DUBAI [October 3rd, 2024]: WizzFinancial Group, a global fintech platform specializing in local payments and cross-border remittance, foreign exchange, lending, and payment gateway solutions, has announced the appointment of Samir Vidhate as Chief Executive Officer of Xpress Money, its B2B money services division. Based in the Abu Dhabi Global Market (ADGM) and regulated by the Financial […]
Dubai, UAE – du Pay, the digital financial services subsidiary of du, has announced an innovative partnership with Emirates NBD to introduce virtual IBANs for its users. This collaboration aims to simplify fund transfers within the UAE, offering enhanced convenience and security for du Pay customers. The partnership allows every du Pay user to benefit […]
Dubai, UAE – October 2, 2024: In a landmark initiative aimed at empowering innovators and fostering creativity, the Dubai Future Foundation (DFF) and the UAE Ministry of Economy have announced the launch of the Dubai Intellectual Property Hub (DIPH). The UAE’s first centralized platform for intellectual property (IP) and intangible assets (IA) was unveiled at […]
Dubai, UAE — October 1, 2024 — Podeo, the world’s largest podcast distribution platform, today announced the completion of a $5.4 million Series A funding round. Led by Oraseya Capital, the VC arm of Dubai Integrated Economic Zones Authority, with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital, the […]
Dubai, UAE – In a significant milestone, Ripple, a leading provider of digital asset infrastructure, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC). This achievement positions Ripple as a regulated entity within the UAE and allows the company to introduce its […]
CASABLANCA, Morocco, September 27, 2024 – Network International (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa, officially announces its establishment in Morocco, furthering its strategic expansion in Francophone Africa. With over 30 years of industry leadership, Network International is committed to accelerating the digitalization of payments in the Kingdom through […]
Cairo, 29 September 2024 – Kredit, a newly launched SME financing company under GB Capital Group, is proud to announce it has secured EGP 50 million in funding from the National Bank of Egypt (NBE). This investment is an integral part of Kredit’s mission to enhance financial inclusion and provide crucial support to Egypt’s small and medium enterprises (SMEs). […]
Dubai, UAE – Magnati, a leading regional payment solutions provider, has announced a strategic partnership with Wio Bank to deliver cutting-edge embedded finance solutions to businesses across the UAE. This collaboration aims to streamline access to critical financial services for small and medium-sized enterprises (SMEs), leveraging real-time POS (Point of Sale) data to offer tailored […]
Ajman, UAE – In an exciting move set to revolutionize the payment landscape in the region, NymCard has announced a strategic partnership with the Ajman Transport Authority. This collaboration aims to introduce innovative prepaid payment solutions, providing customers with enhanced convenience and flexibility in managing their financial transactions. As part of the partnership, NymCard will […]
The Emirates Publishers Association (EPA) has signed a Memorandum of Understanding (MoU) with Network International, a leading digital commerce enabler across the Middle East and Africa. This strategic partnership aims to provide advanced digital payment solutions for UAE publishers, streamlining the sales process of their publications and reducing financial overheads. Under the agreement, EPA member […]