Dubai, UAE – June 26, 2024 – OCTA and Comfi Payments, both esteemed alumni of the Sanabil 500Global accelerator program, are proud to announce a strategic partnership aimed at revolutionizing the collections process for businesses across the UAE. This collaboration leverages the strengths of both companies to automate collections through the UAE Direct Debit System […]
Mastercard and Women Choice Partners to create one million jobs for women across MEA by 2030
The World Economic Forum’s (WEF) Global Gender Gap Report last year delivered a sobering revelation: at the current pace, it will take 169 years to achieve economic gender parity. This stark reality has galvanized government entities, NGOs, and corporations worldwide to redouble their efforts, leveraging the power of partnerships to expedite progress. One such transformative […]
UAE-based fintech Comfi Secures $5 Million Debt Facility to Accelerate B2B Payments Expansion in UAE and KSA
Abu Dhabi, UAE – June 25, 2024 – Comfi, a rapidly growing B2B payment platform, has successfully secured a $5 million debt facility from an Abu Dhabi-based private family office. This significant investment marks a pivotal moment for Comfi as it continues to expand its footprint and revolutionize B2B transactions in the United Arab Emirates […]
OCTA Announces Strategic Partnership with Mamo to Enhance Payment Solutions
[Dubai, June 25, 2024] – OCTA is thrilled to announce a groundbreaking partnership with Mamo, aimed at revolutionizing the way businesses handle their accounts receivable. This collaboration seamlessly integrates Mamo’s cutting-edge payment solutions directly into OCTA’s robust accounts receivable platform, offering users a more streamlined and intuitive transaction experience. “We are excited about this partnership […]
Euronet and Fintech Galaxy Partner to Launch Banking-as-a-Service for Banks, Fintechs, and Merchants in MEA Region
Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, and Fintech Galaxy, a leader in Open Banking and financial innovation, today announced a partnership focused on enhancing Open Banking-based payment processes. The partnership includes complete payment processing capabilities and open banking services delivered through a new Banking as a Service (BaaS) offering for banks, […]
ZOTH Partners with InvoiceMate to Revolutionize TradFi Assets and DeFi Liquidity
ZOTH, a leading platform in institutional-grade fixed-income marketplaces, has announced a strategic partnership with InvoiceMate, aiming to transform traditional finance (TradFi) assets into tokenized real-world assets (RWAs) and provide them with decentralized finance (DeFi) liquidity. InvoiceMate: A Rising Star in Decentralized Invoice Financing InvoiceMate, recognized by Deloitte as a rising star, is a decentralized invoice […]
Qatar Ooredoo Group Partners with NVIDIA to Pioneer AI Revolution in MENA Region
Ooredoo Group today announced it is becoming an NVIDIA Cloud Partner (NCP), aligned with its strategy of becoming the leading digital infrastructure provider in the MENA (Middle East and North Africa) region. Through this collaboration, Ooredoo is leveraging NVIDIA’s advanced accelerated computing platform to help enable the AI revolution in the region. Capitalising on the […]
Magnati Announces Acceptance of Jaywan Card across its Merchant Network
Abu Dhabi, UAE – 13 June 2024: Magnati, a leading payments solutions provider in the Middle East region, has partnered with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, to enable acceptance of the newly launched Jaywan card on the payment terminals offered by Magnati to its merchants. Jaywan is the […]
NOW Money Secures $4 Million in Investment for Business Expansion and Technological Advancements
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 […]
Worldwide Cash Express and TerraPay Forge Strategic Partnership to Enhance Cross-Border Payments
Worldwide Cash Express, a leading global provider of money transfer services and a subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), today announced a strategic partnership with TerraPay, a global money movement company. This collaboration aims to enhance cross-border payment solutions, offering clients faster, more secure, and cost-effective services. The partnership allows Worldwide Cash […]
