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 […]
Thunes Partners with Ecobank to Enhance Financial Access and Cross-Border Payments Across Africa
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 […]
du Partners with Microsoft to Boost SME Productivity in the UAE
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 […]
VEON’s Cloud & Cybersecurity Platform Garaj Signs with Standard Chartered Bank in Pakistan
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 […]
Landmark Group Shukran Loyalty Program partners with Zywa
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 […]
Mastercard and Buna Partner to Revolutionize Cross-Border Payments Across MENA Region
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-based Qashio becomes MENA first Spend Management to pass Dh1b Mark in Transaction Volume
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 […]
Tencent Partners with Visa to Launch Palm Recognition Payments in Singapore
November 6, 2024 – Tencent has announced a strategic partnership with Visa to bring its palm recognition technology to international markets, with an initial rollout in Singapore. The service, called “Pay by Palm,” enables Visa cardholders from participating banks—including DBS, OCBC, and UOB—to make secure, contactless payments by scanning their palms. The pilot launch was […]
Kuwait-based VC firm Arzan VC launches Revenya Capital to back MENA Startups
Dubai, UAE – Arzan Venture Capital (Arzan VC) has officially announced a strategic partnership with seasoned investor and finance expert Ahmad Takatkah to launch Revenya Capital, a pioneering revenue-based financing (RBF) firm dedicated to empowering tech startups across the MENA region. With an initial seed investment of $2 million from Arzan VC and Arzan Financial […]
Mastercard partners with PayMate to advance digitization of B2B payments across EEMEA
Dubai, UAE – Mastercard has announced a strategic, multi-year partnership with leading digital B2B payments company, PayMate, to accelerate and simplify business-to-business (B2B) payments across Eastern Europe, the Middle East, and Africa (EEMEA). This collaboration aims to address significant B2B payment challenges in the region, including limited transaction visibility, manual invoicing, and restricted payment options—all of […]