Abu Dhabi, UAE – December 11th, 2024 – Numou Revolutionizes SME Financing in the UAE with Launch of Innovative Digital Lending Marketplace at ADFW Numou, a subsidiary of ADGM, the capital’s leading international financial centre, has officially launched a groundbreaking digital lending marketplace, with the goal of transforming the financing landscape for small and medium-sized enterprises […]
Dubai, UAE, December 2024 – Instapay Technologies, a leading Southeast Asian fintech headquartered in Kuala Lumpur, Malaysia, has announced its entry into the UAE Market in partnership with leading UAE bank, Commercial Bank International (CBI). This collaboration, facilitated by Instapay’s wholly-owned subsidiary, Instapay Technologies LLC in Dubai, aims to bring digital banking and payroll solutions […]
The collaboration aims to bring about a revolution in the way digital payments are conducted in the country. KUWAIT CITY: National Bank of Kuwait (NBK) announced that it has acquired a majority stake of 51% in Kuwait-based Payment Services Provider, and e-commerce enablement platform, UPayments. This acquisition represents a significant step forward in the digital […]
This strategic collaboration combines Klaim’s expertise in accelerating insurance claim payments with Wio Business’s digital banking services. December 5, 2024 Abu Dhabi, United Arab Emirates — Klaim, an Abu Dhabi-based fintech company, and Wio Bank PJSC, the region’s first platform bank, are pleased to announce the launch of an innovative cash-flow solution for healthcare providers in […]
December 5, 2024 United Arab Emirates: Sharjah Islamic Bank (SIB) has inked a new partnership with Network International, a leading enabler of digital commerce in the Middle East and Africa, to offer advanced digital financial services to its customers in the UAE. Under this agreement, SIB will leverage Network International’s integrated multi-channel payment solutions to strengthen […]
Aliph Capital (“Aliph”), an ADGM-based private equity manager, announces the acquisition of a 25% stake in SANIPEX GROUP (“the Company”), the leading homegrown lifestyle product supplier. The investment follows Aliph’s investment in the UAE’s pet retail sector, aligning with its strategy of deploying capital in high-quality, market-leading GCC companies. SANIPEX GROUP provides high-quality bathroom, kitchen, […]
Premier Bank and Mastercard launch Shari’ah-compliant cards, promoting secure, inclusive, and innovative digital banking solutions. Premier Bank, a leading Islamic financial institution in Kenya, has announced a collaboration with Mastercard to introduce an innovative suite of Shari’ah-compliant debit, credit, and prepaid cards. This collaboration marks a significant milestone in delivering secure financial solutions, tailored to […]
Enabling Comera Pay customers to seamlessly send cross-border remittances from the UAE to over 200 countries. Dubai, UAE – MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, today announced a strategic partnership with Comera Pay, the all-inclusive suite of digital payment services in the UAE , from Comera Financial Holding Ltd., […]
Bahrain, December 4, 2024 – Crypto.com has secured a principal licence with Mastercard, enabling the company to directly issue cards on Mastercard’s network. Crypto.com will launch a card in Bahrain powered by Mastercard. The new programme will leverage Mastercard’s trusted, scalable and secure payments network to enable Crypto.com customers to use their card at over 150 […]
Doha, Qatar – December 3, 2024: Doha Bank, one of Qatar’s leading financial institutions, has announced a groundbreaking partnership with Mastercard to introduce Mastercard Move, making it the first bank in the country to launch this innovative payment solution. This strategic collaboration underscores Doha Bank’s commitment to digital banking excellence, delivering seamless, secure, and efficient […]