Singapore – Bitcoin reached a record high above $81,000 on Monday amid a growing belief that cryptocurrencies could thrive under a favorable regulatory environment in the United States following Donald Trump’s recent election as President, along with the success of pro-crypto candidates in Congress. The world’s largest and most popular cryptocurrency has more than doubled […]
RIYADH – November 11th, 2024 – Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General Catalyst, a renowned Silicon Valley-based venture capital group. The round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, among others. This brings Lean’s total funding to […]
London – Bitcoin surged to a new all-time high on Sunday, topping $80,000 as traders speculated that Donald Trump’s potential return to the White House could boost the digital currency’s prospects. The cryptocurrency’s rapid climb reflects investor confidence in the former president’s pro-crypto stance, with many expecting his policies to foster growth in the sector. The […]
Dubai, UAE – Al Ansari Exchange, the UAE’s largest remittance and foreign exchange provider and a subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with MEX Global Financial Services LLC, a part of the globally renowned MultiBank Group. This alliance will enable customers to conduct deposits and withdrawals for their trading […]
November 7, 2024 – In a strategic move to drive financial inclusion and streamline cross-border payment solutions across the African continent, Thunes has announced a partnership with Ecobank, a leading pan-African financial institution. This collaboration aims to build secure, efficient digital payment pathways for millions of individuals and businesses throughout Africa, connecting them with global […]
Dubai, UAE — du, a leading telecom and digital services provider in the UAE, has announced the launch of “Ultimate Plans,” an innovative suite of digital solutions developed to enhance productivity, bolster digital presence, and strengthen security for small and medium-sized enterprises (SMEs). This new offering, in collaboration with Microsoft, integrates advanced productivity and security […]
Amsterdam, Dubai, Islamabad, 07 November 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, today announced a strategic collaboration between Jazz, VEON’s digital operator in Pakistan, and Standard Chartered Bank (SCB). Through Jazz’s enterprise solutions arm, Garaj, the partnership aims to establish a regional availability zone for SCB, reinforcing the bank’s operational resilience and bolstering its customer […]
Dubai, UAE – Zywa, a digital money management app tailored for students aged 6 to 25, has announced a landmark partnership with Shukran, one of the MENA region’s largest retail loyalty programs. This collaboration aims to enrich the financial and lifestyle experience of Gen Z and their families by integrating Zywa’s innovative platform with Shukran’s […]
November 7, 2024 | Dubai, UAE – In a groundbreaking public-private partnership, Mastercard and the Arab Regional Payment System, Buna, are collaborating to transform cross-border payments into and out of the Middle East and North Africa (MENA) region. This alliance aims to simplify and expedite cross-border transactions, offering faster, more affordable, and transparent payment solutions […]
Dubai-headquartered Qashio, a prominent fintech innovator in spend management and corporate card solutions, has surpassed AED 1 billion in transaction volumes, transforming Dh 1 billion in cash spending into secure, traceable digital payments. This milestone, announced by the company in October, underscores Qashio’s role in setting a new standard in digital transaction management through cutting-edge […]