Dubai, UAE – October 20, 2024: Careem Pay is celebrating Diwali in a golden way by offering customers the chance to earn gold when sending remittances to India. From October 20th to October 31st, Careem Pay users who transfer AED 50,000 or more to India will receive a gold voucher worth 1 gram of 24-carat […]
Dubai, UAE: NEO PAY has announced an exciting partnership with Qlub, a cutting-edge UAE-based fintech startup, aimed at revolutionizing the payment experience in the hospitality sector. This collaboration integrates NEO PAY’s advanced payment terminals with Qlub’s innovative technology, offering a seamless and efficient solution for both customers and merchants. The partnership is set to enhance […]
Johannesburg, South Africa: Visa has announced a strategic partnership with littlefish, an omni-channel platform that empowers financial institutions by offering a suite of business solutions tailored to support micro, small, and medium-sized enterprises (MSMEs) across Africa. This collaboration aims to streamline both in-store and online digital experiences for MSMEs through advanced business solutions and value-added […]
Dubai: Pakistani fintech startup Abhi has secured $15 million in credit financing, a round led by Shorooq Partners and Amplify Growth Partnership. This funding will enable the company to scale its operations and expand its Earned Wage Access (EWA) services across the UAE, targeting both blue-collar and white-collar workers. In an official statement released on […]
The UAE is on the verge of transforming its payment landscape with the introduction of Palm ID, a cutting-edge biometric payment solution that scans the unique vein patterns in an individual’s palm. Developed by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) in collaboration with the Central Bank of the UAE, this […]
The Middle East banking landscape has undergone profound transformation over the last decade – from the rise of FinTech and crypto assets to the emergence of programmable Web3 and, more recently, the surge of artificial intelligence (AI). With AI alone projected to contribute up to US$320 billion in economic value to the Middle East by […]
Collaboration Announced at 24 Fintech Event Aligns with Saudi Vision 2030’s Sustainability Goals Dubai, UAE – September 2024 – UAE-based Fils, an ESG-focused fintech that leverages blockchain technology, has partnered with Saudi Arabian tech platform Madkhol to offset the carbon footprint of Saudi capital market fintechs. The partnership, officially signed during the prestigious 24 Fintech […]
Dubai, UAE – In a groundbreaking move for the regional fintech space, Astra Tech has introduced the “Send Now, Pay Later” (SNPL) feature to the UAE’s multi-billion-dirham remittance market. This innovative service, available through the Botim Ultra App, will serve over 9 million users, enabling them to remit money internationally with immediate transfers and the […]
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 […]
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 […]