Mambu selected as core banking provider by Nyla, Africa’s first Islamic neobank

Mambu selected as core banking provider by Nyla, Africa’s first Islamic neobank

Abu Dhabi, UAE // Kingali, Rwanda – Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa. The partnership marks a significant milestone for Mambu’s Islamic banking offering on […]

Paymentology and Liabify Partner to Advance Embedded Finance and Financial Wellness Across the GCC

Paymentology and Liabify Partner to Advance Embedded Finance and Financial Wellness Across the GCC

Dubai, UAE – 12 March 2026 — Paymentology, the leading global issuer processor, today announced a strategic partnership with Liabify, a financial wellness platform focused on payroll-linked financial services. Together, the companies aim to expand access to responsible credit, earned wage access, and everyday financial tools for middle-income and expatriate workers across the GCC and […]

Nahda Capital Partners files for registration of inaugural private equity fund in ADGM

Nahda Capital Partners files for registration of inaugural private equity fund in ADGM

Dubai, UAE – Nahda Capital Partners, a newly established private equity platform headquartered in Abu Dhabi Global Market (ADGM), has filed for the registration of its inaugural private equity fund this week as it prepares to launch investment activities across the Gulf Cooperation Council (GCC). “Nahda” in Arabic refers to a renaissance a renewal and resurgence. […]

Revolut Launches UK Bank

Revolut Launches UK Bank

Following a successful mobilisation period, the PRA has lifted restrictions on Revolut’s banking licence, and given approval to launch its UK bank, Revolut Bank UK Ltd. Revolut Bank UK Ltd is set to roll out new banking services for its 13 million UK customers, with deposit accounts protected by the Financial Services Compensation Scheme (FSCS). Current accounts […]

Ubuy partners with Tabby to offer flexible installment payments in Saudi Arabia and the UAE

Ubuy partners with Tabby to offer flexible installment payments in Saudi Arabia and the UAE

GCC Region – Ubuy, a leading cross-border e-commerce platform serving customers across the GCC, has announced the integration of Tabby as a new payment solution for customers in Saudi Arabia and the United Arab Emirates. The partnership enables shoppers to split their purchases into convenient installment plans, enhancing flexibility and accessibility for international shopping. The new […]

Oman Investment Bank advises on the successful completion of a $130mln investment in Uzum by Omani sovereign entities

Oman Investment Bank advises on the successful completion of a $130mln investment in Uzum by Omani sovereign entities

Muscat – Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by a consortium of investors led by sovereign entities of the Sultanate of Oman. Oman Investment Bank acted as financial adviser to the lead investor on the transaction, supporting the investment […]

Mastercard simplifies cross-border payments for Asia Pacific SMEs

Mastercard simplifies cross-border payments for Asia Pacific SMEs

MARCH 11, 2026 | SINGAPORE Single platform delivers multi-currency support, real-time visibility and seamless integration Small and medium-sized enterprises (SMEs) across Asia Pacific are moving faster into global trade, but the complexity and limited visibility in corresponding payments processes continue to slow growth. Mastercard today announced that it is introducing Mastercard Global Commerce Suite for […]

Central Bank of the UAE (CBUAE) wins the Risk Manager of the Year Award 2026

Central Bank of the UAE (CBUAE) wins the Risk Manager of the Year Award 2026

Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has been named ‘Risk Manager of the Year 2026’ at the prestigious Central Banking Awards. Presented by the UK- based Central Banking publication, the award recognises central banks that demonstrate exceptional excellence and adopt world-class methodological practices in risk management. This global award serves as […]

Cape Town fintech NjiaPay secures $2.1mln in seed funding

Cape Town fintech NjiaPay secures $2.1mln in seed funding

NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers through a single integration. The company said the funding will be used to grow […]