Dubai, December 18, 2024 — Crypto.com has today announced the appointment of Mohammed Al Hakim as President of its UAE operations, underscoring the company’s commitment to regional growth and diversity. Al Hakim’s hiring marks the first time a GCC and Emirati national takes on this prestigious role, not only within the company but also in the […]
Muscat, Oman – QPay, Oman’s newly licensed ‘Buy Now, Pay Later’ (BNPL) financial services provider, has announced the successful close of its seed funding round, led by Cyfr Capital. The investment marks a significant milestone for QPay, with this funding being part of Future Fund Oman (FFO)’s strategic mission to foster growth and innovation within […]
شركة قرضي توقع شراكة مع شركة وسيلة لتمويل التشطيبات المنزلية في مصر القاهرة، مصر – 18سبتمبر 2024 تفتخر قرضي و هي أول منصة إلكترونية في مصر ومنطقة الشرق الأوسط وشمال إفريقيا تسمح للمؤسسات المالية بتمويل الشركات المتناهية الصغر والصغيرة والمتوسطة (MSMEs)، بالإعلان عن شراكتها مع شركة وسيلة لإطلاق منتج جديد يهدف إلى توفير التمويل الاستهلاكي […]
Doha, Qatar, 28th August 2024 — NymCard, the leading embedded finance provider in the MENA region, has officially expanded into Qatar after securing a license under the Qatar Financial Center (QFC). This strategic expansion further cements NymCard’s mission to build a robust payment infrastructure across the region. Already established in key markets including the UAE, […]
Islamabad, August 27, 2024 — In a first-of-its-kind collaboration in South Asia, Proparco, Karandaaz Pakistan, and Parwaaz Financial Services Ltd have joined forces to enhance access to finance for women-led businesses and early-stage green technology ventures in Pakistan. This strategic partnership aims to empower those who are traditionally underserved by the conventional financial system, particularly […]
August 15, 2024 – Mastercard has announced a strategic partnership with Scale, a leading issuer orchestration partner, aimed at accelerating market deployment for fintech companies across Africa and the Middle East. This collaboration is expected to significantly reduce technical and commercial barriers that fintech firms, aggregators, enablers, payment service providers (PSPs), and telcos face when […]
Riyadh, Saudi Arabia – Intelmatix, a prominent deep-tech AI company, has successfully closed a $20 million Series A funding round. The round was led by Shorooq Partners and attracted investments from notable public and private institutions, including Saudi Venture Capital Company (SVC), Saudi Technology Ventures (STV), Olayan Financing Company, Sultan Holdings, Zain Ventures, and Rua […]
Dubai, UAE – June 12, 2024 – NOW Money, a leading inclusive banking and payroll FinTech company, has successfully closed a $4 million equity round. This investment marks the second round of funding since the company’s acquisition led by Mark Nutter and Nicolas Andine in 2023. NOW Money is dedicated to providing secure digital banking […]
Tenderd, a global leader in digital transformation for heavy equipment management and operations, has successfully closed a $30 million Series A funding round. The round was led by A.P. Moller Holding, the $32 billion investment arm of the A.P. Moller Group, which includes A.P. Moller – Maersk. New investors Quadri Ventures and Saurya Prakash, a […]