Dubai, UAE – Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has launched a new initiative enabling customers to invest in the UAE equity markets with zero transaction fees. This move aims to stimulate the growth of domestic stocks and bolster economic development within the country. Aligned […]
UAE-based B2B marketplace Plain Tiger Raises undisclosed Investment from COREangels MEA
COREangelsMEA, a member of the global COREangels International network, has announced its latest investment in Plain Tiger, an innovative startup revolutionizing the B2B hospitality sector. The investment decision follows COREangelsMEA’s fourth investment committee, where Plain Tiger emerged as the top candidate from over 750 startup applications. While the exact investment amount remains undisclosed, the African […]
Algerian edtech LabLabee Secures $3.4 Million in Seed Funding Round
Algiers, Algeria – LabLabee, an innovative Algerian edtech startup, has successfully raised $3.4 million in seed funding to drive the adoption of 5G, cloud, and AI technologies across the telecommunications and industrial sectors. The funding round was led by Reach Capital, with significant participation from Classera and existing investors Brighteye Ventures and e& capital. The […]
PayRetailers expands further into Africa, boosting financial inclusion across eight additional key markets
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 Eyes Expansion into MENA Region, Targeting Rapidly Growing Digital Banking Market
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 […]
London-based Fintech Ctrl Alt Expands to the UAE with a Focus on Tokenized Assets
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. […]
Noman Azhar, Chief Officer Zindigi powered by JS Bank Named “Digital Leader of the Year”
Lahore, Pakistan, September 2024 – Noman Azhar, Chief Officer of Zindigi, powered by JS Bank, has been honored with the prestigious title of “Digital Leader of the Year” at the 2024 Pakistan Digital Awards. This accolade recognizes his pivotal role in transforming Pakistan’s digital banking and fintech sectors, as well as his efforts in revolutionizing […]
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 […]
UAE-Based Automotive SaaS Startup Seez Secures $4.2 Million Investment for US Expansion
Seez, a leading UAE-based automotive SaaS company, has announced securing a $4.2 million investment to fuel its ambitious expansion into the United States market. Renowned for its proprietary technology, Seez has developed a diverse portfolio of AI-driven solutions, including Seezar, an AI chatbot designed to revolutionize customer interactions within the automotive industry. As one of […]
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 […]