RemotePass, the global employment, payroll, and spend platform founded in the UAE in 2021, has raised $17.4 million in Series B funding led by EBRD Venture Capital (EBRD), with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. RemotePass is also backed by early-stage investors BECO Capital, […]
One of the largest private credit investments ever made into a GCC-born, founder-led consumer brand. Dubai, UAE – May 19, 2026: GymNation, the GCC’s fastest-growing gym operator, has secured a $100 million private credit facility from certain funds, entities and/or accounts managed, advised or controlled by HPS Investment Partners, LLC (“HPS”), part of BlackRock – […]
Tunisia-based insurtech startup EYST Technology has raised a six-figure investment from 216 Capital to accelerate its technological development and support international expansion. Founded in 2022 by Marwen Amamou, Antoine Vanoverberghe, and Arnaud Brodzki, EYST Technology develops a SaaS platform that enables insurers to modernise claims settlement through instantly issued virtual bank cards loaded with reimbursement […]
Jordan Capital and Investment Fund (JCIF) announced the official launch of Manara Ventures, a JOD 50 million (approximately USD 70.5 million) scale-up fund dedicated to supporting the growth of Jordan’s most promising technology and innovation focused companies. The fund also secured backing from regional institutional investors, including Abu Dhabi-based global investment firm, Lunate. Manara Ventures was […]
MANAMA, Bahrain: ARP Digital, a regulated digital capital infrastructure platform, today announced its integration into the Fireblocks Network for Payments as the network’s designated GCC corridor settlement partner. The collaboration enables fintechs, payment service providers, and financial institutions operating on the Fireblocks Network to access regulated on/off-ramp and corridor settlement infrastructure across the GCC’s primary […]
Dubai, UAE, May 2026: Payit, a leading digital financial platform in the UAE backed by First Abu Dhabi Bank, has partnered with Rewardz to launch its customer rewards programme. marking another milestone in Payit’s evolution into a broader digital financial ecosystem designed to help customers send, spend, save, borrow, and manage their finances through one […]
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has announced the launch of its groundbreaking One-Day Service Promise to business customers, making the bank the first in the UAE to guarantee business account opening within one day. This service will be offered through NEO BIZ, Mashreq’s digital-first business banking proposition, backed by […]
Platform delivers deep liquidity, best execution, AED settlement, direct UAE banking rails, and 24/7 dedicated relationship management from day one Daman Crypto is now live and open to eligible clients across the UAE and internationally, backed by 27 years of UAE financial services heritage Dubai, United Arab Emirates: Daman Virtual Asset Brokerage L.L.C. (“Daman Virtual”), the […]
Rain Financial Inc. (“Rain”), a regulated crypto brokerage and custodian in the GCC, today announced a multi-jurisdictional banking agreement with Standard Chartered. Under the agreement, Standard Chartered will provide banking services to Rain in the Kingdom of Bahrain and the United Arab Emirates, including segregated client money accounts, fiat settlement, and correspondent banking supporting Rain’s […]
PlayReplay, an AI-powered intelligent court system for racquet sports, announced an investment from Alfvén & Didrikson (A&D). Leading this fundraise, A&D invests a total of USD 12 million alongside other investors, including Centre Court Capital, ExM Investment Partners, Charbe Partners, Crimson Sports Capital, and a fund managed by LionTree. PlayReplay offers real-time electronic line calling […]