BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced the availability of the Digital Direct Debit service via “Fawateer” through its BenefitPay app. The launch marks a significant step forward in Bahrain’s ongoing digital payments transformation, offering a more advanced, secure, and efficient model for managing recurring financial […]
Berlin Fintech Payrails to Establish Middle East Headquarters at Dubai International Financial Centre (DIFC)
Dubai: Payrails, the financial operating system for global enterprises, today announced that it will set up its Middle East headquarters in Dubai, located in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The move reinforces Payrails’ long-term commitment to supporting businesses across the Middle […]
Stripe Reaches $159B Valuation as Global Volume Hits $1.9 Trillion; Releases Annual Letter
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the company achieved in September and the $95 billion valuation it had in 2021. Stripe also published its 2025 annual letter in which […]
DIFC Report: High-net-worth-individuals with USD 87trn in wealth are reshaping global investment priorities
As younger heirs assume greater influence, investment strategies are evolving towards private markets, artificial intelligence, sustainability and impact, alongside traditional return objectives Wealth advisers must blend financial expertise, tech fluency and strong relationships to help families manage and adapt their wealth across generations Report underscores how Dubai is not only responding to shifts in global […]
Trescon Marks Ten Years as One of MENA Region’s Most Trusted Event Partners for Future-Focused Platforms
Dubai, UAE, [February 24, 2026] – Over the past decade, Trescon has evolved from a startup founded in Bengaluru to one of the Middle East’s most trusted partners for government-backed business platforms. As it marks its 10-year milestone, the company reflects on a defining partnership with Dubai — and outlines its expansion across the wider […]
KFH – Bahrain announces strategic partnership with Beyon Money
Manama, Kingdom of Bahrain – Kuwait Finance House – Bahrain (KFH) has signed a strategic partnership agreement with Beyon Money, part of the Beyon Group. Under this collaboration, KFH – Bahrain will serve as the primary banking partner for Beyon Money’s operations, reflecting its commitment to fostering innovation in financial services and accelerating digital transformation in Bahrain’s financial […]
Ericsson and Mastercard enhance global digital money movement and accelerate digital financial inclusion
Ericsson (NASDAQ: ERIC) and Mastercard today announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move – Mastercard’s portfolio of money movement solutions – the collaboration will empower telecom service providers, banks, and fintechs to expand digital wallet capabilities, launch new payment […]
botim money expands precious-metals investing suite with digital silver
Launch strengthens strategic partnership with OGold to expand digital gold and silver investment access for millions of botim users. botim money’s gold investment feature recorded 128,000 in-app gold trades totaling over AED 100 million since its launch in August 2025. Dubai, UAE – botim money, the financial services arm of botim, today announced the launch of […]
Dubai Chambers partners with Qashio to Empower SME’s
Dubai, UAE – Dubai Chambers has partnered with Qashio, the UAE-based spend management and embedded finance platform, to enhance small and medium-sized enterprises’ (SMEs) access to advanced financial management and alternative finance solutions. The partnership establishes a framework for collaboration aimed at equipping Dubai’s SME community with digital corporate cards, automated expense management systems, and streamlined […]
Mashreq launches Visa Commercial Pay on Mobile
Dubai, UAE: Mashreq – a leading financial institution in the MENA region – has launched Visa Commercial Pay on Mobile (VCP Mobile), a next-generation virtual card payment solution for business and corporate clients in the UAE. The VCP Mobile platform leverages Visa’s global payment network to enable real-time virtual card issuance, advanced spend controls, and seamless […]
