Contact Financial Holding Reports robust 306% YoY net income surge in financing and insurance divisions in Q1-25

Contact Financial Holding Reports robust 306% YoY net income surge in financing and insurance divisions in Q1-25

Contact Financial Holding’s Insurance Division Shines in 1Q-25: Net Income Jumps 767% YoY to EGP 43mn. Cairo, Contact Financial Holding (CNFN.CA), Egypt’s leading non-bank financial services provider, announced today its consolidated financial results for 1Q25. The Group delivered a strong start to the year, boasting a solid 30% y-o-y increase in consolidated operating income, to reach EGP […]

Mastercard and enza collaborate to enable fintech innovation across Africa

Mastercard and enza collaborate to enable fintech innovation across Africa

Dubai, UAE: Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment […]

Stake Launches Pay to Card With Checkout.com to Democratise Access to Real Estate Investment

Stake Launches Pay to Card With Checkout.com to Democratise Access to Real Estate Investment

Dubai, UAE: Stake, one of the leading digital and global real estate investment platforms, has launched Pay to Card, a breakthrough withdrawal feature powered by global digital payments company, Checkout.com. The new solution enables investors to receive their dividends and returns directly to their bank cards, often in just minutes, marking a major step forward […]

Visa Expands Stablecoin Initiatives in CEMEA, through Partnership with Yellow Card

Visa Expands Stablecoin Initiatives in CEMEA, through Partnership with Yellow Card

Visa (NYSE: V), a global leader in digital payments, announced significant advancements in its stablecoin initiatives, with expanded settlement capabilities in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region and a strategic partnership with Yellow Card, a leading pan-African fintech. These efforts further underscore Visa’s vision for transforming money movement and building […]

Taaleem to acquire Kids First Group a leading GCC early-learning education provider

Taaleem to acquire Kids First Group a leading GCC early-learning education provider

KFG operates a portfolio of highly reputed brands including Redwood Montessori Nursery, Odyssey Nursery, Willow Children’s Nursery, Ladybird and Children’s Oasis offering four different curricula through 34 nurseries in Dubai, Abu Dhabi and Doha catering to more than 5,000 students, with potential for further growth across the portfolio. This transaction is in line with Taaleem’s […]

Qi and U.S based K2 Integrity join forces to align Iraq’s financial sector with global standards

Qi and U.S based K2 Integrity join forces to align Iraq’s financial sector with global standards

K2 Integrity will further use Qi’s UAE back office as an innovation incubator and sandbox for new Qi products and services. Dubai, United Arab Emirates – In a strategic move to strengthen financial compliance standards across its operations, Qi, also known as International Smart Card, has signed a landmark partnership with K2 Integrity, a global compliance […]

CI Capital Asset Management Launches Egypt’s First Sustainable Equity Fund: Misr Green ESG Fund

CI Capital Asset Management Launches Egypt’s First Sustainable Equity Fund: Misr Green ESG Fund

Cairo, Egypt: CI Capital Asset Management (CIAM), Egypt’s leading asset manager and a Forbes Top 40 asset manager in the Middle East and North Africa (MENA) region, a subsidiary of CI Capital Holding (CICH.CA), is proud to announce the launch of the country’s first open-ended sustainable equity fund — the “Misr Green – Sustainability (ESG) Fund” […]

Forté Aviation partners with Deus X Pay to launch crypto payments for luxury travel

Forté Aviation partners with Deus X Pay to launch crypto payments for luxury travel

This collaboration will enable Forté Aviation to accept cryptocurrency payments, allowing clients to enjoy a seamless and secure transaction experience. Vilnius, Lithuania – Deus X Pay, a licensed institutional stablecoin payment solutions provider, is excited to announce its partnership with Forté Aviation Consultants, a leading provider of bespoke global private jet charter solutions. This collaboration will enable Forté […]

Jingle Pay collaborates with Western Union to power cross-border money transfers

Jingle Pay collaborates with Western Union to power cross-border money transfers

DUBAI, UAE- Jingle Pay, a leading digital financial services platform in the Middle East & South Asia, today announced a significant collaboration partnership with Western Union, to enable delivery of international money transfers (remittances) from select markets. Under this agreement, Jingle Pay will serve as a key partner for Western Union, providing support to the flow […]