Userguest, a Moroccan startup founded in 2018 that helps hotels optimize their direct revenues, has successfully raised EUR 2.2 million (US$2.4 million) in a seed funding round to fuel its rapid expansion and drive product innovation. The funding round was led by Al Mada Ventures and included participation from prominent investors such as CDG Invest, […]
Muscat, Oman – Ooredoo Fintech has officially announced a strategic partnership with Mala’a, a leading fintech company in Oman, to integrate their innovative E-KYC (Electronic Know Your Customer) service, ‘Huwiya’. This collaboration is set to revolutionize Ooredoo Fintech’s customer verification processes, ensuring a more seamless, secure, and efficient onboarding experience for its users. The signing […]
Kenya – Safaricom and Mastercard have announced a strategic partnership aimed at enhancing digital payment solutions and cross-border remittance services across Kenya. The collaboration will leverage M-PESA’s extensive merchant network and Mastercard’s global payment infrastructure to empower over 636,000 merchants using the M-PESA mobile money platform. The partnership is expected to play a pivotal role […]
LONDON, United Kingdom, September 18, 2024/ — Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions. PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the […]
Lahore, Pakistan, September 2024 – Noman Azhar, Chief Officer of Zindigi, powered by JS Bank, has been honored with the prestigious title of “Digital Leader of the Year” at the 2024 Pakistan Digital Awards. This accolade recognizes his pivotal role in transforming Pakistan’s digital banking and fintech sectors, as well as his efforts in revolutionizing […]
Doha, Qatar – Ooredoo Qatar, the nation’s leading telecommunications provider, has announced an exciting new partnership with Landmark Group’s Shukran Loyalty Program, one of the Middle East’s premier retail loyalty initiatives. This collaboration aims to deliver unprecedented value and convenience to Ooredoo’s Nojoom and Al Nokhba members. As part of this strategic alliance, members can […]
LUSAKA, Zambia, September 12, 2024/ — Network International (Network) (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East, has announced that Zambian fintech and neobank, Lupiya, has appointed Network as their digital payments technology partner to launch a new debit card. The solution includes the launch of a debit card that […]
Empowering users to spend cryptocurrencies directly from self-custodial wallets at over 100 million merchants across Europe. Mastercard, the global payments giant, has announced a groundbreaking partnership with Mercuryo to launch a euro-denominated cryptocurrency debit card. This innovative product enables users to spend their digital assets directly from self-custodial wallets at more than 100 million merchants […]
Tether‘s Strategic Investment in Kem Signals a Major Step Forward for Digital Finance in the Gulf Region, Aiming to Enhance Financial Inclusion and Stability Kuwait City, Kuwait – [August 15, 2024] – Kem, the fastest-growing peer-to-peer (P2P) payment app in Kuwait, has secured a $3 million investment from Tether, the world’s largest stablecoin issuer and […]
Blockscout, the leading open-source block explorer for all EVM-based chains, has successfully closed a $3 million seed round led by 1kx. The funding round also saw participation from notable investors such as Primitive Ventures and Gnosis, along with angel investors including Evan Van Ness, Alex Svanevik, Kartik Talwar, Anton Bukov, and Stefan George. With this […]