Fintech News

Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today announced a new partnership with Checkout.com. Image courtesy: Majid Al Futtaim

In a groundbreaking move to advance the digital economy and enhance financial inclusion across the UAE, du Pay has announced its strategic partnership with Visa. This collaboration will see the introduction of cutting-edge prepaid Visa cards, available exclusively through the du Pay app. These new Visa prepaid cards are designed to provide secure, accessible, and […]

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company’s statement, which does not name the investors. Elevate, the fintech company based in London and Dubai, has secured $5 million in a pre-Series A funding round. Elevate has already attracted over 150,000 users from Asia […]

Mastercard has announced a strategic collaboration with OPay, a leading financial services provider in the Middle East and North Africa (MENA) region, to deliver innovative banking solutions tailored to the diverse needs of the Egyptian market. This partnership aligns with the Central Bank of Egypt’s vision to digitize the economy and extends the previous efforts […]

Zand Bank PJSC, the digital bank licensed by the Central Bank of the UAE, and MANTRA, an RWA-focused Layer 1 blockchain, have signed a Memorandum of Understanding (MOU) to streamline the process of real-world asset tokenization, including the identification, listing and distribution of RWAs. The collaboration between these two entities will also focus on developing […]

In a groundbreaking move set to transform corporate travel management in the region, Tumodo, a leading UAE-based travel technology firm, has announced a strategic partnership with Saudi fintech company Tabby. This collaboration promises to revolutionize business travel planning, streamline expenses, and contribute to sustainable practices across the UAE. Leveraging Tumodo’s state-of-the-art travel management solutions, Tabby’s […]

UAE-based AI startup qeen.ai announced today that it has successfully secured a $2.2 million pre-Seed funding round to drive its mission to transform the global e-commerce landscape, starting in the MENA region. The round is led by Wamda Capital, with participation from international and regional investors, including 10x Founders, Aditum and Dara Holdings, along with […]

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced its role in driving payments innovation in the UAE by being among the first acquirers to activate ‘Jaywan’, the UAE’s Domestic Card Scheme. This initiative is in partnership with Al Etihad Payments, a subsidiary of the Central […]

MyFatoorah is proud to announce a groundbreaking partnership with Classera, the largest e-learning company in the region and a global leader in educational technology. This collaboration aims to streamline payment processes for educational institutions, significantly enhancing their operational efficiency and enabling them to concentrate more on their core mission of delivering quality education. The partnership […]

Dubai’s Roads and Transport Authority (RTA) has entered into a strategic partnership after signing an MoU with SmartCrowd Holding Ltd, the parent company of SmartCrowd Ltd. The latter, licensed by the Dubai Financial Services Authority (DFSA), is recognized as the first digital platform specialising in real estate investment and crowdfunding across the Middle East and […]