Dubai, UAE – Yuze, a UAE-based FinTech company specializing in financial services for SMEs, e-traders, and freelancers, has successfully raised $30 million in a recent funding round led by Osten Investments. This substantial investment is set to drive Yuze’s ambitious expansion plans, with the company aiming to serve one million SME and professional customers within […]
Dubai, UAE—August 14, 2024—MealPlanet, a UAE-based meal plan startup, has successfully raised $6 million in a seed funding round, attracting significant investment from leading regional venture capital firms, including Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, Faith Capital, and Alturki Ventures. Esteemed entrepreneurs Marc Lore and Samih Toukan also participated in the round, […]
[Dubai, UAE] — In a significant move to bolster the SME ecosystem, CredibleX has officially joined the exclusive consortium led by Haifin, an e& enterprise company. This strategic partnership represents a monumental step forward in enhancing transparency across the SME value chain and providing seamless access to flexible financing options. The collaboration aims to empower […]
Dubai, UAE – NOW Money, a pioneering fintech company that provides banking and payroll solutions to the underbanked migrant population in the Middle East, has announced new strategic partnerships with Commercial Bank International (CBI) and Network International (Network). These alliances represent a significant milestone in NOW Money’s ongoing mission to deliver accessible and inclusive financial […]
Amman, August 2024 – AHLI FINTECH, a wholly-owned subsidiary of Jordan Ahli Bank, has announced a strategic partnership with CloudVests, an AWS Advanced Consulting Partner. This collaboration is aimed at strengthening support for fintech startups by providing specialized cloud services, training, and migration support. The partnership was formalized through a Memorandum of Understanding (MoU), under […]
Dubai, UAE: Network International, a leading provider of digital payment solutions in the Middle East and Africa, has announced a strategic partnership with Epsilon, a global leader in customer loyalty programs. This collaboration is set to transform loyalty solutions across the region by merging Network International’s robust payment infrastructure with Epsilon’s innovative loyalty management expertise. […]
Abu Dhabi, UAE – ADNEC Group has announced a strategic information technology partnership with Qode, a prominent player within Abu Dhabi’s Hub71, to elevate the digital experience for the Abu Dhabi and Al Ain Summer Sports 2024 edition. This collaboration has introduced cutting-edge venue management solutions, transforming the registration, booking, and sales processes to enhance […]
India’s premier loan distribution network, Andromeda Sales & Distribution, has announced a strategic expansion into the Middle East, marking a significant milestone in its growth trajectory. This move follows an impressive domestic performance, where the company achieved over 23% growth in loan disbursals, totaling $9,048 million (Rs. 75,397 crore) during the Financial Year 2023-24. The […]
Dubai, UAE – MultiPass, a leading bank challenger and payment solution provider, has announced a significant milestone in its strategic growth by receiving a financial services license from the Dubai Financial Services Authority (DFSA). This development marks a key step in MultiPass’ expansion into the Middle East, enabling the firm to offer enhanced local currency […]
Dubai, UAE – Sav, a pioneering fintech company has announced its receipt of preliminary approval from the Dubai Financial Services Authority (DFSA) for a Category Four license. This significant milestone marks a crucial step towards obtaining a full license, which will enable Sav to offer regulated financial services such as money transfers, financial advisory, and […]