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 […]
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. […]
Startupbootcamp Partners with Meta to support MENA Startups
Meta, a global technology powerhouse, and Startupbootcamp, a renowned startup accelerator with a track record of over 1,600 successful startups, have announced a strategic partnership aimed at boosting the MENA region’s startup scene. This collaboration will introduce the Llama Design Drive, a programme tailored to meet the needs of MENA’s burgeoning startups by leveraging cutting-edge […]
Road & Transport Authority (RTA) Partners with DIFC-based SmartCrowd to Explore Tokenized Investment in Dubai Infrastructure
Dubai’s Roads and Transport Authority (RTA) has entered into a strategic partnership after signing an MoU with SmartCrowd Holding Ltd, the parent company of SmartCrowd Ltd. The latter, licensed by the Dubai Financial Services Authority (DFSA), is recognized as the first digital platform specialising in real estate investment and crowdfunding across the Middle East and […]