Dubai, UAE – 26 November 2024 – EXANTE, a globally recognized fintech leader, has announced the opening of its new office in the Dubai International Financial Centre (DIFC). This marks a significant step in EXANTE’s mission to expand its presence in key financial hubs worldwide. The move enables EXANTE to offer its cutting-edge brokerage solutions […]
UK-based Watercycle Technologies is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority (‘GMCA’), Aer Ventures and the University of Manchester Innovation Factory. This investment will enable Watercycle to rapidly scale up and commercially deploy its technology […]
Locad, a leading provider of Cloud Supply Chain-as-a-Service solutions, has raised $9 million in its pre-Series B funding round. The investment was co-led by Global Ventures and existing backer Reefknot Investments, with participation from Sumitomo Equity Ventures, Antler Elevate, Febe Ventures, and JG Summit. The funds will drive Locad’s international expansion, beginning with the UAE […]
To invest dh 462M and create 70 jobs in The UAE and Middle East by 2027 Trusted by 1,500+ customers, including one-third of the Fortune 500, and some of the region’s best-loved brands, including Samsung, Emirates NBD, Nike, Nayomi, ING Bank, Kavak, L’Oreal, and Air Arabia, to accelerate digital growth through best-in-class omnichannel experiences and […]
Dubai, UAE – Today — Telr, the UAE-based award-winning online payment gateway, announced its strategic expansion into Jordan and Bahrain, reinforcing its commitment to advancing digital transformation and supporting the fast-growing e-commerce ecosystems in the MENA region. With this new move, Telr aims to provide businesses in these key markets with comprehensive payment solutions that […]
Dubai, UAE – October 3, 2024: American Express Middle East has announced a strategic partnership with Telr, a leading online payment gateway, to significantly expand its acceptance across Telr’s extensive merchant network. Through this collaboration, American Express will become one of Telr’s aggregation payment service providers in the MENA region, enabling its Card Members to […]
LONDON, United Kingdom, September 18, 2024/ — Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions. PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the […]
Nubank, one of the world’s largest digital banks with over 100 million customers, is exploring opportunities to expand into the Middle East and North Africa (MENA) region, targeting key markets like Saudi Arabia and the UAE. The move comes as the region undergoes rapid digital transformation and experiences increasing demand for innovative fintech services. Already […]
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 […]
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, […]