BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced the availability of the Digital Direct Debit service via “Fawateer” through its BenefitPay app. The launch marks a significant step forward in Bahrain’s ongoing digital payments transformation, offering a more advanced, secure, and efficient model for managing recurring financial […]
Dubai: Payrails, the financial operating system for global enterprises, today announced that it will set up its Middle East headquarters in Dubai, located in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. The move reinforces Payrails’ long-term commitment to supporting businesses across the Middle […]
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the company achieved in September and the $95 billion valuation it had in 2021. Stripe also published its 2025 annual letter in which […]
Capital.com, a global fintech group operating in the regulated online trading sector, on Tuesday published its 2025 trading platform activity summary, reporting $3.42 trillion in client trading volume for the year. The group reported that the Middle East accounted for approximately 50 percent of total activity, underscoring the region’s growing importance. In all, trading volumes […]
Dubai, UAE: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark partnership with EDGE Group, one of the world’s leading advanced technology and defence groups. The agreement, formalised at a signing ceremony, will see Emirates Islamic provide innovative Islamic banking financing solutions tailored to meet EDGE Group’s diverse treasury […]
As younger heirs assume greater influence, investment strategies are evolving towards private markets, artificial intelligence, sustainability and impact, alongside traditional return objectives Wealth advisers must blend financial expertise, tech fluency and strong relationships to help families manage and adapt their wealth across generations Report underscores how Dubai is not only responding to shifts in global […]
Dubai, UAE, [February 24, 2026] – Over the past decade, Trescon has evolved from a startup founded in Bengaluru to one of the Middle East’s most trusted partners for government-backed business platforms. As it marks its 10-year milestone, the company reflects on a defining partnership with Dubai — and outlines its expansion across the wider […]
Manama, Kingdom of Bahrain – Kuwait Finance House – Bahrain (KFH) has signed a strategic partnership agreement with Beyon Money, part of the Beyon Group. Under this collaboration, KFH – Bahrain will serve as the primary banking partner for Beyon Money’s operations, reflecting its commitment to fostering innovation in financial services and accelerating digital transformation in Bahrain’s financial […]
The Hoxton Wealth app, which brings investors’ global finances together for seamless control and insights is now tracking $10 billion in assets worldwide, less than three years after its launch in April 2023. The app provides easy access to a consolidated view of users’ entire net worth on mobile or desktop. Leveraging open banking technology, the […]
Ericsson (NASDAQ: ERIC) and Mastercard today announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move – Mastercard’s portfolio of money movement solutions – the collaboration will empower telecom service providers, banks, and fintechs to expand digital wallet capabilities, launch new payment […]