KARACHI – UAE-based technology company Yango Group, through its $20 million corporate venture arm Yango Ventures, has acquired a stake in Pakistani fintech Trukkr, marking its first investment in the country. Trukkr, founded in 2019, serves Pakistan’s $35 billion logistics market by digitizing operations for over 20,000 drivers and more than 100 enterprise clients. The […]
Spanish bank acting as independent custodian for clients of world’s biggest crypto exchange. Binance is working with Spanish bank BBVA to allow customers to hold their assets off the crypto exchange, as it tries to reassure investors following its record fine by US authorities nearly two years ago. Spain’s third-largest bank recently began working as […]
Joint Collaboration Enables Real-Time Intelligence Sharing and Mutual Anti-Tamper Protections to Accelerate Ransomware Detection and Response. Dubai, United Arab Emirates – Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced a strategic threat intelligence sharing partnership with Halcyon, the leading anti-ransomware solution provider. This collaboration brings together two of the most experienced […]
Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream. Ripple, a crypto company that issues the token XRP as well as its own stablecoin called RLUSD, has invested heavily […]
ADX becomes the first exchange in the GCC to welcome Thndr, a leading regional investment platform. Thndr users will soon be able to invest directly in ADX-listed securities and ETFs Thndr partnership reinforces ADX’s commitment to financial inclusion and innovation Abu Dhabi, United Arab Emirates: The Abu Dhabi Securities Exchange (ADX) today onboarded Thndr, a leading […]
Digified is proud to announce that it has secured regulatory approval from the Financial Regulatory Authority (FRA) for its AI-powered digital onboarding, eKYC, and e-contracting services tailored for non-banking financial institutions (NBFIs) in Egypt. With this regulatory milestone, lending, investment, and insurance companies regulated by the FRA can now fully create digital IDs, verify their e-kyc, and sign […]
Aimed at supporting Ajman Bank’s ambitious net-zero and sustainable finance strategy. Ajman, UAE – In a move to contribute towards sustainable transformation of the UAE economy, Ambipar, a global leader in environmental and carbon solutions, and Ajman Bank, one of the UAE’s most dynamic financial institutions, are proud to announce a long-term strategic partnership aimed at […]
Abu Dhabi: Shory, the UAE’s leading digital insurance platform, is proud to announce a strategic partnership with Wio Bank to deliver a faster and more accessible way for customers to obtain car insurance, seamlessly embedded within the Wio Personal app. This milestone collaboration was officially formalized during a signing ceremony, highlighting the shared commitment of both […]
Dubai, UAE – August 7, 2025 — Laser Digital, the digital asset subsidiary of Japan’s Nomura Bank, has become the first firm to receive a limited license to offer regulated over-the-counter (OTC) crypto derivatives under the Dubai Virtual Asset Regulatory Authority (VARA)’s pilot framework. With this milestone, Laser Digital is now the first regulated entity […]
The e-marketplace allows a wide network of local merchants – whether operating online or through physical retail outlets – to showcase their products directly within the app. Bahrain – ONE App, powered by Al Salam Bank, has announced the launch of its integrated e-marketplace and Buy Now, Pay Later (BNPL) feature. This latest development reflects […]