Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce

Nuvei to Acquire Payoneer for $2.75 Billion, Creating a Leading Global Platform for Local and Cross-Border Commerce

June 15, 2026 The combined company will give businesses a single partner to accept, hold, and move money – including stablecoin transactions – across 190+ countries and territories At close, the combined company is expected to generate approximately $3 billion in annual revenue and process more than $500 billion in annual payment volume for more than 2.4 million customers MONTREAL and NEW YORK, June […]

Almana Group sign partnership with Liabify to invest in and co-develop payroll-linked Earned Wage Access solutions across the GCC.

Almana Group sign partnership with Liabify to invest in and co-develop payroll-linked Earned Wage Access solutions across the GCC

The agreement was formally signed at Almana Group headquarters in Doha, Qatar, marking the start of a strategic collaboration to develop payroll-linked Earned Wage Access (EWA) solutions across the GCC, with broader expansion plans expected to extend into selected Southeast Asian markets. Doha, Qatar – 16 May 2026 The scope of the investment includes the […]

QDB and SACE, the Italian Export Credit Agency, sign a framework agreement for Export Credit Reinsurance

QDB and SACE, the Italian Export Credit Agency, sign a framework agreement for Export Credit Reinsurance

Prague, Czech Republic – Qatar Development Bank (QDB) and SACE S.p.A., Italy’s export credit agency and one of the world’s leading Export Credit Agencies (ECAs), signed an export credit reinsurance agreement on June 11, 2026, on the sidelines of TXF Global 2026: Export, Agency & Project Finance, held in Prague, Czech Republic. The agreement establishes a framework […]

Kudo.com secures UAE Capiral Market Authority (CMA) Licence and expands access to GCC Markets

Kudo.com secures UAE Capiral Market Authority (CMA) Licence and expands access to GCC Markets

Dubai, UAE – Kudo.com, formerly known as Kudotrade, has announced the successful acquisition of a UAE Capital Markets Authority (CMA) licence, marking a significant milestone in the company’s evolution and reinforcing its commitment to serving traders and investors across the Middle East. The regulatory approval follows Kudo’s recent rebrand and reflects the company’s continued growth from […]

TFSF Ventures Emerges From Three Quiet Years in the UAE With Patent-Pending Agentic Payment Infrastructure — and Opens It for Licensing

TFSF Ventures Emerges From Three Quiet Years in the UAE With Patent-Pending Agentic Payment Infrastructure — and Opens It for Licensing

Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]

CBUAE strengthens its leadership in financial inclusion through a strategic partnership with The World Bank Group

CBUAE strengthens its leadership in financial inclusion through a strategic partnership with The World Bank Group

Abu Dhabi: The Central Bank of the UAE (CBUAE) and the World Bank Group signed an agreement to strengthen cooperation in the areas of financial inclusion, financial literacy, financial consumer protection and financial dispute resolution, as part of the ongoing cooperation between both parties. The signing was witnessed by H.E. Khaled Mohamed Balama, Governor of […]

Mastercard launches Agent Pay for Machines to unlock super-fast, always-on payments

Mastercard launches Agent Pay for Machines to unlock super-fast, always-on payments

More than 30 industry leaders, including Adyen, Ant International, BVNK, Checkout.com, Cloudflare, Coinbase, Getnet by Santander, Global Payments, Lovable, OKX, Stripe and Tempo, are among the first to leverage and support adoption. The rise of AI has created new ways to buy and sell goods and services. Now it’s requiring a new class of payments. Mastercard envisions a […]

Valu Jordan Partners with MEPS and PayTabs Group to Expand BNPL Across In-Store and Online Payments

Valu Jordan Partners with MEPS and PayTabs Group to Expand BNPL Across In-Store and Online Payments

Strategic collaboration enables authorized merchants to offer Valu’s flexible payment solutions through POS terminals and e-commerce checkout powered by MEPS’s national payments infrastructure and PayTabs payment orchestration platform  Amman, Jordan – 10 June 2026: Valu Jordan, a leading fintech platform in the Middle East and North Africa, has signed a strategic partnership agreement with Middle East […]

Bank of Singapore Appoints Lim Leong Guan as Head of Private Banking Across Middle East, South Asia and International Markets

Bank of Singapore Appoints Lim Leong Guan as Head of Private Banking Across Middle East, South Asia and International Markets

­­­­­Dubai, Singapore, Hong Kong; As Bank of Singapore intensifies its push in the ultra-high-net-worth (UHNW) segment, the Bank is appointing another veteran private banker to its senior leadership team covering its core markets. On 1 July 2026, Mr Lim Leong Guan will assume the role of Head of Private Banking, Middle East, South Asia & International. […]

ZagTrader Launches "Build on ZagTrader" Enabling Financial Institutions to Build Their Own Trading Experiences on Institutional Capital Markets Infrastructure

ZagTrader Launches “Build on ZagTrader” Enabling Financial Institutions to Build Their Own Trading Experiences on Institutional Capital Markets Infrastructure

New initiative gives banks, brokers, fintechs, and asset managers API access, developer documentation, and client-accessible source code to build branded trading journeys on top of ZagTrader’s proven infrastructure layer. Dubai, June 10 – ZagTrader, the capital markets technology provider, today announced the launch of Build on ZagTrader, a strategic initiative that repositions ZagTrader as the […]