Dubai, UAE – Ctrl Alt, a leading financial engineering and tokenization platform, has officially launched in the UAE, marking its entry into the MENA region. With its headquarters in the UK and Ireland, Ctrl Alt’s expansion into the Emirate of Dubai is driven by the city’s strategic push to integrate tokenized assets across various sectors. […]
GSS and XSquare Partners to Revolutionize B2B Payments in the UAE
Dubai, UAE – GSS, a leading provider of innovative technology solutions, and XSquare, a pioneer in B2B payments, have announced a strategic partnership aimed at implementing cutting-edge open banking and real-time B2B payment solutions in the United Arab Emirates (UAE). This collaboration is set to empower financial institutions and businesses of all sizes in the […]
UK-based Fintech Revolut Eyes Expansion in Middle East With License Application at Central Bank of The UAE
Revolut Ltd., the London-based digital banking giant, is making significant strides toward entering the Middle East as part of its global expansion strategy. According to sources close to the matter, the fintech company has submitted applications to the Central Bank of the United Arab Emirates (CBUAE) for licenses to operate as an electronic-money institution and […]
Digital Payments Surge in UAE and Saudi Arabia Fueled by E-Commerce and BNPL Growth
The UAE and Saudi Arabia are witnessing a significant shift toward digital payments as consumers increasingly adopt modern shopping trends, according to the latest analysis from Checkout.com. The data highlights a marked rise in online shoppers, the growing popularity of Buy Now, Pay Later (BNPL) options, and increased consumer confidence in sectors such as travel. […]
UAE Fintech Fasset Announces IOWN Blockchain to Promote Real World Asset (RWA) Ownership
Dubai, UAE – Fasset, a UAE-based fintech platform, has officially launched IOWN, a groundbreaking Ethereum Layer 2 (L2) blockchain designed to revolutionize Real World Asset (RWA) ownership. The launch comes on the heels of Fasset securing a Credit Token License from the Labuan Financial Services Authority (Labuan FSA) in Malaysia, the regulator of the Labuan […]
Hub71 startups, Fuze and Bit2Me Partners to Enhance Digital Assets Infrastructure Between Latin America, Europe, and the Middle East
Abu Dhabi, UAE: Hub71-based startups, Fuze, a pioneering provider of digital assets infrastructure in the MENA region, and Bit2Me, a leading Spanish digital assets company, have signed a landmark strategic partnership aimed at enhancing digital assets infrastructure connectivity across Latin America, Europe, and the Middle East. The agreement was formalized at Hub71, Abu Dhabi’s global […]
Exits MENA Partners with Google to Launch “NAQLA” Investment Readiness Program for MENA Startups
Exits MENA, a leading consultancy specializing in structuring and advisory services for startups and SMEs across the Middle East and North Africa (MENA) region, has announced a strategic partnership with Google to launch the “NAQLA” investment readiness program. This initiative aims to accelerate the growth of regional entrepreneurs and startups, equipping them with the skills […]
UAE NymCard Partners with Mastercard to Offer Global Money Transfers from the UAE
Dubai, UAE; 11 September 2024 – NymCard, a certified principal member of Mastercard’s payment network and a leading Banking-as-a-Service (BaaS) provider, has announced a strategic partnership with Mastercard to enable fast, secure global money transfers from the UAE to 47 countries through a single, seamless connection. This collaboration will enhance NymCard’s BaaS platform by leveraging […]
Digital Assets platform XBTO Secures In-Principle Approval from Abu Dhabi Global Market (ADGM), Eyes UAE Expansion
10 September 2024, Bermuda – XBTO, a leading global institutional digital assets company, has announced that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate in the United Arab Emirates (UAE). This approval underscores the growing importance of the Middle East as a […]
Lune Technologies and AFS Unite to Enhance Financial Data Services for MEA Banks
Manama, Bahrain – September 2024 – Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, has announced a strategic partnership with Lune Technologies, a UAE-based leader in financial data analytics and enrichment. This collaboration, leveraging the strengths of both AFS and Lune, is poised to […]