Dubai, UAE: Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa, and Türkiye) region, has partnered with Mastercard to launch the Emirates NBD Wholesale Travel Solution, a cutting-edge virtual card-based B2B payment product tailored for travel agencies. This new collaboration builds on a longstanding partnership between the two companies, […]
Dubai, UAE: In a move set to enhance digital payment capabilities across the UAE, Mastercard and Network International, a leading digital commerce enabler in the Middle East and Africa, have expanded their strategic partnership to offer fast, near real-time digital payments. This collaboration leverages Mastercard’s Move platform, a robust suite of money movement solutions, to […]
Dubai, United Arab Emirates, 12 November 2024 – Mastercard has joined forces with Tap Payments, a leading payment technology provider in the Middle East and North Africa, to introduce the world’s first ‘Click to Pay with Payment Passkey’ service. This innovative solution promises to enhance the security and convenience of online shopping by eliminating the […]
Dubai, UAE — Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance service, now enabling UAE residents to transfer money to Spain, Italy, France, Ireland, and Germany. This latest expansion adds five new European countries to Careem Pay’s growing list of remittance corridors, with further European […]
DUBAI – Talabat, the MENA region’s leading food and grocery delivery platform operated by Delivery Hero (DHER.DE), has launched an initial public offering (IPO) with plans to focus on strong growth across its existing markets, according to CEO Tomaso Rodriguez. Rather than pursuing new territories like Saudi Arabia, Talabat intends to expand its offerings within […]
RIYADH – November 11th, 2024 – Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General Catalyst, a renowned Silicon Valley-based venture capital group. The round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, among others. This brings Lean’s total funding to […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange provider and a subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with MEX Global Financial Services LLC, a part of the globally renowned MultiBank Group. This alliance will enable customers to conduct deposits and withdrawals for their trading […]
Dubai, UAE — du, a leading telecom and digital services provider in the UAE, has announced the launch of “Ultimate Plans,” an innovative suite of digital solutions developed to enhance productivity, bolster digital presence, and strengthen security for small and medium-sized enterprises (SMEs). This new offering, in collaboration with Microsoft, integrates advanced productivity and security […]
Dubai, UAE – Zywa, a digital money management app tailored for students aged 6 to 25, has announced a landmark partnership with Shukran, one of the MENA region’s largest retail loyalty programs. This collaboration aims to enrich the financial and lifestyle experience of Gen Z and their families by integrating Zywa’s innovative platform with Shukran’s […]
November 7, 2024 | Dubai, UAE – In a groundbreaking public-private partnership, Mastercard and the Arab Regional Payment System, Buna, are collaborating to transform cross-border payments into and out of the Middle East and North Africa (MENA) region. This alliance aims to simplify and expedite cross-border transactions, offering faster, more affordable, and transparent payment solutions […]