Dubai, UAE – August 6, 2026 – KamelPay, a UAE-born fintech offering payroll and business payment solutions, has received Stored Value Facilities (SVF) and Retail Payment Services (RPS) licenses from the Central Bank of the UAE (CBUAE), marking a significant regulatory milestone in the company’s growth and strengthening its position within the country’s evolving digital […]
Abu Dhabi, United Arab Emirates – etoro, the NASDAQ-listed trading and investing platform, and Papaya Global, a leader in global workforce payments, today announced a partnership to advance a simple but powerful idea: that salary should be the beginning not the end of a wealth building journey. Together they are launching etoro work powered by Papaya […]
Dubai, UAE – Edenred UAE, part of the global Edenred Group and a long-standing provider of payroll solutions in the UAE, today announced it has received in-principle approval from the Central Bank of the UAE (CBUAE) for its application to operate as a licensed Stored Value Facility (SVF) provider. Edenred has been part of the UAE’s […]
The innovative payment products will be integrated with the AFS Pro app, providing a seamless, digital-first business payments and expense management solution Dubai, UAE: Mastercard and Arab Financial Services (AFS), the Middle East and Africa’s leading digital payment solutions provider and fintech enabler, have joined forces to introduce corporate credit and prepaid cards, integrated with the […]
New Shariah-compliant business account enables small businesses to put surplus cash to work automatically, without locking it away, as Pemo cements its position as the leading all-in-one spend management platform for the UAE’s SME economy. DUBAI, UAE: Pemo, the UAE’s leading all-in-one spend management platform, today announced the launch of its very first business account, […]
Dubai Founders HQ has partnered with Mastercard, supported by Pemo, to launch a new founder finance solution designed to help startups and SMEs save money, strengthen cash flow, and operate more efficiently. Eligible businesses can access over AED10,000 in first-year value, including up to 2 percent cashback on eligible foreign exchange and advertising spend, complimentary […]
The acquisition strengthens the ability to connect digital assets and traditional payment rails, enabling secure, interoperable value exchange at scale. Mastercard (NYSE: MA) today completed its acquisition of BVNK, expanding the company’s strategy to support greater choice in how people and businesses exchange value by enabling interoperability across fiat and digital currencies. “Digital currencies — […]
The two solutions offer more flexible, convenient and faster payment options for customers across all federal entities. “Aani” enables secure, real-time fund transfers and payment settlements around the clock. Customers can make payments through “Aani” using a mobile number, Emirates ID, email address, QR code or bank account number “Jaywan” provides a secure and efficient […]
Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announces updates to the Prescribed Company (PC) Regulations, which are designed to broaden the use of PCs, DIFC’s equivalent of Special Purpose Vehicles or SPVs. The updated PC Regulations significantly expand and simplify […]
The National Bank of Bahrain (NBB) has officially launched its Multi-Currency Debit Card feature, a seamless, convenient, and accessible solution that empowers customers to manage and spend in multiple currencies directly through the NBB App. Available on Express Saver savings account debit cards, the feature enables account holders to link up to eight foreign currencies […]