplatform and business expansion. As part of this broader initiative, XBTO has entered into a strategic partnership with ValueLabs, a global […]

Binance Bahrain Partners with Beyon Connect to Integrate eKey 2.0 for Secure Digital Verification

Bahrain: Binance Bahrain has announced a strategic partnership with Beyon Connect, enabling the integration of the Kingdom of Bahrain’s eKey 2.0 National Identity solution into the Binance Bahrain to enable secure digital verification of users when conducting transactions with Binance Bahrain . The collaboration marks a significant step in enhancing secure, seamless, and user-friendly digital […]

Ripple Joins MAS’s BLOOM Initiative and Partners with Unloq to Advance Programmable Settlement Infrastructure in Trade Finance

Ripple Joins MAS’s BLOOM Initiative and Partners with Unloq to Advance Programmable Settlement Infrastructure in Trade Finance

SINGAPORE, 25 March, 2026 – Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced its participation in BLOOM, an initiative by the Monetary Authority of Singapore (MAS). BLOOM – Borderless, Liquid, Open, Online, Multi-currency – is designed to extend settlement capabilities in tokenized bank liabilities and regulated stablecoins. Partnering with leading […]

Binance expands VIP access to recognize and support high-value users earlier

ABU DHABI, UAE — Binance, the largest cryptocurrency exchange by trading volume and users, today announced updates to its VIP Program eligibility thresholds and qualification framework. The refresh lowers key requirements and introduces new pathways designed to identify and support high-value users earlier as they scale their engagement across the platform. The changes also strengthen the […]

Vault22 Launches AI-Powered Wealth Platform in the UAE

Vault22 Launches AI-Powered Wealth Platform in the UAE

The unified platform integrates budgeting, investing, and Shariah-compliant solutions. Dubai, UAE, March 2026: Fintech platform Vault22 has launched in the United Arab Emirates, introducing an AI-powered wealth platform designed to help individuals budget, save, and invest more effectively through a single digital application. At its core, Vault22 is designed to simplify how people manage money. […]