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 – Popcorn AI, a leading innovator in conversational commerce, has raised $500,000 in a pre-seed funding round led by Spring Studios fund, with backing from Salica Investments, Al Waha Fund of Funds, and prominent angel investors from Saudi Arabia. This funding round marks a pivotal milestone in Popcorn AI’s journey to reshape how […]
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 […]
SAN FRANCISCO–(BUSINESS WIRE)–Writer, a pioneering full-stack generative AI platform for enterprise applications, has announced a successful $200 million Series C funding round, elevating its valuation to $1.9 billion. Co-led by Premji Invest and Radical Ventures, with significant support from existing investor ICONIQ Growth, the funding round also saw participation from Salesforce Ventures, Adobe Ventures, B […]
Dubai, United Arab Emirates – Pemo, the Dubai-based spend management platform, has successfully closed a $7 million Pre-Series A funding round as it advances its strategic growth across the Middle East. This milestone comes after two years of exceptional performance in the UAE, with Pemo achieving an impressive AED 1.4 billion in annualized transactions. The […]
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 […]
Bitcoin surged to a new all-time high of $89,640 early Tuesday, edging closer to the highly anticipated $90,000 mark as investors ramp up bets on Donald Trump’s return to the White House after his decisive victory in last week’s U.S. presidential election. The cryptocurrency market has rallied strongly, with Bitcoin gaining approximately $8,600—an 11% increase—in […]
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 […]
NEW YORK—October 10, 2024—UnifyApps, the Unified Enterprise AI Agent platform, has announced the successful closing of a $20 million Series A funding round led by ICONIQ Growth, with continued support from existing investor Elevation Capital. The funding round also brings ICONIQ Growth General Partner Matt Jacobson onto UnifyApps’ board of directors. With this latest investment, […]