7X, the trade, transport, and logistics investment and holding group, signed a Memorandum of Understanding (MoU) with SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm. The MoU, signed during Abu Dhabi Finance Week, lays the groundwork for exploring collaborative opportunities in the Middle East and North Africa (MENA), with a focus on empowering […]
December 19, 2024 Dubai: Wall Street Exchange (WSE), a subsidiary of FINTX, the financial arm of 7X, signed a strategic partnership agreement with TerraPay, a global money movement company, to drive efficiency, reliability, and affordability in international money transfers and promote financial inclusion. This collaboration is set to expand WSE’s payment channels via TerraPay’s network, making […]
Dubai, United Arab Emirates – Skiply, the educational mobile payment app powered by RAKBANK, in partnership with Visa, a global leader in digital payments, has officially launched the “Visa Installments Solution (VIS)” for school payments in the UAE. The innovative payment option allows Visa credit cardholders from eligible banks to break down school fees into […]
The two companies will provide digital payment, embedded credit and integrated supply chain finance solutions to small businesses. December 19, 2024 Dubai, UAE: Mastercard and Boost, the business-to-business (B2B) commerce platform, have partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG) distribution networks – the final stage of supply […]
Known for its innovative approach, the company is revolutionizing how small to medium enterprises (SMEs) access working capital in the region. Since its inception, CredibleX has disbursed a substantial AED 100 million in loans, significantly impacting the local business ecosystem. The company recently announced a successful US$55m (AED 200m) seed funding round comprising both equity […]
Enabling Beyon Money to offer its UAE customers a wider range of financial solutions. Manama, Bahrain: Beyon Money, part of the Beyon Group, has secured two new licenses from the Central Bank of UAE (CBUAE), marking a new milestone in its expansion strategy. The two licenses, RPSCS (Retail Payment Services and Card Schemes) and SVF (Store […]
Abu Dhabi, UAE: ADIB Ventures, an initiative launched by Abu Dhabi Islamic Bank (ADIB) has signed a strategic partnership with Lean Technologies, the MENA region’s premier fintech infrastructure provider. The announcement was made in coordination with Hub71 at Abu Dhabi Finance Week 2024, where the organisations shared their vision of advancing financial innovation and delivering […]
Dubai, UAE: JazzCash, Pakistan’s leading mobile wallet provider, has announced a strategic partnership with LEJION MEDIA to revolutionize remittance services for Pakistanis residing in the UAE. This collaboration aims to simplify money transfers, enabling seamless remittances directly to JazzCash wallets in Pakistan. As the UAE remains the second-largest source of remittances to Pakistan, this partnership […]
UAE: Network International, a leading enabler of digital commerce in the Middle East and Africa, today announced that it has enabled Apple’s Tap to Pay on iPhone technology, allowing UAE merchants to seamlessly and securely accept in-person contactless payments directly using their iPhones. Available on Network’s N-Genius One iOS app, Tap to Pay on iPhone lets […]
December 10, 2024 Dubai, UAE: Dubai Financial Market (“DFM”) today welcomed the successful listing of Talabat Holding plc (“talabat” or the “Company”), the MENA region’s leading on-demand food, grocery and retail platform for everyday deliveries. talabat trades under the ticker symbol “TALABAT”. Delivery Hero SE (“Delivery Hero”), the selling shareholder and a public company listed on […]