Dubai, UAE, Emirates NBD Asset Management, the asset management division of Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has highlighted the success of FundStar UAE Equities Income Fund, the bank’s first public fund in Dubai International Financial Centre, with a milestone achievement of surpassing USD 100 million […]
Standard Chartered to provide a comprehensive and reliable custody offering, the first-ever G-SIB-backed off-exchange tokenized collateral framework Initiative scales utility of tokenized real-world assets (RWA) and enables broader market participation DUBAI, OKX, a leading global fintech company and crypto trading platform, today announced the launch of a joint framework with BlackRock and Standard Chartered to integrate […]
OSON, a Central Asian financial technology holding, has obtained a regulatory license from the Dubai Financial Services Authority (DFSA), enabling the company to operate within the Dubai International Financial Centre (DIFC) as a regulated financial entity. This development represents a significant milestone in OSON’s international expansion strategy and establishes a foundation for its regional hub […]
Tether, the largest company in the digital asset industry, today announced the launch of the world’s first gold-backed Visa neobanking card in collaboration with Fasset, a stablecoin neobanking and investment platform that allows users to receive money, invest, earn, and make payments from anywhere in the world — marking a strategic step towards mainstream use cases for […]
SpendConsole, an AI-powered payables orchestration platform, has been officially named a Pre-Approved eInvoicing Service Provider by the Ministry of Finance UAE, under the country’s national electronic invoicing framework. The approval, granted in accordance with Article 15 of Ministerial Decision No. 64 of 2025, places SpendConsole among a select group of providers authorised to participate in […]
Dubai, United Arab Emirates: OGold, the UAE’s premier Shariah-compliant gold and silver-backed Super App, has secured a strategic investment from Plug and Play Ventures, the venture capital arm of a world-leading innovation platform and startup accelerator headquartered in Silicon Valley, which connects high-growth companies with global corporations, investors, and strategic opportunities to scale internationally. This institutional […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced the launch of a Shari’ah-compliant digital investment solution in gold and silver, seamlessly integrated into the bank’s EI + Mobile Banking App. The new offering, a first-of-its-kind by an Islamic bank in the UAE, empowers customers to buy and sell […]
Manama / Dammam: Bahrain-founded D2C foodtech startup Lola has raised $3 million in a seed funding round led by Vision Ventures, with participation from Aljazira Capital, Seedra Ventures, and Plus VC, alongside other investors. Founded in 2023 by Othman Janahi, Lola offers a digital-first platform that allows users to design and order fully customised cakes […]
Dubai, UAE — Comfi, a B2B embedded finance platform, today announced it has raised $65 million in a Pre-Series A funding round consisting of both equity and debt. The equity round was led by Iliad Partners and joined by Yango Ventures and Raw Ventures, both making their first investment in the region. The round includes a […]
By David Tirado, Chief Commercial Executive, Revolut The typical trajectory of a successful startup is as predictable as it is perilous. A company identifies a single pain point, builds a brilliant solution, scales rapidly, and eventually, burdened by its own mass, slows down. In the financial sector, this scale-up stagnation is usually where innovation goes […]