Jumia, Egypt’s leading e-commerce platform, has announced an expansion of its strategic partnership with Contact CrediTech, the digital consumer finance arm of Contact Financial Holding. This collaboration aims to enhance the financial services available to their respective customers, building on the success of their initial partnership established in January 2023. The expanded partnership will provide […]
In a significant move towards enhancing convenience and digital payment infrastructure, all taxis in Ras Al Khaimah are now fully equipped with Network POS terminals. This landmark achievement is the result of a collaborative effort between local taxi operators and the RAK Transport Authority, demonstrating a strong commitment to modernizing public transportation and improving the […]
Astra Tech, the region’s largest tech ecosystem and fastest-growing fintech company headquartered in Abu Dhabi, has announced the strategic opening of its new Dubai office within the DIFC Innovation Hub. This move positions Astra Tech as the largest fintech entity within the thriving innovation ecosystem of the Dubai International Financial Centre (DIFC). The official announcement […]
Thndr, the leading mobile-first investment platform in the MENA region, proudly announces its expansion into the United Arab Emirates (UAE) following its exceptional success in Egypt. This significant milestone is facilitated by acquiring a Category 3A license with retail endorsement from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). Thndr will initially […]
Shorooq Partners has launched a new fund in collaboration with IMM Investment Global, the international arm of the Korean private equity and venture capital firm IMM Investment, which boasts over US$6 billion in assets under management. IMM Investment Global joins the fund as a minority partner. Shane Shin, founding partner at Shorooq Partners, emphasized the […]
HSBC has announced the launch of its new e-commerce digital payment platform, Omni Collect, in the UAE in collaboration with Saudi-based fintech leader Geidea. This innovative platform, available to corporate customers via HSBCnet, aims to simplify and streamline digital payment collections for goods and services across multiple channels, including credit and debit cards and e-wallets […]
United Arab Bank (UAB) has entered into a strategic partnership with Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA). This collaboration aims to enhance UAB’s corporate client services through Network International’s state-of-the-art omnichannel payment solutions in the UAE. Through this partnership, UAB will provide its corporate clients with […]
XSquare is thrilled to announce a strategic partnership with Fracxn, aiming to transform financial solutions for small and medium-sized enterprises (SMEs) and streamline B2B payments across the region. This collaboration is set to benefit over 800,000 SMEs, enhancing their financial operations and boosting their ability to manage an estimated $80 billion in receivables. The partnership […]
MoneyHash, a pioneering platform for payment and fintech solutions, is thrilled to announce its new partnership with MyFatoorah, a leading payment solution provider in the Middle East. This strategic collaboration aims to provide merchants with seamless access to MyFatoorah’s comprehensive payment capabilities, enhanced by MoneyHash’s premium user experience and dedicated support. This partnership signifies a […]
OCTA is thrilled to announce a new partnership with MoneyHash, aimed at making payment processing easier than ever for our customers. Solving a Common Challenge Many businesses face a significant challenge when it comes to integrating new payment gateways. Customers often have existing payment setups and dread the hassle of incorporating another system just to […]